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Exam (elaborations)

Ct Re Practice Exam Questions And Answers With Complete Solutions 100% Correct Rated A+ Newly Updated 2025

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CT RE PRACTICE EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS 100% CORRECT RATED A+ NEWLY UPDATED 2025

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CT RE PRACTICE EXAM QUESTIONS
AND ANSWERS WITH COMPLETE
SOLUTIONS 100% CORRECT RATED A+
NEWLY UPDATED 2025
Q1: Which types of listing agreements are recognized under Connecticut
licensing law?
a. Net listing, exclusive right to sell, and open listing
✔ b. Exclusive right to sell, exclusive agency, and open listing
c. Open listing only
d. Exclusive agency and net listing only
Explanation: Connecticut does not recognize net listings as valid due to the risk
of unethical pricing practices.


Q2: Sharon Buyer contacts Agent Michael to view a property on Monroe
Street. She has no agent. Michael gives her a written Agency Disclosure Notice
stating he represents the seller. What must Sharon do before viewing the
property?
a. Sign a dual agency disclosure
b. Enter into a buyer representation agreement
✔ c. Nothing — she is not required to sign an agency agreement
d. Sign a transaction brokerage agreement
Explanation: As an unrepresented buyer, Sharon is only required to receive
written disclosure—not sign anything unless she chooses representation.


Q3: A buyer purchases a For-Sale-By-Owner (FSBO) property. A broker
claims they are owed commission. Under which agreement would the buyer
owe this fee?

,✔ a. Exclusive agency right to represent buyer
b. Open buyer-broker agreement
c. Oral representation agreement
d. Non-exclusive referral agreement
Explanation: Under an exclusive agency agreement, the broker is owed a
commission even if the property is not listed in the MLS, including FSBOs.


Q4: A licensee may do all of the following without a written buyer agreement
EXCEPT:
a. Show listed properties
b. Provide general information about properties
✔ c. Ask the buyer to disclose confidential information
d. Give a written agency disclosure notice
Explanation: Without a formal written agreement, a licensee cannot ask for or
use confidential information.


Q5: Under Connecticut licensing law, when must a broker or agent disclose
their own interest in a property listed with them?
a. Only after an offer is accepted
b. If asked directly by the client
✔ c. If they are considering purchasing it for themselves
d. Only if the property is under $100,000
Explanation: Agents must disclose any contemplated personal purchase of their
own listing to avoid conflicts of interest.


Q6: Which of the following statements is TRUE under Connecticut law?
a. Brokers are allowed to accept net listings under strict rules
✔ b. Connecticut prohibits brokers from accepting listings based on a "net"
price
c. Net listings are legal only in commercial transactions
d. Net listings must be co-signed by the buyer and broker

, Explanation: Net listings are not permitted because they create a potential for
unethical practices by allowing brokers to keep amounts above a "net" price
promised to the seller.
Under Connecticut law, real estate brokers are required to retain certain brokerage
records such as offers and counteroffers drafted by the brokers office, contracts,
leases agency agreements, a disclosures, escrow and trust accounts, and bank
statements. The records must be kept for - ANSWER✔✔7 years


The time required for the acquisition of prescriptive easement is - ANSWER✔✔15
years


An easement by prescription may be extinguished if the owner takes, obtains, or
regains an open and continuous control and possession of the property for -
ANSWER✔✔15 years


A couple were married on July 4th, 2007. Both individually owned a condominium
prior to their marriage in their own name. They decided to keep the condominium
units separate. Once they are married in CT, their former properties will -
ANSWER✔✔Remain as separate interests


In an involuntary partition action, the following statements are true EXCEPT -
ANSWER✔✔Courts can never provide equitable relief


The Common Interest Ownership Act regulates common interest properties. Which
BEST describes the properties governed by this act? - ANSWER✔✔PUDs,
condominiums, and cooperatives


Resale documents must be furnished to the buyer or his or her attorney before the
closing or transfer of possession. The buyer's right to cancel a purchase contract is

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