Tennessee Code Annotated

Tenn. Code Ann. § 62-13-406 (2026)

Designated broker - Managing broker

✓ current as of May 2026

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(a) A licensee entering into a written agreement to represent any party in the buying, selling, exchanging, renting or leasing of real estate may be appointed as the designated and individual agent of this party by the licensee's managing broker, to the exclusion of all other licensees employed by or affiliated with the managing broker. A managing broker providing services under this chapter shall not be considered a dual agent if any individual licensee so appointed as designated agent in a transaction, by specific appointment or by written company policy, does not represent interests of any other party to the same transaction.

(b) The use of a designated agency does not abolish or diminish the managing broker's contractual rights to any listing or advertising agreement between the firm and a property owner, nor does this section lessen the managing broker's responsibilities to ensure that all licensees affiliated with or employed by the broker conduct business in accordance with appropriate laws, rules and regulations.

(c) There shall be no imputation of knowledge or information among or between clients, the managing broker and any designated agent or agents in a designated agency situation.

Acts 1995, ch. 246, § 8.

Notes of Decisions

Cited in 3 cases, 2006–2013 · leading case: Ingram v. Cendant Mobility Fin. Corp., 215 S.W.3d 367 (Tenn. Ct. App. 2006).

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Ingram v. Cendant Mobility Fin. Corp., 215 S.W.3d 367 (Tenn. Ct. App. 2006). · cites it 5× “§ 62-13-406(c) (1997) (“There shall be no imputation of knowledge or information among or between clients, managing broker and any designated agent(s) in a designated agency situation”).”

Reid R. Crumpton v. Patricia G. Grissom (Tenn. Ct. App. 2013). · cites it 13× “– (a) A licensee entering into a written agreement to represent any party in the buying, selling, exchanging, renting or leasing of real estate may be appointed as the designated and individual agent of this party by the licensee’s managing broker, to the exclusion of all other…”

Raymond Konop v. James Henry (Tenn. Ct. App. 2010). · cites it 6× “See Tenn. Code Ann. § 62-13-406 (b). David Jent’s duty to the purchasers was to ensure that Jason Jent complied with all appropriate laws, rules and regulations.”

— Tenn. Code Ann. § 62-13-406(c) — 1 case

Ingram v. Cendant Mobility Fin. Corp., 215 S.W.3d 367 (Tenn. Ct. App. 2006). “§ 62-13-406(c) (1997) (“There shall be no imputation of knowledge or information among or between clients, managing broker and any designated agent(s) in a designated agency situation”).”

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