CONNECTICUT CHAPTER 1 EXAM
QUESTIONS AND ANSWERS
An unlicensed personal assistant working for a real estate licensee is allowed to -
ANSWER-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 -
ANSWER-Not allowed.
To secure payment of compensation for her services, a broker may place a lien on -
ANSWER-condominium unit, 4 family apartment buildings, office buildings...all of
these
A reality company has entered into agency agreements with both the seller and the
buyer. The buyer is interested in making an offer on the seller's property. Can this
occur? - ANSWER-Yes, if both the buyer and the seller give their consent to dual
agency.
A realty company has entered into agency agreements with both the seller and the
buyer. The seller and the buyer agreed to dual agency but not designed agency. A
salesperson with the same reality has been working with the buyer. Legally, the
salesperson is not allowed to do any of the following except - ANSWER-provide
comparable market data to the seller after the buyer requests and receives such
data from the REALTOR
Sal's listing agreement with the seller has terminated. The seller now enters into a
listing agreement with another bokerage firml. When sal finds a buyer interested in
the seller's property, Sal cannot - ANSWER-disclose to the buyer offers received on
the seller's property while it was listed with him.
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 - ANSWER-all other salespersons that work for Buona Vista
are dual agents, but not Angela and Boa.
A person engaging in real estate activities for another and for a fee must hold a valid
- ANSWER-broker's license
A licensed real estate salesperson must be - ANSWER-affiliated with a licensed real
estate broker
A real estate broker's license allows a broker to do all the following except -
ANSWER-appraise real estate
QUESTIONS AND ANSWERS
An unlicensed personal assistant working for a real estate licensee is allowed to -
ANSWER-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 -
ANSWER-Not allowed.
To secure payment of compensation for her services, a broker may place a lien on -
ANSWER-condominium unit, 4 family apartment buildings, office buildings...all of
these
A reality company has entered into agency agreements with both the seller and the
buyer. The buyer is interested in making an offer on the seller's property. Can this
occur? - ANSWER-Yes, if both the buyer and the seller give their consent to dual
agency.
A realty company has entered into agency agreements with both the seller and the
buyer. The seller and the buyer agreed to dual agency but not designed agency. A
salesperson with the same reality has been working with the buyer. Legally, the
salesperson is not allowed to do any of the following except - ANSWER-provide
comparable market data to the seller after the buyer requests and receives such
data from the REALTOR
Sal's listing agreement with the seller has terminated. The seller now enters into a
listing agreement with another bokerage firml. When sal finds a buyer interested in
the seller's property, Sal cannot - ANSWER-disclose to the buyer offers received on
the seller's property while it was listed with him.
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 - ANSWER-all other salespersons that work for Buona Vista
are dual agents, but not Angela and Boa.
A person engaging in real estate activities for another and for a fee must hold a valid
- ANSWER-broker's license
A licensed real estate salesperson must be - ANSWER-affiliated with a licensed real
estate broker
A real estate broker's license allows a broker to do all the following except -
ANSWER-appraise real estate
