REVIEW QUESTIONS AND
ANSWERS 100% PASS
protects general public (sets regulations for people involved in real estate business) -
✔✔what is the purpose of the licensing law?
broker and salesperson - ✔✔what are the two categories of licensure?
agency - ✔✔____ is the legal representational relationship that a broker has with a
client?
broker vs salesperson - ✔✔broker paid fee to act for someone in
purchase/sale/rental/exchange of real estate, salesperson acts on behalf of broker
dual agent/agency - ✔✔a broker representing two clients involved in the same
transaction?
designated agency, written informed consent - ✔✔if the broker specifically
designates one salesperson to specifically represent only the other client, this
becomes ______. this requires both parties to give
Brittie Donald, All Rights Reserved © 2025 1
, ct real estate commission, ct dept of consumer protection - ✔✔licenses are obtained
thru the ________which is part of the _______
at least one (51% ownership) - ✔✔if more than one party owns the real estate entity
_________ must be a licensed broker
independent contractor agreement - ✔✔agents should sign a ________________ with
their employing broker
unlicensed personell - ✔✔_____________ are not allowed to perform real estate
brokerage tasks
true ( only w some states) - ✔✔ct does not have a blanket reciprocal relationship with
other states
ageny - ✔✔______________ is the legal representational relationship between a
broker and client
customer - ✔✔working w a person with whom you have no written agreement makes
that person a __________
written - ✔✔brokers are required to have ________ agency agreements
fiduciary - ✔✔an agent owes ________ duties to a client
forever - ✔✔confidential info must be kept confidential for _________
Brittie Donald, All Rights Reserved © 2025 2