CT PORTION EXAM QUESTIONS AND
ANSWERS
Connecticut Housing Finance Authority (CHFA) offers loans providing - ANSWER-
below market interest rates
CT statues generally hold tax liens to a ____ year maximum. To be valid, tax liens
must be recorded by the agency levying the tax within two years from the due date -
ANSWER-15
CT law requires town to revalue properties every____ years by physical observation
or stat analysis. Physical observation is required every____ years. - ANSWER-5,10
Real property taxes are Ad Valorem taxes levied by - ANSWER-local municipalities
Questions about boundaries in CT are resolved by the - ANSWER-Superior court, a
committee, or possibly a land surveyor
In cases of involuntary partition, the owners are advised to - ANSWER-Petition the
Superior court for equitable relief
One time payment to the guarantee fund - ANSWER-$20
Sellers can obtain condo resale disclosure documents from? - ANSWER-the
association
Resale documents must be furnished to the buyer or their attorney before closing or
transfer of possession. the buyers right to cancel a purchase contract is how many
days after resale documents have been hand-delivered? - ANSWER-5 business
days
In CT, Dower and Curtesy are - ANSWER-not recognized
If a husband in CT dies his wife is entitled to - ANSWER-an election to take a life
estate equal to 1/3rd of the property owned by husband at the time of his death
Maximum fee charged for condo resale document is - ANSWER-$125 plus printing
costs
What types of properties are governed by the Common Interest Ownership Act? -
ANSWER-Condos, Co-Ops, Planned communitites
Types of documents required to be recorded in the land records - ANSWER-all
affecting the title to real property
time required for acquisition of prescriptive easement - ANSWER-15 years
ANSWERS
Connecticut Housing Finance Authority (CHFA) offers loans providing - ANSWER-
below market interest rates
CT statues generally hold tax liens to a ____ year maximum. To be valid, tax liens
must be recorded by the agency levying the tax within two years from the due date -
ANSWER-15
CT law requires town to revalue properties every____ years by physical observation
or stat analysis. Physical observation is required every____ years. - ANSWER-5,10
Real property taxes are Ad Valorem taxes levied by - ANSWER-local municipalities
Questions about boundaries in CT are resolved by the - ANSWER-Superior court, a
committee, or possibly a land surveyor
In cases of involuntary partition, the owners are advised to - ANSWER-Petition the
Superior court for equitable relief
One time payment to the guarantee fund - ANSWER-$20
Sellers can obtain condo resale disclosure documents from? - ANSWER-the
association
Resale documents must be furnished to the buyer or their attorney before closing or
transfer of possession. the buyers right to cancel a purchase contract is how many
days after resale documents have been hand-delivered? - ANSWER-5 business
days
In CT, Dower and Curtesy are - ANSWER-not recognized
If a husband in CT dies his wife is entitled to - ANSWER-an election to take a life
estate equal to 1/3rd of the property owned by husband at the time of his death
Maximum fee charged for condo resale document is - ANSWER-$125 plus printing
costs
What types of properties are governed by the Common Interest Ownership Act? -
ANSWER-Condos, Co-Ops, Planned communitites
Types of documents required to be recorded in the land records - ANSWER-all
affecting the title to real property
time required for acquisition of prescriptive easement - ANSWER-15 years
