100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

Connecticut Real Estate Unit 10: Real Estate License Law Exam Questions and Answers 100% Pass

Rating
-
Sold
-
Pages
15
Grade
A+
Uploaded on
02-02-2025
Written in
2024/2025

Connecticut Real Estate Unit 10: Real Estate License Law Exam Questions and Answers 100% Pass A person of entity engaging in the real estate business in CT must have - CT Real Estate License 2 Categories of License: - Broker and Salesperson (Both are Licensees) A salesperson - must be affiliated with and can only work on behalf of a broker Connecticut Real Estate Commission - Enforces CT licensing laws Main responsibilites: (1) Issue Licenses (2) Arbitrate disputes between brokers and salespersons (3) Investigate and prosecute complaints against licensees (4) Formulate and enforce rues and regulations regarding licensing and conduct of licensees 2Brittie Donald, All Rights Reserved © 2025 Structure of Real Estate Commission: - (1) 8 Members -- Five of Real Estate Business (3 Brokers and 2 Licensed Salespersons) 3 Member of the Public (2) At least one member from each congressional district (3) Not more than a bare majority from the same political party Members of Commission: (1) Must be electors in state (2) Are appointed by the governor (3) Take an oath to perform faithfully the prescribed duties (4) May be removed from office for cause by the governor after being given an opportunity to be heard Commission Members select a chairperson: - When voting on issues a majority of members constitutes a quorum Seats vacated through resignation, death, or removal are filled by appointees of the governor Commission members are not paid for their services but are reimbursed for necessary expenses incurred in the performance of their duties Real Estate Guaranty Fund - $20 Fee assessed on new real estate licensees to fund Real Estate Guaranty Fund 3Brittie Donald, All Rights Reserved © 2025 Continuing Education - Classes required for license renewal Broker - A person who performs real estate activities for a real estate customer Salesperson - Works on behalf of the broker, either as employee or independent contractor Person - A person includes individuals, partnerships, associations, limited liability companies, or corporations Engaging in real estate business - Any person acting for another for a fee, commission, or other valuable consideration, who performs or offers or attempts to perform brokerage activities. Real Estate Broker - any person or business entity i

Show more Read less
Institution
CT Real Estate
Course
CT Real Estate









Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
CT Real Estate
Course
CT Real Estate

Document information

Uploaded on
February 2, 2025
Number of pages
15
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

Connecticut Real Estate Unit 10: Real
Estate License Law Exam Questions
and Answers 100% Pass

A person of entity engaging in the real estate business in CT must have - ✔✔CT Real

Estate License


2 Categories of License: - ✔✔Broker and Salesperson (Both are Licensees)


A salesperson - ✔✔must be affiliated with and can only work on behalf of a broker


Connecticut Real Estate Commission - ✔✔Enforces CT licensing laws


Main responsibilites:


(1) Issue Licenses


(2) Arbitrate disputes between brokers and salespersons


(3) Investigate and prosecute complaints against licensees


(4) Formulate and enforce rues and regulations regarding licensing and conduct of

licensees




Brittie Donald, All Rights Reserved © 2025 1

, Structure of Real Estate Commission: - ✔✔(1) 8 Members -- Five of Real Estate

Business (3 Brokers and 2 Licensed Salespersons) 3 Member of the Public


(2) At least one member from each congressional district


(3) Not more than a bare majority from the same political party


Members of Commission:


(1) Must be electors in state


(2) Are appointed by the governor


(3) Take an oath to perform faithfully the prescribed duties


(4) May be removed from office for cause by the governor after being given an

opportunity to be heard


Commission Members select a chairperson: - ✔✔When voting on issues a majority of

members constitutes a quorum


Seats vacated through resignation, death, or removal are filled by appointees of the

governor


Commission members are not paid for their services but are reimbursed for necessary

expenses incurred in the performance of their duties


Real Estate Guaranty Fund - ✔✔$20 Fee assessed on new real estate licensees to fund

Real Estate Guaranty Fund




Brittie Donald, All Rights Reserved © 2025 2

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
BrittieDonald Howard Community College
View profile
Follow You need to be logged in order to follow users or courses
Sold
401
Member since
2 year
Number of followers
162
Documents
20443
Last sold
11 hours ago
BrittieDonald Study Solutions.

Get Help in Your Due Online and Actual Exams, Assignments with Well Researched and Up-to date Study Materials for Guaranteed Success

3.5

90 reviews

5
41
4
13
3
7
2
5
1
24

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions