Questions and Answers 100% Pass
b (seller who pays commission to broker under false pretenses) - ✔✔Who may
receive compensation from the Real Estate Guaranty Fund? *
a. A broker who does not receive an earned commission
b. A seller who pays a commission to a broker under false pretenses
c. A buyer who pays a fee to a broker under a buyer agency agreement
d. A cooperating broker who does not receive a commission split
d (grantor grantee indexes) - ✔✔Connecticut land records are indexed through *
a. Torrens system.
b. current property owners.
c. the location of the property.
d. grantor/grantee indexes.
d (8) - ✔✔The Real Estate Commission consists of how many members? *
a.5
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, b. 9
c. 6
d. 8
c (25000) - ✔✔The maximum compensation that will be paid from the Real Estate
Guaranty Fund for any single transaction is *
a. $5,000
b. $10,000
c. $25,000
d. $50,000
a (in writing to be enforceable) - ✔✔In Connecticut, buyer brokerage contracts *
a. must be in writing to be enforceable.
b. must be on specific forms.
c. are not regulated under the license law.
d. are illegal.
a (affiliated w licensed real estate broker) - ✔✔A licensed real estate salesperson
must be *
a. affiliated with a licensed real estate broker.
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