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1. B.18, two (43)Connecticut requires anyone of sound mind who prepares a will to
be of what age and to have how many witnesses.
A.1,
two
B.18,
two
C.25,
four
D.16,
two
2. A.Exclusive rightConnecticut licensing laws recognizes the following lowing listing
agreements;
to sell, exclusive
agency, open list- A.Exclusive right to sell, exclusive agency, open listing.
ing. 4. A. Exclusive agency right to represent
buyer.
3. C.Sharon is
not required
to sign any
agency
agreement
prior to
viewing the
property.
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B.Exclusive right C. Sharon is not required to sign any agency agreement prior to
to sell, exclusive viewing the property.
agency, open D. Sharon must sign a purchase agreement prior to viewing the
listing, MLS. property.
C.Exclusive right
A buyer finds and purchases a for sale by owner home. A broker states
to sell, exclusive
an entitlement to a brokerage fee. For this to be the case, the broker would
agency, open
have entered into which type of buyer broker agreement with the
listing, net listing.
broker?
D.Exclusive right
to sell, exclusive
A. Exclusive agency right to represent buyer.
agency, open
B. Open right to represent the buyer
listing, MLS, net
listing.
Sharon buyer called
agent Michael to view
his house listing on
Monroe Street. Sharon
does not have an
agent. Michael
provides a written
agency disclosure
notice to Sharon stating
that he represents the
seller.
A. Before showing the
house, Michael must
have Sharon sign an
agency agree- ment.
B. Before Sharon views the
property, she must sign a
dual agency agreement.
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C. Non-exclusive right to represent the buyer
D. Universal agency right to represent the buyer
5. D. Ask the A licensee can do all of the following without entering into a written buyer agency
buy- er to agreement EXCEPT
disclose his or
her confiden- A. Give the buyer information on the licensees firm
tial B. Provide the buyer with information on mortgage rates and lending
information institutions
C. Physically show the buyer in house listings
D. Ask the buyer to disclose his or her confidential information
6. B. If they are con- Under Connecticut licensing laws, brokers and agents have to disclose
present
templating pur- or contemplated interest in a property listed with them
chasing the prop-
erty for their own A. Only when executing a buyer's broker agreement.
account. B. If they are contemplating purchasing the property for their own account
C. Only when the buyer decides to make an otter.
D. In the listing agreement and in any advertisements.
7. C. Connecticut Which statement is TRUE under Connecticut law?
li- cense laws
pro- vide that A. Net listings are recognized as listings.
license broker B. A broker can except a net listing if all funds over the stated brokerage fee o
may not received as a bonus instead of a commission.
except a
listing
that is based on a C. Connecticut license laws provide that license broker may not except
listing
net that is based on a net price.
price. D. Netlist things require the consent of the buyer, seller, and real estate
licensee.
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8. D. Seven years Under Connecticut law, real estate brokers are required to retain certa
bro-
kerage records such as otters and counter otters drafted by the
brokers oflce, contracts, leases, agency agreement and disclosure,
escrow and trust account checks, and bank statements. These
records must be kept