and Licensing Requirements Exam
Questions and Answers 100% Pass
Why was the Real Estate Commission created? - ✔✔To protect the public
Why did CT create a Real Estate Commission? - ✔✔For administrative power and
duties, like licensure
What important federal department does the CT Real Estate Commission operate
under? - ✔✔Department of Consumer Protection
What is the purpose of the Department of Consumer Protection? - ✔✔granting licenses
"only to persons...competent to transact the business of real estate...in such a manners to
safeguard the interests of the public...and with due regard to the paramount interests of
the public"
How many commissioners are in the CT Real Estate Commission? - ✔✔8
Who appoints the commissioners of the CT Real Estate Commission? - ✔✔The
Governor
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, What can the CT Real Estate Commission REQUEST the Department of Consumer
Protection to do? - ✔✔Investigate the actions of a real estate broker or salesperson
If you are being investigated by the Department of Consumer Protection or CT Real
Estate Commission, what must you do? - ✔✔Cooperate with investigation and do not
lie to investigation or hearing
What are some powers of the CT Real Estate Commission - ✔✔- Request the
Department of Consumer Protection to investigate the actions of a real estate broker or
salesperson
- determining whether or not provisions of the license law have been violated
- determining appropriate penalties or fines
No more than a $2,000 fine can be imposed for... - ✔✔1. misrepresentation
2. obtaining a license illegally
3. a false promise of a character
4. acting as an agent for multiple people in 1 transaction and not letting the parties in
the transaction know this fact
5. pretending to represent a real estate broker without their knowledge or your own
broker
6. failing to give back money that is not yours in a timely manner
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