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CT CHAPTER 10 CT SPECIFIC REGULATIONS/LICENSE LAW EXAM QUESTIONS AND ANSWERS 100% PASS

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1Brittie Donald, All Rights Reserved © 2025 CT CHAPTER 10 CT SPECIFIC REGULATIONS/LICENSE LAW EXAM QUESTIONS AND ANSWERS 100% PASS ct real estate commission - enforces ct licensing law, is part of the department of consumer protection. Has authority to enact regulations implementing statutes -Primary duties are to issue licenses, arbitrate disputes between brokers/salespersons, investigate and prosecute complaints against licensees, form and enforce rules and regulations regarding licensing and conduct of licensees, establish rules and regs, administers real estate business, approves courses/schools for pre-licensing -Keeps records of all activities and submits annual report to governor structure of ct real estate commission - important 8 members: 3 brokers, two licensed salespersons at time of appointment, 3 members of public -3 brokers 2 agents preferred -One member from each congressional district -not more than bare majority from same political parties -appointed by governor 2Brittie Donald, All Rights Reserved © 2025 -these members are volunteers- get together 4-6 times a year members of commission - -Must be electors in the state -Are appointed by governor -Take oath to perform faithfully the prescribed duties -May be removed from office for cause by governor after being given an opportunity to be heard commission members select chairperson - chairperson of commission must be bonded in accordance w requirements of state insurance purchasing board -When voting on issues, majority of members constitute a quorum -Seats vacated thru resignation, death, removal are filled by appointees of the governor -Commission members are not paid for services but are reimbursed for necessary expenses incurred in performance of duties fees - commission collects licensing fees, all fees are deposited w state treasurer and become part of general fund (except portion of license fees payable to uconn in conjunction w operation of center for real estate and urban economic studies and onetime $20 fee assessed on new real estate licensees to fund real estate guaranty fund) approval of courses/schools - the commission evaluates/approves courses/schools that fulfill pre licensing ed reqs and continuing education reqs 3Brittie Donald, All Rights Reserved © 2025 person - individuals, partnerships, associations, limited liability companies, corporations engaging in real estate business - acting for another and for a fee, commission, other valuable consideration, hwo performs/offers/attempts to perform brokerage activities real estate broker - any person who for another and for a fee, performs, offers to perform, attempts to perform any of the following activities pertaining to real estate Lists real estate for sale Sells real estate Exchanges real estate Buys real estate rents/collects rent for use of real estate

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Institution
CT Real Estate
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Uploaded on
February 2, 2025
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Written in
2024/2025
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CT CHAPTER 10 CT SPECIFIC REGULATIONS/LICENSE
LAW EXAM QUESTIONS AND ANSWERS 100% PASS



ct real estate commission - ✔✔enforces ct licensing law, is part of the department of

consumer protection. Has authority to enact regulations implementing statutes


-Primary duties are to issue licenses, arbitrate disputes between brokers/salespersons,

investigate and prosecute complaints against licensees, form and enforce rules and

regulations regarding licensing and conduct of licensees, establish rules and regs,

administers real estate business, approves courses/schools for pre-licensing


-Keeps records of all activities and submits annual report to governor


structure of ct real estate commission - ✔✔important


8 members: 3 brokers, two licensed salespersons at time of appointment, 3 members of

public


-3 brokers 2 agents preferred


-One member from each congressional district


-not more than bare majority from same political parties


-appointed by governor




Brittie Donald, All Rights Reserved © 2025 1

,-these members are volunteers- get together 4-6 times a year


members of commission - ✔✔-Must be electors in the state


-Are appointed by governor


-Take oath to perform faithfully the prescribed duties


-May be removed from office for cause by governor after being given an opportunity to

be heard


commission members select chairperson - ✔✔chairperson of commission must be

bonded in accordance w requirements of state insurance purchasing board


-When voting on issues, majority of members constitute a quorum


-Seats vacated thru resignation, death, removal are filled by appointees of the governor


-Commission members are not paid for services but are reimbursed for necessary

expenses incurred in performance of duties


fees - ✔✔commission collects licensing fees, all fees are deposited w state treasurer and

become part of general fund (except portion of license fees payable to uconn in

conjunction w operation of center for real estate and urban economic studies and

onetime $20 fee assessed on new real estate licensees to fund real estate guaranty fund)


approval of courses/schools - ✔✔the commission evaluates/approves courses/schools

that fulfill pre licensing ed reqs and continuing education reqs



Brittie Donald, All Rights Reserved © 2025 2

, person - ✔✔individuals, partnerships, associations, limited liability companies,

corporations


engaging in real estate business - ✔✔acting for another and for a fee, commission, other

valuable consideration, hwo performs/offers/attempts to perform brokerage activities


real estate broker - ✔✔any person who for another and for a fee, performs, offers to

perform, attempts to perform any of the following activities pertaining to real estate


Lists real estate for sale


Sells real estate


Exchanges real estate


Buys real estate


rents/collects rent for use of real estate


Resells mobile home


real estate salesperson - ✔✔any person employed by real estate broker or affiliated w

real estate broker as independent contractor who performs or offers or attempts to

perform any of activities listed previously on behalf of real estate broker


exemption from licensure - ✔✔-Clerical or custodial employees of real estate broker


-Real estate owners/landlords who are not primarily in real estate business




Brittie Donald, All Rights Reserved © 2025 3

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