CH1 - CT REAL ESTATE PRACTICE &
LAW EXAM QUESTIONS AND
ANSWERS
Buona Vista Realty has entered into agency agreements with both the seller and the
buyer. Angela, a salesperson with Buona Vista, has been designated to represent
the seller, and Bao, another salesperson, has been designated to represent the
buyer. In this situation
a. Angela and Bao are dual agents.
b. all the other salespersons that work for Buona Vista are dual agents, but not
Angela and Bao.
c. Buona Vista Realty has violated the licensing laws.
d. Angela and Bao may reveal confidential information about their clients to each
other. - ANSWER-b. all the other salespersons that work for Buona Vista are dual
An unlicensed personal assistant working for a real estate licensee is allowed to
a. host an open house.
b. answer the phone and discuss questions about the licensee's listings.
c. write and prepare promotional material.
d. show property listed with the licensee. - ANSWER-c. write and prepare
promotional material.
A real estate broker has been working with buyers. After the broker helps them
negotiate for their home, the buyers ask whether the broker can help them obtain a
mortgage. A bank offers to pay the broker a fee for referring purchasers. This is
a. not allowed.
b. allowed if the seller and the broker have entered into a written buyer agency
agreement.
c. allowed if the broker discloses the referral fee to the buyers.
d. allowed if the bank offers the best interest rates and terms available in the market.
- ANSWER-a. not allowed.
To secure payment of compensation for her services, a broker may place a lien on
a. a condominium unit.
b. a four-family apartment building.
b. an office building.
c. all of these. - ANSWER-c. all of these.
When can a real estate licensee reveal confidential information about a client? -
ANSWER-Never
A broker entered into a listing agreement with the seller. Through the multiple listing
service, a broker from a different office had been working with the buyer, who is
LAW EXAM QUESTIONS AND
ANSWERS
Buona Vista Realty has entered into agency agreements with both the seller and the
buyer. Angela, a salesperson with Buona Vista, has been designated to represent
the seller, and Bao, another salesperson, has been designated to represent the
buyer. In this situation
a. Angela and Bao are dual agents.
b. all the other salespersons that work for Buona Vista are dual agents, but not
Angela and Bao.
c. Buona Vista Realty has violated the licensing laws.
d. Angela and Bao may reveal confidential information about their clients to each
other. - ANSWER-b. all the other salespersons that work for Buona Vista are dual
An unlicensed personal assistant working for a real estate licensee is allowed to
a. host an open house.
b. answer the phone and discuss questions about the licensee's listings.
c. write and prepare promotional material.
d. show property listed with the licensee. - ANSWER-c. write and prepare
promotional material.
A real estate broker has been working with buyers. After the broker helps them
negotiate for their home, the buyers ask whether the broker can help them obtain a
mortgage. A bank offers to pay the broker a fee for referring purchasers. This is
a. not allowed.
b. allowed if the seller and the broker have entered into a written buyer agency
agreement.
c. allowed if the broker discloses the referral fee to the buyers.
d. allowed if the bank offers the best interest rates and terms available in the market.
- ANSWER-a. not allowed.
To secure payment of compensation for her services, a broker may place a lien on
a. a condominium unit.
b. a four-family apartment building.
b. an office building.
c. all of these. - ANSWER-c. all of these.
When can a real estate licensee reveal confidential information about a client? -
ANSWER-Never
A broker entered into a listing agreement with the seller. Through the multiple listing
service, a broker from a different office had been working with the buyer, who is
