KGO UPDATED ACTUAL Exam Questions
and CORRECT Answers
Unlicensed Persons are _____________________ negotiating, listing, selling, or buying real
estate for a client or customer.
a. are allowed to take part in
b. prohibited from - CORRECT ANSWER -b
True or False:
Any person working at a clerical capacity in a real estate brokerage office is not considered to be
engaging in the real estate business and are not required to be licensed. - CORRECT
ANSWER - True
A ______________ is defined as a person or an entity that is paid a fee to act for another person
in the purchase, sale, rental, or exchange of real estate. - CORRECT ANSWER - broker
A________________must be affiliated with and supervised by a real estate broker, and acts on
behalf of the borker. - CORRECT ANSWER - sales-person
When a broker works with a person but does not represent that person, then that person is
referred to as a _____________________.
a. client
b. customer
c. principal
d. sales-person - CORRECT ANSWER -b
The client is also referred to as the _____________________
,a. broker
b. customer
c. principal
d. sales-person - CORRECT ANSWER -c
Real estate ______________ is the legal representation relationship that a broker has with a
client. - CORRECT ANSWER - agency
True or False
Connecticut law does not allow a broker to represent two client involved in the same transaction.
- CORRECT ANSWER - false
Dual Agency is when the broker represents _________________.
a. only the seller
b. only the buyer
c. both the buyer and seller
d. both the landlord and the tenant
e. none of the above
f. c & d - CORRECT ANSWER -f
True or False:
A broker or salesperson must disclose to a customer that they do not represent them in a
transaction. - CORRECT ANSWER - true
,The broker that the salesperson is affiliated wiht is referred to as the salesperson's designated or
______________________ broker. - CORRECT ANSWER - sponsoring
True or False
In Connecticut, a real estate salesperson is usually considered an employee of his or her
designated broker. - CORRECT ANSWER - False
Which of the following is an unlicensed Assistant allowed to do:
a. show property
b. be paid based on commission
c. schedule appointments for licensees to show property
d. answer questions from customers on financing - CORRECT ANSWER -c
Agency agreements with a seller are called:
a. buyer agency agreements
b. special agreements
c. listing agreements - CORRECT ANSWER -c
Agency agreements with a buyer are called:
a. buyer agency agreements
b. special agreements
c. listing agreements - CORRECT ANSWER -a
, An Agency agreement is an agency contract of _________________________ in which a broker
is provided with limited power and authority to act on behalf of his or her principal. - CORRECT
ANSWER - employment
True of False:
It is the duty of the party who claims existence of the agency to submit strong evidence to
support that allegation. - CORRECT ANSWER - true
True of False:
In Connecticut, a salesperson is allowed to pick which offers are presented to a client. -
CORRECT ANSWER - false
If a broker represents only one party in a transaction, then the broker is considered a:
a. dual agent
b. single agent
c. super agent
d. designated agent - CORRECT ANSWER -b
When a broker represents both the buyer and the seller in a transaction, then the broker is
considered a:
a. dual agent
b. single agent
c. super agent
d. designated agent - CORRECT ANSWER -a