CT Unit 1 Real Estate Brokerage & Agency Quiz Questions and Answers 100% Pass

CT Unit 1 Real Estate Brokerage & Agency Quiz Questions and Answers 100% Pass A person engaging in real estate activities for another and for a fee must hold a valid a. agent's license b.. broker's license c. salesperson's license d. broker's or salesperson's license - b. broker's license Connecticut requires a person who engages in real estate activity for another and for a fee to hold a Connecticut broker's license. A salesperson cannot work directly for another but, rather can only work on behalf of a broker A licensed real estate salesperson must be 2Brittie Donald, All Rights Reserved © 2025 a. affiliated with a real estate broker b. an employee of a licensed real estate broker c. an independent contractor d. willing to enter into agency relationships with clients - a. affiliated with a real estate broker A Connecticut real estate salesperson must be affiliated with and supervised by a Connecticut real estate broker. A real estate broker's license allows a broker to do all of the following EXCEPT a. sell real estate b. resell a mobile home c. collect rent on behalf of a landlord d. appraise real estate - d. appraise real estate A real estate broker's license does not allow a person to appraise real estate 3Brittie Donald, All Rights Reserved © 2025 Under Connecticut licensing law, a limited liability company (LLC) will be granted a broker's license only if a. the LLC is owned exclusively by licensed brokers b. all owners of the LLC have either a broker or salesperson license, and a majority of the entity is owned by brokers c. the LLC passes a state exam d. Connecticut law changed; currently a legal entity cannot be licensed as a broker - b. all owners of the LLC have either a broker or salesperson license, and a majority of the entity is owned by brok