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CT Real Estate Practice & Law Exam Questions and Answers

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CT Real Estate Practice & Law Exam Questions and Answers Ct recognizes these listing agreements - Exclusive right to sell, exclusive agency, open listing Time required for acquisition of prescription easements is - 15 years Under CT law, real estate brokers are required to retain certain brokerage records such as offers, counteroffers drafted in brokers office, contracts, leases, agency Agreements and disclosures, escrow and trust account checks and Bank statements. These records must be kept - 7 years An easement by prescription may be extinguished if the owner takes, obtains, or regains an open and continuous control and possession of the property for - 15 years The Connecticut Department of consumer protection requires that land surveyors - Be licensed by the Department of consumer protection, division of land surveyors and professional engineers 2Brittie Donald, All Rights Reserved © 2025 Resale documents must be furnished to the buyer or his or her attorney before the closing or transfer of possession. The buyers right to cancel the purchase contract is how many days after the resale documents have been hand-delivered? - 5 business days, 7 for certified mail The common interest ownership act regulates common interest properties. Which best describes the properties governed by this act? - PUD (planned unit developments) condominiums and cooperatives A couple were married on July 4, 2007. Both individually owned a condominium prior to their marriage in their own name. They decided to keep the condominium unit separate. Once they are married in Connecticut, their former properties will will - Remain separate interests Questions about boundaries in Connecticut are resolved by - The superior Court, a committee, and possibly a land surveyor Legal descriptions of property in Connecticut predominantly f

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Institution
CT Real Estate
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Uploaded on
February 2, 2025
Number of pages
23
Written in
2024/2025
Type
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CT Real Estate Practice & Law Exam
Questions and Answers

Ct recognizes these listing agreements - ✔✔Exclusive right to sell, exclusive agency,

open listing


Time required for acquisition of prescription easements is - ✔✔15 years


Under CT law, real estate brokers are required to retain certain brokerage records

such as offers, counteroffers drafted in brokers office, contracts, leases, agency

Agreements and disclosures, escrow and trust account checks and Bank statements.

These records must be kept - ✔✔7 years


An easement by prescription may be extinguished if the owner takes, obtains, or

regains an open and continuous control and possession of the property for - ✔✔15

years


The Connecticut Department of consumer protection requires that land surveyors -

✔✔Be licensed by the Department of consumer protection, division of land surveyors

and professional engineers




Brittie Donald, All Rights Reserved © 2025 1

,Resale documents must be furnished to the buyer or his or her attorney before the

closing or transfer of possession. The buyers right to cancel the purchase contract is

how many days after the resale documents have been hand-delivered? - ✔✔5

business days, 7 for certified mail


The common interest ownership act regulates common interest properties. Which

best describes the properties governed by this act? - ✔✔PUD (planned unit

developments) condominiums and cooperatives


A couple were married on July 4, 2007. Both individually owned a condominium

prior to their marriage in their own name. They decided to keep the condominium

unit separate. Once they are married in Connecticut, their former properties will will

- ✔✔Remain separate interests


Questions about boundaries in Connecticut are resolved by - ✔✔The superior Court,

a committee, and possibly a land surveyor


Legal descriptions of property in Connecticut predominantly follow the - ✔✔Metes-

and-bounds method


In cases of involuntary partition the owners are advised to - ✔✔Petition the Superior

Court for equitable relief


Sellers can obtain condominium resale disclosure documents from - ✔✔Association




Brittie Donald, All Rights Reserved © 2025 2

, If there is a physical division of co-owned real estate, committees are appointed by

the courts, partitions cannot always be fair and equitable - ✔✔Involuntary partition

action


When a unit owner request a resale certificate from the association in writing, it must

be provided within how many business days, and what kind association charge for

the resale certificate? - ✔✔10 days $125 plus 5 cents per page


Connecticut license laws provide that licensed brokers may not accept a listing that is

based on a - ✔✔Net price


Under Connecticut licensing laws, brokers and agents have to disclose a present or

contemplated interest in a property listed with them if they are - ✔✔Contemplating

purchasing the property


Sharon buyer called agent Michael to view his listing on Monroe Street. Sharon does

not have an agent. Michael provides a written agency disclosure notice to Sharon

stating that he represents the seller. - ✔✔Agency agreement not required


A buyer finds and purchases a for sale by owner home. A broker states entitlement to

a brokerage fee. For this to be the case, the buyer would have entered into which type

of buyer broker agreement with the broker? - ✔✔Exclusive agency right to represent

the buyer




Brittie Donald, All Rights Reserved © 2025 3

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