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Connecticut Real Estate Salesperson Exam (2
Sets) | Latest Verified Questions and Detailed
Answers
OVERVIEW DESCRIPTION:
These comprehensive sets are meticulously designed for the Connecticut Real Estate Salesperson
Exam, featuring a combined total of 120 multiple-choice questions. Each set is containing an 80-
question National Section covering essential topics like agency, contracts, financing, and
property ownership, alongside a 30-question Connecticut State Section focusing on local license
laws, regulations, and specific practices. Designed to reinforce key concepts, every question
includes the correct answer and a concise, one-to-two-sentence expert rationale.
Set 1
National Section (80 Questions)
QUESTION 1
Which legal doctrine requires that all contracts for the transfer of real property be in
writing to be enforceable?
A. The Law of Agency
B. The Statute of Limitations
C. The Doctrine of Laches
D. The Statute of Frauds
CORRECT ANSWER: D
EXPERT RATIONALE: The Statute of Frauds requires real estate contracts, including
purchase agreements and leases exceeding one year, to be in writing to be legally
enforceable.
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QUESTION 2
A broker continues to show properties to a buyer even after their representation
agreement has expired, offering advice and contacting lenders on their behalf. What
type of agency has likely been created?
A. Express Agency
B. Implied Agency
C. Designated Agency
D. Dual Agency
CORRECT ANSWER: B
EXPERT RATIONALE: An implied agency is created by the conduct of the parties, even
without a written agreement, and can lead to unintended fiduciary responsibilities.
QUESTION 3
A salesperson's license is held by and their compensation is paid through:
A. The local association of REALTORS®
B. The state real estate commission
C. Their sponsoring broker
D. The seller client directly
CORRECT ANSWER: C
EXPERT RATIONALE: A salesperson is always affiliated with and supervised by a licensed
real estate broker, who is responsible for all transactions and must pay any commissions
through the brokerage.
QUESTION 4
What is the primary difference between a lien and an encroachment?
A. A lien is a violation of zoning, while an encroachment is a trespass.
B. A lien is a monetary claim against property, while an encroachment is a physical
intrusion onto another's land.
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C. An encroachment is a monetary claim, while a lien is a physical structure.
D. There is no difference; both are encumbrances.
CORRECT ANSWER: B
EXPERT RATIONALE: A lien is a financial encumbrance (like a mortgage), while an
encroachment is a physical encumbrance where an improvement illegally intrudes on
another's property.
QUESTION 5
If a buyer fails to perform under a purchase agreement, the liquidated damages clause
typically allows the seller to:
A. Sue the broker for the commission
B. Force the buyer to purchase the property
C. Cancel the contract and retain the earnest money deposit
D. List the property only after returning the deposit
CORRECT ANSWER: C
EXPERT RATIONALE: Liquidated damages are a predetermined amount of money
(usually the earnest money deposit) that the seller can keep as compensation if the
buyer defaults, rather than suing for actual damages.
QUESTION 6
A property is currently valued at $500,000. It is assessed for local property taxes at 70%
of its market value. If the mill rate is 25 mills, what are the annual property taxes?
A. $3,500
B. $8,750
C. $12,500
D. $35,000
CORRECT ANSWER: B
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EXPERT RATIONALE: First, find the assessed value: $500,000 * 0.70 = $350,000. A mill is
$1 per $1,000 of assessed value, so 25 mills = $25 per $1,000. Calculate taxes: ($350,000
/ 1,000) * $25 = 350 * $25 = $8,750.
QUESTION 7
A real estate agent's duty to safeguard and account for client funds placed in their care
is known as the duty of:
A. Loyalty
B. Disclosure
C. Accounting
D. Reasonable care
CORRECT ANSWER: C
EXPERT RATIONALE: The duty of accounting requires the agent to properly handle all
funds received on behalf of a client, ensuring they are deposited in the correct trust
accounts and accurately documented.
QUESTION 8
Which of the following is an example of legal, but unethical, steering?
A. Telling a buyer about high property taxes.
B. Advising a buyer about the quality of local schools.
C. Directing a family with children away from a building known for elderly residents.
D. Showing a buyer all available properties that meet their search criteria.
CORRECT ANSWER: C
EXPERT RATIONALE: Steering, which is directing homebuyers towards or away from
certain neighborhoods based on race, religion, or familial status, is illegal. The scenario
of directing a family away from a building based on the presence of elderly residents is a
form of discrimination.
Connecticut Real Estate Salesperson Exam (2
Sets) | Latest Verified Questions and Detailed
Answers
OVERVIEW DESCRIPTION:
These comprehensive sets are meticulously designed for the Connecticut Real Estate Salesperson
Exam, featuring a combined total of 120 multiple-choice questions. Each set is containing an 80-
question National Section covering essential topics like agency, contracts, financing, and
property ownership, alongside a 30-question Connecticut State Section focusing on local license
laws, regulations, and specific practices. Designed to reinforce key concepts, every question
includes the correct answer and a concise, one-to-two-sentence expert rationale.
Set 1
National Section (80 Questions)
QUESTION 1
Which legal doctrine requires that all contracts for the transfer of real property be in
writing to be enforceable?
A. The Law of Agency
B. The Statute of Limitations
C. The Doctrine of Laches
D. The Statute of Frauds
CORRECT ANSWER: D
EXPERT RATIONALE: The Statute of Frauds requires real estate contracts, including
purchase agreements and leases exceeding one year, to be in writing to be legally
enforceable.
,2|Page
QUESTION 2
A broker continues to show properties to a buyer even after their representation
agreement has expired, offering advice and contacting lenders on their behalf. What
type of agency has likely been created?
A. Express Agency
B. Implied Agency
C. Designated Agency
D. Dual Agency
CORRECT ANSWER: B
EXPERT RATIONALE: An implied agency is created by the conduct of the parties, even
without a written agreement, and can lead to unintended fiduciary responsibilities.
QUESTION 3
A salesperson's license is held by and their compensation is paid through:
A. The local association of REALTORS®
B. The state real estate commission
C. Their sponsoring broker
D. The seller client directly
CORRECT ANSWER: C
EXPERT RATIONALE: A salesperson is always affiliated with and supervised by a licensed
real estate broker, who is responsible for all transactions and must pay any commissions
through the brokerage.
QUESTION 4
What is the primary difference between a lien and an encroachment?
A. A lien is a violation of zoning, while an encroachment is a trespass.
B. A lien is a monetary claim against property, while an encroachment is a physical
intrusion onto another's land.
,3|Page
C. An encroachment is a monetary claim, while a lien is a physical structure.
D. There is no difference; both are encumbrances.
CORRECT ANSWER: B
EXPERT RATIONALE: A lien is a financial encumbrance (like a mortgage), while an
encroachment is a physical encumbrance where an improvement illegally intrudes on
another's property.
QUESTION 5
If a buyer fails to perform under a purchase agreement, the liquidated damages clause
typically allows the seller to:
A. Sue the broker for the commission
B. Force the buyer to purchase the property
C. Cancel the contract and retain the earnest money deposit
D. List the property only after returning the deposit
CORRECT ANSWER: C
EXPERT RATIONALE: Liquidated damages are a predetermined amount of money
(usually the earnest money deposit) that the seller can keep as compensation if the
buyer defaults, rather than suing for actual damages.
QUESTION 6
A property is currently valued at $500,000. It is assessed for local property taxes at 70%
of its market value. If the mill rate is 25 mills, what are the annual property taxes?
A. $3,500
B. $8,750
C. $12,500
D. $35,000
CORRECT ANSWER: B
, 4|Page
EXPERT RATIONALE: First, find the assessed value: $500,000 * 0.70 = $350,000. A mill is
$1 per $1,000 of assessed value, so 25 mills = $25 per $1,000. Calculate taxes: ($350,000
/ 1,000) * $25 = 350 * $25 = $8,750.
QUESTION 7
A real estate agent's duty to safeguard and account for client funds placed in their care
is known as the duty of:
A. Loyalty
B. Disclosure
C. Accounting
D. Reasonable care
CORRECT ANSWER: C
EXPERT RATIONALE: The duty of accounting requires the agent to properly handle all
funds received on behalf of a client, ensuring they are deposited in the correct trust
accounts and accurately documented.
QUESTION 8
Which of the following is an example of legal, but unethical, steering?
A. Telling a buyer about high property taxes.
B. Advising a buyer about the quality of local schools.
C. Directing a family with children away from a building known for elderly residents.
D. Showing a buyer all available properties that meet their search criteria.
CORRECT ANSWER: C
EXPERT RATIONALE: Steering, which is directing homebuyers towards or away from
certain neighborhoods based on race, religion, or familial status, is illegal. The scenario
of directing a family away from a building based on the presence of elderly residents is a
form of discrimination.
