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Exam (elaborations)

Real Estate Exam Test Review Questions and Answers 100% Pass

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Real Estate Exam Test Review Questions and Answers 100% Pass The provisions of the Americans with disabilities Act (ADA) most likely apply to - places of public accommodation In CT, once both parties have signed, how many days does a broker have to deposit the good faith monies into escrow - 3 banking days In the event one party to a real estate sales contract wants to back out, the other party may force the reluctant party to honor the terms of the contract through legal process known as A. Liquidated damages B. Hypothercation C. Specific Performance D. Suit to quiet title - C. Specific Perfomance 2Brittie Donald, All Rights Reserved © 2025 A licensed real estate broker who engages the services of a licensed salesperson on the basis that the broker can direct what the salesperson can do but not how it is done has - Engaged an independent contractor In the event the CT RE Commission authorizes a payout from the guaranty fund on behalf of a licensee which of the following is CORRECT The commission will direct all of the licensees renewal fees to the fund The licensee's license will be suspended pending a hearing The commission will hold the licensee's broker responsible for the amount paid the licensee's license will be revoked automatically - the licensee's license will be revoked automatically All of the following are necessary to a valid deed EXCEPT Recital of consideration 3Brittie Donald, All Rights Reserved © 2025 Delivery Words of conveyance Grantees signature - Grantees signature An owner had a grease fire and it spread to the ceiling. The kitchen was remodeled and the charred ceiling joists were sealed and painted. When the seller sells the property, the hidden charred ceiling joists should be disclosed as: - Caveat Emptor Relationship between property mortgage and promissory note is that the mortgage - Mortgage creates a property lien as security for the note, which gives the details of both the amount of hte debt and terms of repayment Which of the following provides monetary compe

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Institution
CT Real Estate
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CT Real Estate

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Uploaded on
February 2, 2025
Number of pages
56
Written in
2024/2025
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Real Estate Exam Test Review
Questions and Answers 100% Pass

The provisions of the Americans with disabilities Act (ADA) most likely apply to -

✔✔places of public accommodation


In CT, once both parties have signed, how many days does a broker have to deposit

the good faith monies into escrow - ✔✔3 banking days


In the event one party to a real estate sales contract wants to back out, the other party

may force the reluctant party to honor the terms of the contract through legal process

known as




A. Liquidated damages


B. Hypothercation


C. Specific Performance


D. Suit to quiet title - ✔✔C. Specific Perfomance




Brittie Donald, All Rights Reserved © 2025 1

,A licensed real estate broker who engages the services of a licensed salesperson on

the basis that the broker can direct what the salesperson can do but not how it is

done has - ✔✔Engaged an independent contractor


In the event the CT RE Commission authorizes a payout from the guaranty fund on

behalf of a licensee which of the following is CORRECT




The commission will direct all of the licensees renewal fees to the fund




The licensee's license will be suspended pending a hearing




The commission will hold the licensee's broker responsible for the amount paid




the licensee's license will be revoked automatically - ✔✔the licensee's license will be

revoked automatically


All of the following are necessary to a valid deed EXCEPT




Recital of consideration




Brittie Donald, All Rights Reserved © 2025 2

,Delivery




Words of conveyance




Grantees signature - ✔✔Grantees signature


An owner had a grease fire and it spread to the ceiling. The kitchen was remodeled

and the charred ceiling joists were sealed and painted. When the seller sells the

property, the hidden charred ceiling joists should be disclosed as: - ✔✔Caveat

Emptor


Relationship between property mortgage and promissory note is that the mortgage -

✔✔Mortgage creates a property lien as security for the note, which gives the details

of both the amount of hte debt and terms of repayment


Which of the following provides monetary compensation to an owner in the event

that the owners property is taken to build a new freeway


A. Police Power


B. Taxation


C. Escheat


D. Condemnation - ✔✔D. Condemnation




Brittie Donald, All Rights Reserved © 2025 3

, a buyer who recieves a fee simple interest in an apartment unit and an undivided

interest in the common areas held as tenants in common with the other units has

purchased a.




Townhouse


Co-op


Condo


Timeshare - ✔✔Condo


The CT Real Estate Commission shall take which of the following actions upon

being notified in writing by a consumer that the licensee has committed a licensee

law violation - ✔✔Provide an opportunity for a hearing on the matter


The illegal practice of redlining is most likely to be committed by which of the

following professionals during the course of a real estate transaction - ✔✔Lenders


Engaging in Real estate appraisal is defined as the act or process of - ✔✔Estimating

the value of real estate for a fee


Equal Credit Opportunity Act prohibits discrimination on - ✔✔Race


Color


religion




Brittie Donald, All Rights Reserved © 2025 4

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