Connecticut Real Estate License Exam
Questions and Correct Answers
brokerage - ✔✔the business of bringing people together in a real estate
transaction
broker - ✔✔a person or company licensed to buy, sell, exchange, or lease real
property for others and to charge a fee for these services
real estate salesperson - ✔✔employed by or associated with the broker to
perform brokerage activities on behalf of or for the broker
real estate licensee - ✔✔a person who has satisfied the requirements of a
licensing agency, as authorized by state legislation
appraisal - ✔✔the process of developing an opinion of a property's market
value, based on established methods and the appraisers professional judgment
appraiser - ✔✔must have detailed knowledge of the methods of valuation
property manager - ✔✔a person or company hired to maintain and manage
property on behalf of the property owner
financing - ✔✔the business of providing the funds that make real estate sales
transactions possible
Page 1 of 16
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER:
619652435. TERMS OF USE. PRIVACY STATEMENT
,subdivision - ✔✔the dividing of a single property into smaller parcels
development - ✔✔involved preparation of a site and construction of structures
or other improvements
home inspection - ✔✔a profession that combines a practitioner's interest in real
estate with skills and training in the construction trades
home inspector - ✔✔conducts a thorough visual survey of a property's
structure, systems, and site conditions and prepares an analytical report that is
valuable to both purchasers and homeowners
caveat emptor - ✔✔buyer beware
real estate counselor - ✔✔furnish clients with the information needed to make
informed decisions, must have a high degree of industry expense
categories of real property - ✔✔residential, commercial, mixed-use, industrial,
agricultural, special purpose
residential - ✔✔all property used for single-family or multifamily housing,
whether in urban, suburban, or rural areas
commercial - ✔✔business property, including office space, shopping centers,
stores, theaters, hotels, and parking facilities
Page 2 of 16
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER:
619652435. TERMS OF USE. PRIVACY STATEMENT
, mixed-use - ✔✔property that allows for two or more commercial and
residential uses in the same building
industrial - ✔✔warehouses, factories, land in industrial districts, and power
plants
agricultural - ✔✔farms, timberland, raches, and orchards
special purpose - ✔✔privately owned properties, such as places of worship,
schools, and cemeteries, as well as publicly held properties, such as schools,
municipal service, buildings and parks
single-family detached house - ✔✔one of the most popular, take the form of the
row house that may share a wall with an adjoining property, could have one or
more separate living units on each floor, offering the possibility of an owner-
occupied building that also provides rental income
apartment complex - ✔✔made up of a group of apartment buildings with a
varying number of units in each building
apartment building - ✔✔may be lowrise or highrise
condominimum - ✔✔offering the security of owning property without the care
and maintenance responsibilities a house demands
Page 3 of 16
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER:
619652435. TERMS OF USE. PRIVACY STATEMENT
Questions and Correct Answers
brokerage - ✔✔the business of bringing people together in a real estate
transaction
broker - ✔✔a person or company licensed to buy, sell, exchange, or lease real
property for others and to charge a fee for these services
real estate salesperson - ✔✔employed by or associated with the broker to
perform brokerage activities on behalf of or for the broker
real estate licensee - ✔✔a person who has satisfied the requirements of a
licensing agency, as authorized by state legislation
appraisal - ✔✔the process of developing an opinion of a property's market
value, based on established methods and the appraisers professional judgment
appraiser - ✔✔must have detailed knowledge of the methods of valuation
property manager - ✔✔a person or company hired to maintain and manage
property on behalf of the property owner
financing - ✔✔the business of providing the funds that make real estate sales
transactions possible
Page 1 of 16
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER:
619652435. TERMS OF USE. PRIVACY STATEMENT
,subdivision - ✔✔the dividing of a single property into smaller parcels
development - ✔✔involved preparation of a site and construction of structures
or other improvements
home inspection - ✔✔a profession that combines a practitioner's interest in real
estate with skills and training in the construction trades
home inspector - ✔✔conducts a thorough visual survey of a property's
structure, systems, and site conditions and prepares an analytical report that is
valuable to both purchasers and homeowners
caveat emptor - ✔✔buyer beware
real estate counselor - ✔✔furnish clients with the information needed to make
informed decisions, must have a high degree of industry expense
categories of real property - ✔✔residential, commercial, mixed-use, industrial,
agricultural, special purpose
residential - ✔✔all property used for single-family or multifamily housing,
whether in urban, suburban, or rural areas
commercial - ✔✔business property, including office space, shopping centers,
stores, theaters, hotels, and parking facilities
Page 2 of 16
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER:
619652435. TERMS OF USE. PRIVACY STATEMENT
, mixed-use - ✔✔property that allows for two or more commercial and
residential uses in the same building
industrial - ✔✔warehouses, factories, land in industrial districts, and power
plants
agricultural - ✔✔farms, timberland, raches, and orchards
special purpose - ✔✔privately owned properties, such as places of worship,
schools, and cemeteries, as well as publicly held properties, such as schools,
municipal service, buildings and parks
single-family detached house - ✔✔one of the most popular, take the form of the
row house that may share a wall with an adjoining property, could have one or
more separate living units on each floor, offering the possibility of an owner-
occupied building that also provides rental income
apartment complex - ✔✔made up of a group of apartment buildings with a
varying number of units in each building
apartment building - ✔✔may be lowrise or highrise
condominimum - ✔✔offering the security of owning property without the care
and maintenance responsibilities a house demands
Page 3 of 16
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER:
619652435. TERMS OF USE. PRIVACY STATEMENT
