CT STATE Exam UPDATED QUESTIONS
AND CORRECT ANSWERS
B.18, two - CORRECT ANSWER (43)Connecticut requires anyone of sound mind
who prepares a will to be of what age and to have how many witnesses.
A.21, two
B.18, two
C.25, four
D.16, two
A.Exclusive right to sell, exclusive agency, open listing. - CORRECT
ANSWER Connecticut licensing laws recognizes the following lowing listing
agreements;
A.Exclusive right to sell, exclusive agency, open listing.
B.Exclusive right to sell, exclusive agency, open listing, MLS.
C.Exclusive right to sell, exclusive agency, open listing, net listing.
D.Exclusive right to sell, exclusive agency, open listing, MLS, net listing.
C.Sharon is not required to sign any agency agreement prior to viewing the property. -
CORRECT ANSWER 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 agreement.
B.Before Sharon views the property, she must sign a dual agency agreement.
C.Sharon is not required to sign any agency agreement prior to viewing the property.
D.Sharon must sign a purchase agreement prior to viewing the property.
,A. Exclusive agency right to represent buyer. - CORRECT ANSWER A buyer finds
and purchases a for sale by owner home. A broker states an entitlement to a brokerage fee.
For this to be the case, the broker would have entered into which type of buyer broker
agreement with the broker?
A. Exclusive agency right to represent buyer.
B. Open right to represent the buyer
C. Non-exclusive right to represent the buyer
D. Universal agency right to represent the buyer
D. Ask the buyer to disclose his or her confidential information - CORRECT
ANSWER A licensee can do all of the following without entering into a written buyer
agency agreement EXCEPT
A. Give the buyer information on the licensees firm
B. Provide the buyer with information on mortgage rates and lending institutions
C. Physically show the buyer in house listings
D. Ask the buyer to disclose his or her confidential information
B. If they are contemplating purchasing the property for their own account. - CORRECT
ANSWER Under Connecticut licensing laws, brokers and agents have to disclose a
present or contemplated interest in a property listed with them
A. Only when executing a buyer's broker agreement.
B. If they are contemplating purchasing the property for their own account.
C. Only when the buyer decides to make an offer.
D. In the listing agreement and in any advertisements.
C. Connecticut license laws provide that license broker may not except a listing that is based
on a net price. - CORRECT ANSWER Which statement is TRUE under Connecticut
law?
,A. Net listings are recognized as listings.
B. A broker can except a net listing if all funds over the stated brokerage fee or received as a
bonus instead of a commission.
C. Connecticut license laws provide that license broker may not except a listing that is based
on a net price.
D. Netlist things require the consent of the buyer, seller, and real estate licensee.
D. Seven years - CORRECT ANSWER Under Connecticut law, real estate brokers are
required to retain certain brokerage records such as offers and counter offers drafted by the
brokers office, contracts, leases, agency agreement and disclosure, escrow and trust account
checks, and bank statements. These records must be kept
A. Ten years
B. Indefinitely by the broker
C. Five years
D. Seven years
C. 15 years - CORRECT ANSWER The required time for acquisition of perspective
easement is
A. 10 years
B. 5 years
C. 15 years
D. 20 years
A. 15 years - CORRECT ANSWER And easement by prescription may be
extinguished if the owner takes, obtains, or regains an opening continuous control in
possession of the property for
A. 15 years
B. 23 months
, C. 10 years
D. 25 years
D. Remain as separate interests - CORRECT ANSWER A couple were married on July
4, 2007. Both individually owned a condominium prior to their marriage and their own name.
They decided to keep the condominium unit separate. Once they're married in Connecticut,
their former properties will
A. Be owned as tenancy by the entirety.
B. Be owned with survivorship.
C. Become community property.
D. Remain as separate interests.
C. Courts can never provide equitable relief. - CORRECT ANSWER And involuntary
partition action, the following statements are true EXCEPT
A. There is a physical division of the co-owned real estate.
B. Committees are appointed by the courts.
C. Courts can never provide equitable relief.
D. Partitions cannot always be fair and equitable.
B. PUDS, condominiums, cooperatives - CORRECT ANSWER The common interest
ownership act regulates common interest properties. Which best describes the properties
governed by this act?
A. REIT's, condominiums, cooperatives.
B. PUDS, condominiums, cooperatives.
C. Condominiums, cooperatives, REITS, PUDS.
D. Assisted living, condominiums, cooperatives.
AND CORRECT ANSWERS
B.18, two - CORRECT ANSWER (43)Connecticut requires anyone of sound mind
who prepares a will to be of what age and to have how many witnesses.
A.21, two
B.18, two
C.25, four
D.16, two
A.Exclusive right to sell, exclusive agency, open listing. - CORRECT
ANSWER Connecticut licensing laws recognizes the following lowing listing
agreements;
A.Exclusive right to sell, exclusive agency, open listing.
B.Exclusive right to sell, exclusive agency, open listing, MLS.
C.Exclusive right to sell, exclusive agency, open listing, net listing.
D.Exclusive right to sell, exclusive agency, open listing, MLS, net listing.
C.Sharon is not required to sign any agency agreement prior to viewing the property. -
CORRECT ANSWER 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 agreement.
B.Before Sharon views the property, she must sign a dual agency agreement.
C.Sharon is not required to sign any agency agreement prior to viewing the property.
D.Sharon must sign a purchase agreement prior to viewing the property.
,A. Exclusive agency right to represent buyer. - CORRECT ANSWER A buyer finds
and purchases a for sale by owner home. A broker states an entitlement to a brokerage fee.
For this to be the case, the broker would have entered into which type of buyer broker
agreement with the broker?
A. Exclusive agency right to represent buyer.
B. Open right to represent the buyer
C. Non-exclusive right to represent the buyer
D. Universal agency right to represent the buyer
D. Ask the buyer to disclose his or her confidential information - CORRECT
ANSWER A licensee can do all of the following without entering into a written buyer
agency agreement EXCEPT
A. Give the buyer information on the licensees firm
B. Provide the buyer with information on mortgage rates and lending institutions
C. Physically show the buyer in house listings
D. Ask the buyer to disclose his or her confidential information
B. If they are contemplating purchasing the property for their own account. - CORRECT
ANSWER Under Connecticut licensing laws, brokers and agents have to disclose a
present or contemplated interest in a property listed with them
A. Only when executing a buyer's broker agreement.
B. If they are contemplating purchasing the property for their own account.
C. Only when the buyer decides to make an offer.
D. In the listing agreement and in any advertisements.
C. Connecticut license laws provide that license broker may not except a listing that is based
on a net price. - CORRECT ANSWER Which statement is TRUE under Connecticut
law?
,A. Net listings are recognized as listings.
B. A broker can except a net listing if all funds over the stated brokerage fee or received as a
bonus instead of a commission.
C. Connecticut license laws provide that license broker may not except a listing that is based
on a net price.
D. Netlist things require the consent of the buyer, seller, and real estate licensee.
D. Seven years - CORRECT ANSWER Under Connecticut law, real estate brokers are
required to retain certain brokerage records such as offers and counter offers drafted by the
brokers office, contracts, leases, agency agreement and disclosure, escrow and trust account
checks, and bank statements. These records must be kept
A. Ten years
B. Indefinitely by the broker
C. Five years
D. Seven years
C. 15 years - CORRECT ANSWER The required time for acquisition of perspective
easement is
A. 10 years
B. 5 years
C. 15 years
D. 20 years
A. 15 years - CORRECT ANSWER And easement by prescription may be
extinguished if the owner takes, obtains, or regains an opening continuous control in
possession of the property for
A. 15 years
B. 23 months
, C. 10 years
D. 25 years
D. Remain as separate interests - CORRECT ANSWER A couple were married on July
4, 2007. Both individually owned a condominium prior to their marriage and their own name.
They decided to keep the condominium unit separate. Once they're married in Connecticut,
their former properties will
A. Be owned as tenancy by the entirety.
B. Be owned with survivorship.
C. Become community property.
D. Remain as separate interests.
C. Courts can never provide equitable relief. - CORRECT ANSWER And involuntary
partition action, the following statements are true EXCEPT
A. There is a physical division of the co-owned real estate.
B. Committees are appointed by the courts.
C. Courts can never provide equitable relief.
D. Partitions cannot always be fair and equitable.
B. PUDS, condominiums, cooperatives - CORRECT ANSWER The common interest
ownership act regulates common interest properties. Which best describes the properties
governed by this act?
A. REIT's, condominiums, cooperatives.
B. PUDS, condominiums, cooperatives.
C. Condominiums, cooperatives, REITS, PUDS.
D. Assisted living, condominiums, cooperatives.
