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Exam (elaborations)

CT Real Estate State Exam Questions and Answers

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CT Real Estate State Exam Questions and Answers

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CT Real Estate
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CT Real Estate









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Institution
CT Real Estate
Course
CT Real Estate

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Uploaded on
January 15, 2025
Number of pages
6
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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CT Real Estate State Exam Questions
and Answers

You notice someone who appears to be young saying she passed her exam and just
got her Connecticut salesperson's license. What can you assume about her age? -
Correct Answers -She's at least 18.

If a licensee who isn't affiliated with a broker wishes to advertise property listed by that
broker, the licensee may not do which of the following? - Correct Answers -Change the
broker's listing information without consulting the broker

A Connecticut agent may face a _______ fine if a buyer isn't provided with the
Residential Property Condition Report. - Correct Answers -$500

Saskia, who is selling her house in Connecticut, is represented by Theo. Valerie, who is
a broker like Theo, thinks she could do a better job selling the house than Theo can. As
long as Theo is representing Saskia, what can Valerie legally do to get Saskia's
business? - Correct Answers -Valerie can't do anything to interfere with the agency
relationship between Saskia and Theo.

How long does a consumer have to file for action against the Guaranty Fund in
Connecticut? - Correct Answers -3 years

Darren has been a Connecticut real estate agent for the past 20 years. He must renew
his license every ______. - Correct Answers -Two years

A consumer in Connecticut hired a licensee who intentionally misrepresented him and
committed fraud. The consumer filed with the guaranty fund. What is the highest dollar
amount the consumer might receive in actual damages? - Correct Answers -$25,000

A Connecticut licensee is getting her real estate license for the first time. Along with the
other fees that apply, how much can she expect to pay into the Real Estate Guaranty
Fund? - Correct Answers -$20 when her license is issued

Are residents of other states eligible to apply for an Connecticut real estate license? -
Correct Answers -Yes, reciprocity is allowed for certain non-residents to apply for an
Connecticut license.

, Which of these is a recommended strategy for a Connecticut real estate professional
who wants to avoid being asked to violate fair housing laws? - Correct Answers -Let
consumers know up front that you adhere to fair housing laws.

A salesperson applicant in Connecticut was just granted a license by the Connecticut
Real Estate Commission (CREC). Which one of the following must be true? - Correct
Answers -She has successfully completed 60 hours of pre-licensing coursework.

Which of the following is the best definition of a material fact in Connecticut? - Correct
Answers -A fact about a property that might affect a customer's decision to buy it

What position does the Connecticut Uniform Electronic Transaction Act (CUETA) take
regarding electronic records in a real estate transaction, as opposed to paper records? -
Correct Answers -Electronic records are as valid as paper records as long as the
electronic records meet CUETA's requirements.

Jonah has a particular horror of suicide, so as he prepares to make an offer on Kelly's
house, he asks Kelly's agent, Leon, whether the house was ever the scene of a suicide.
Jonah's written request indicates that this information is material to his decision to
purchase. When Leon relays this request to Kelly, she refuses to respond to the
question. According to Connecticut law, what should Leon do next? - Correct Answers -
Advise Jonah in writing that Kelly refuses to disclose any information on the subject.

In which one of the following situations would a real estate license be required in
Connecticut? - Correct Answers -Using magnetic signs on your vehicle to advertise your
services as a real estate agent

A landlord in Danbury Connecticut is reviewing a tenant application for a single mother
and her young child. The landlord asks for the tenant's last pay stubs, but refuses to
consider child support as part of her income, as he claims the payments are unreliable.
This is a violation of which of the following protected classes? - Correct Answers -Lawful
source of income

A salesperson in Connecticut pays a referral fee to a broker for being referred a buyer.
The salesperson is found guilty. In addition to license suspension or revocation, what is
the maximum amount of a fine that might be imposed? - Correct Answers -$1,000

Mrs. Smith, who resides in one of the units of a four-unit building she owns, needs to
rent out one of the vacant units. In the past, she has found this process stressful and
decides this time to use an agent to represent her and handle all the applications. One
thing she knows for sure—she only wants heterosexual individuals to be considered.
Under Connecticut fair housing law, is Mrs. Smith allowed to dictate the sexual
orientation of her tenant? - Correct Answers -No. Mrs. Smith has hired an agent to
represent her, and Connecticut recognizes no fair housing exemptions if a real estate
agent is involved in the transaction.

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