Connecticut Real Estate Practice & Law –
KGO Questions and Correct Answers |
Latest Update
Unlicensed Persons are _____________________ negotiating, listing, selling, or buying real
estate for a client or customer.
a. are allowed to take part in
b. prohibited from
b
True or False:
Any person working at a clerical capacity in a real estate brokerage office is not considered
to be engaging in the real estate business and are not required to be licensed.
True
A ______________ is defined as a person or an entity that is paid a fee to act for another
person in the purchase, sale, rental, or exchange of real estate.
broker
A________________must be affiliated with and supervised by a real estate broker, and acts
on behalf of the borker.
sales-person
When a broker works with a person but does not represent that person, then that person is
referred to as a _____________________.
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, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025
a. client
b. customer
c. principal
d. sales-person
b
The client is also referred to as the _____________________
a. broker
b. customer
c. principal
d. sales-person
c
Real estate ______________ is the legal representation relationship that a broker has with a
client.
agency
True or False
Connecticut law does not allow a broker to represent two client involved in the same
transaction.
false
Dual Agency is when the broker represents _________________.
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, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025
a. only the seller
b. only the buyer
c. both the buyer and seller
d. both the landlord and the tenant
e. none of the above
f. c & d
f
True or False:
A broker or salesperson must disclose to a customer that they do not represent them in a
transaction.
true
The broker that the salesperson is affiliated wiht is referred to as the salesperson's designated
or ______________________ broker.
sponsoring
True or False
In Connecticut, a real estate salesperson is usually considered an employee of his or her
designated broker.
False
Which of the following is an unlicensed Assistant allowed to do:
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, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025
a. show property
b. be paid based on commission
c. schedule appointments for licensees to show property
d. answer questions from customers on financing
c
Agency agreements with a seller are called:
a. buyer agency agreements
b. special agreements
c. listing agreements
c
Agency agreements with a buyer are called:
a. buyer agency agreements
b. special agreements
c. listing agreements
a
An Agency agreement is an agency contract of _________________________ in which a
broker is provided with limited power and authority to act on behalf of his or her principal.
employment
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