CT Real Estate Chapter 10 Review Questions and Answers

The Connecticut Real Estate commission Who administers the Connecticut Licensing Laws? 8 How many commission members are there? 5 How many commission members are real estate professionals? No Can the commission have a big majority from any one political party? A majority What is considered a quorum for the comission? The governor Who appoints commission members? $120 How much is the application fee for brokers? $80 How much is the application fee for salespeople? 4 How many times in a one-year period can you take the exam on one fee? 120 How many hours of education do brokers need? 60 How many hours of principles and practices do salespeople need? 60 How many hours of principles and practices do brokers need? 30 How many hours of real estate appraisal do brokers need? 30 How many hours of another real estate course do brokers need? 2 How many years experience as a sales person do you need to become a broker? 75% What is a passing grade on the broker's licensing exam? 70% What is a passing grade on the salesperson's licensing exam? No Do brokers need sponsors?