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Exam (elaborations)

CONNECTICUT REAL ESTATE PRACTICE AND LAW CHAPTER 10 (QUIZ) QUESTIONS WITH COMPLETE ANSWERS

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CONNECTICUT REAL ESTATE PRACTICE AND LAW CHAPTER 10 (QUIZ) QUESTIONS WITH COMPLETE ANSWERS

Institution
Connecticut Real Estate
Course
Connecticut Real Estate








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Institution
Connecticut Real Estate
Course
Connecticut Real Estate

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Uploaded on
May 3, 2025
Number of pages
3
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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CONNECTICUT REAL ESTATE
PRACTICE AND LAW CHAPTER 10
(QUIZ) QUESTIONS WITH COMPLETE
ANSWERS
A licensee represents a seller in the sale of the sellers house. The license he is
aware that the sellers husband has been murdered in the house, but the seller has
instructed the licensing not disclose this fact because she is fearful that people may
not want to buy the house with someone recently was killed. In this case the licensee
- ANSWER-Is not required to disclose the murder because it is not a material fact

A sales person regularly communicates with all of her clients and potential clients via
email. The licensing law requires that her email contains all of the following except -
ANSWER-Her license certificate number

Ben broker maintains a website that highlights all of the property listings that he has.
Then knows that the licensing law requires that he includes certain information on
this website, including the - ANSWER-Last date when the website property
information was updated

Ben wishes to include information about other property listed with another broker on
his website to do so Ben must - ANSWER-Get the permission of the other broker

Ben has entered into an agency agreement with Sally. Such an agency agreement
imposes a duty on been to - ANSWER-Make a diligent effort to sell the property

Then has entered into an agency agreement with Sally and has been marketing her
property. Several potential buyers are interested in the property and he has
appointments to show the property throughout the next week. The first buyer he
shows the property to make an immediate offer. Ben does not tell Sally about the
offer right away thinking that additional offers may come in over the next few days
and he will present them all to her at the end of the week. Ben has - ANSWER-
Violated the licensing law because he did not submit the offer received to Sally as
quickly as possible

Tom has entered into an agency agreement to sell
Sally's property. A sales person affiliated with another broker introduces a buyer to
the property, and that buyer actually purchases that. Tom would like to share some
of his commission earned from Sally with the sales person can he do so - ANSWER-
No a real estate cannot compensation another brokers salesperson directly

Tom has entered into an agency agreement to sell Sally's property Sally meets Betty
another broker at a church event . Betty tells Sally that she could do a much better
job advertising Sally's property and suggest that Sally terminate her agreement with
Tom and enter in a listing agreement with her that action amounts to - ANSWER-
Interfering with an agency relationship which violates a licensing law

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