It has been brought to the Board's attention that certain unlicensed persons (primarily in the Western part of the" state) are engaging in the business of arranging temporary accommodations for visitors to the World's Fair in nearby Knoxville, Tennessee.

It was reported that these persons generally charge the property owner a fee for listing their property (apartments, houses, trailers, etc.); advertise in local and national publications that such properties are available through their offices; collect the rents; and disburse the rent payments to the property owner after deducting another fee.

Inasmuch as the Real Estate License Law requires a real estate license of persons who rent or offer to rent real estate for others for compensation, the Board determined that the acts being performed by these persons fall within the statutory definition of real estate brokerage and that a real estate license was therefore required.

Persons aware of such activities should immediately notify the Real Estate Licensing Board office.