Connecticut Real Estate Practice and Law
UPDATED Exam Questions and CORRECT
Answers
Buyer brokerage contracts in Connecticut
a. must be in writing to be enforceable
b. must be on specific forms
c. are not regulated under the license laws
d. are illegal - CORRECT ANSWER - a. must be in writing to be enforceable
In Connecticut, real estate commission and compensation are
a. set by law
b. set by the Real Estate Commission
c. determined by local groups of brokers
d. negotiable between the seller or the buyer and the broker - CORRECT ANSWER - d.
negotiable between the seller or the buyer and the broker
In Connecticut, an exclusive right-to-buy contract
a. is illegal
b. is equivalent to a listing agreement
c. requires the signature of the principal only
d. must be indicated as such in the buyer agency agreement - CORRECT ANSWER - d.
must be indicated as such in the buyer agency agreement
A broker who enters into an exclusive agency listing contract
a. is guaranteed a commission
b. must split his or her commission
c. must make a diligent attempt to sell or lease the property
,d. has violated the law - CORRECT ANSWER - c. must make a diligent attempt to sell or
lease the property
Betty Buyer contacts Hartfield Realty and is interested in potentially purchasing a home in the
Hartfield area. Without entering into a buyer agency relationship with Betty, a salesperson from
Hartfield realty can do all of the following for her except
a. prequalify Betty for a mortgage
b. give Betty information on mortgage interest rates and terms
c. give Betty information on properties for sale in Hartfield
d. explain to Betty about buyer agency, seller agency, and dual agency - CORRECT
ANSWER - a. prequalify Betty for a mortgage
Betty is interested in seeing a house listed with Hartfield Realty but does not wish to enter into a
buyer agency agreement with Hartfield Realty. A salesperson from Hartfield Realty can show
Betty an in-house listing if
a. the salesperson obtains the seller's permission
b. Betty verbally agrees to buyer agency
c. the salesperson provides Betty with an Agency Disclosure Notice, stating that Hartfield Realty
represents the seller
d. the salesperson provides Betty with a Dual Agency Consent Form - CORRECT
ANSWER - c. the salesperson provides Betty with an Agency Disclosure Notice, stating
that Hartfield Realty represents the seller
In Connecticut, a net listing is
a. based on a set rate of commission
b. similar to an open listing
c. common
d. illegal - CORRECT ANSWER - d. illegal
A broker who wishes to place a For Sale sign on a listed property must first
a. obtain the consent of the owner of the property
, b. sell the property
c. list the property
d. get Connecticut law changed to permit for sale signs on properties - CORRECT
ANSWER - a. obtain the consent of the owner of the property
Can a salesperson advertise property listed with his or her brokerage firm in his or her own
name?
a. Yes, the salesperson can, as long as it is that salesperson's listing
b. Yes, as long as the salesperson is affiliated with the brokerage firm
c. No, a salesperson can never advertise listed property under his or her name
d. No, a salesperson cannot advertise - CORRECT ANSWER - c. No, a salesperson can
never advertise listed property under his or her own name
Bob Broker has obtained permission from Sonjay Broker and Ken Broker to advertise Sonjay's
and Ken's listings on his office website. Bob Broker now has an obligation to
a. obtain the seller's permission for such advertising
b. advertise Sonjay's and Ken's listings on the first page of the internet site
c. include Sonjay's and Ken's names and email addresses under the listing information
d. update the listing information at least every 72 hours - CORRECT ANSWER - d. update
the listing information at least every 72 hours
A salesperson sends out an email to all the parents in her daughter's first-grade class, informing
them that she is a real estate agent and providing them with pictures of houses that she has
currently listed. In this email, the salesperson is legally required to also include
a. the name of the real estate broker she is affiliated with
b. listing prices of the properties
c. the last date when the property information was updated
d. none of these because a simple email such as this is not considered advertising - CORRECT
ANSWER - a. the name of the real estate broker she is affiliated with
A person engaging in real estate activities for another and for a fee must hold a valid
UPDATED Exam Questions and CORRECT
Answers
Buyer brokerage contracts in Connecticut
a. must be in writing to be enforceable
b. must be on specific forms
c. are not regulated under the license laws
d. are illegal - CORRECT ANSWER - a. must be in writing to be enforceable
In Connecticut, real estate commission and compensation are
a. set by law
b. set by the Real Estate Commission
c. determined by local groups of brokers
d. negotiable between the seller or the buyer and the broker - CORRECT ANSWER - d.
negotiable between the seller or the buyer and the broker
In Connecticut, an exclusive right-to-buy contract
a. is illegal
b. is equivalent to a listing agreement
c. requires the signature of the principal only
d. must be indicated as such in the buyer agency agreement - CORRECT ANSWER - d.
must be indicated as such in the buyer agency agreement
A broker who enters into an exclusive agency listing contract
a. is guaranteed a commission
b. must split his or her commission
c. must make a diligent attempt to sell or lease the property
,d. has violated the law - CORRECT ANSWER - c. must make a diligent attempt to sell or
lease the property
Betty Buyer contacts Hartfield Realty and is interested in potentially purchasing a home in the
Hartfield area. Without entering into a buyer agency relationship with Betty, a salesperson from
Hartfield realty can do all of the following for her except
a. prequalify Betty for a mortgage
b. give Betty information on mortgage interest rates and terms
c. give Betty information on properties for sale in Hartfield
d. explain to Betty about buyer agency, seller agency, and dual agency - CORRECT
ANSWER - a. prequalify Betty for a mortgage
Betty is interested in seeing a house listed with Hartfield Realty but does not wish to enter into a
buyer agency agreement with Hartfield Realty. A salesperson from Hartfield Realty can show
Betty an in-house listing if
a. the salesperson obtains the seller's permission
b. Betty verbally agrees to buyer agency
c. the salesperson provides Betty with an Agency Disclosure Notice, stating that Hartfield Realty
represents the seller
d. the salesperson provides Betty with a Dual Agency Consent Form - CORRECT
ANSWER - c. the salesperson provides Betty with an Agency Disclosure Notice, stating
that Hartfield Realty represents the seller
In Connecticut, a net listing is
a. based on a set rate of commission
b. similar to an open listing
c. common
d. illegal - CORRECT ANSWER - d. illegal
A broker who wishes to place a For Sale sign on a listed property must first
a. obtain the consent of the owner of the property
, b. sell the property
c. list the property
d. get Connecticut law changed to permit for sale signs on properties - CORRECT
ANSWER - a. obtain the consent of the owner of the property
Can a salesperson advertise property listed with his or her brokerage firm in his or her own
name?
a. Yes, the salesperson can, as long as it is that salesperson's listing
b. Yes, as long as the salesperson is affiliated with the brokerage firm
c. No, a salesperson can never advertise listed property under his or her name
d. No, a salesperson cannot advertise - CORRECT ANSWER - c. No, a salesperson can
never advertise listed property under his or her own name
Bob Broker has obtained permission from Sonjay Broker and Ken Broker to advertise Sonjay's
and Ken's listings on his office website. Bob Broker now has an obligation to
a. obtain the seller's permission for such advertising
b. advertise Sonjay's and Ken's listings on the first page of the internet site
c. include Sonjay's and Ken's names and email addresses under the listing information
d. update the listing information at least every 72 hours - CORRECT ANSWER - d. update
the listing information at least every 72 hours
A salesperson sends out an email to all the parents in her daughter's first-grade class, informing
them that she is a real estate agent and providing them with pictures of houses that she has
currently listed. In this email, the salesperson is legally required to also include
a. the name of the real estate broker she is affiliated with
b. listing prices of the properties
c. the last date when the property information was updated
d. none of these because a simple email such as this is not considered advertising - CORRECT
ANSWER - a. the name of the real estate broker she is affiliated with
A person engaging in real estate activities for another and for a fee must hold a valid
