CT BOOK REAL ESTATE LAW EXAM
REVIEW QUESTIONS AND ANSWERS
internet advertising requirements - ANSWER-licensee name/office address, name of
broker licensee affiliated w states they are licensed in, last date property info
updated
dower rights - ANSWER-what surviving wife receives of dead spouses estate
curtesy rights - ANSWER-what surviving husband receives of dead spouses estate
homestead - ANSWER-land owned or occupied as family home, portion is protected
from debt
easement by prescription - ANSWER-easement acquired by continuous, open,
hostile use of property for period of time as prescribed by law
license - ANSWER-permission to be on property for another for a specific purpose
riparian - ANSWER-a __________ owner cannot contain/divert/destroy water on
property
joint tenancy - ANSWER-survivorship rights constitute what type of ownership
tenants in common, joint tenancy - ANSWER-ct tenants can hold ______________
or ____________ ownership
tenancy by its entirety - ANSWER-ct law does not recognize
partition - ANSWER-physical division of co owned real estate
no (has to have someones name- real person) - ANSWER-does ct allow business
orgs to own real estate?
ct common interest ownership acr - ANSWER-the ________________ regulates the
dev and operation of condos, cooperative, and all forms of real property ownership
6 months, super lien - ANSWER-association has unpaid common charge lien for
___________ (time). this is known as a __________
ct deep or town clerk where property is located - ANSWER-buyer/seller can find
presence of hunting and shooting properties at
unrepresented - ANSWER-an agent must make a written disclosure to an _______
party as to whom they represent in the transaction
blind - ANSWER-_____ ads are illegal in ct
, broker - ANSWER-full disclosure in advertising requires the name of the
get permission from other broker, 72 - ANSWER-if property is listed w another broker
the licensee must __________________. this info must be updated every ___ hours
states they are licensed in, last date site property info was updated - ANSWER-
internet ads must include licensees name and office address, broker licensee is
affiliated w and
electronic communication - ANSWER-must include licensee name, office address,
broker, state licensed in
sign real estate agency disclosure notice given to unrepresented persons -
ANSWER-unrepresented persons making an offer must
true (legal but rarely used) - ANSWER-is subagency legal in ct?
negotiable - ANSWER-the amount of broker compensation is
false - ANSWER-must compensation be split equally?
they must pay the agent - ANSWER-checks for referral fees are payable to the
broker and
7 years - ANSWER-in ct records must be retained for how long
types of listing agreements - ANSWER-1. exclusive right to sell: broker guaranteed
commission
2. exclusive agency: 1 broker but seller can sell on own
3. open listing: multiple brokers only seller broker paid
net listing - ANSWER-what type of listing agreement is illegal in ct?
net listing - ANSWER-listing where seller states their net proceeds, broker gets
anything over. seller says sell for $100,000 and it sells for 105000 you get
commission of 5000
negotiable - ANSWER-real estate commissions are ______ . not set by law
sherman antitrust act (antitrust laws) - ANSWER-the __________ prohibits price
fixing
brokers - ANSWER-the real estate broker has certain _________ lien rights
regarding commissions
protected classes in ct - ANSWER-race, religion/creed, color, national origin,
ancestry, sex, marital status, age, lawful source of income, physical mental learning
disability, sexual orientation, gender identity expression, vet status
REVIEW QUESTIONS AND ANSWERS
internet advertising requirements - ANSWER-licensee name/office address, name of
broker licensee affiliated w states they are licensed in, last date property info
updated
dower rights - ANSWER-what surviving wife receives of dead spouses estate
curtesy rights - ANSWER-what surviving husband receives of dead spouses estate
homestead - ANSWER-land owned or occupied as family home, portion is protected
from debt
easement by prescription - ANSWER-easement acquired by continuous, open,
hostile use of property for period of time as prescribed by law
license - ANSWER-permission to be on property for another for a specific purpose
riparian - ANSWER-a __________ owner cannot contain/divert/destroy water on
property
joint tenancy - ANSWER-survivorship rights constitute what type of ownership
tenants in common, joint tenancy - ANSWER-ct tenants can hold ______________
or ____________ ownership
tenancy by its entirety - ANSWER-ct law does not recognize
partition - ANSWER-physical division of co owned real estate
no (has to have someones name- real person) - ANSWER-does ct allow business
orgs to own real estate?
ct common interest ownership acr - ANSWER-the ________________ regulates the
dev and operation of condos, cooperative, and all forms of real property ownership
6 months, super lien - ANSWER-association has unpaid common charge lien for
___________ (time). this is known as a __________
ct deep or town clerk where property is located - ANSWER-buyer/seller can find
presence of hunting and shooting properties at
unrepresented - ANSWER-an agent must make a written disclosure to an _______
party as to whom they represent in the transaction
blind - ANSWER-_____ ads are illegal in ct
, broker - ANSWER-full disclosure in advertising requires the name of the
get permission from other broker, 72 - ANSWER-if property is listed w another broker
the licensee must __________________. this info must be updated every ___ hours
states they are licensed in, last date site property info was updated - ANSWER-
internet ads must include licensees name and office address, broker licensee is
affiliated w and
electronic communication - ANSWER-must include licensee name, office address,
broker, state licensed in
sign real estate agency disclosure notice given to unrepresented persons -
ANSWER-unrepresented persons making an offer must
true (legal but rarely used) - ANSWER-is subagency legal in ct?
negotiable - ANSWER-the amount of broker compensation is
false - ANSWER-must compensation be split equally?
they must pay the agent - ANSWER-checks for referral fees are payable to the
broker and
7 years - ANSWER-in ct records must be retained for how long
types of listing agreements - ANSWER-1. exclusive right to sell: broker guaranteed
commission
2. exclusive agency: 1 broker but seller can sell on own
3. open listing: multiple brokers only seller broker paid
net listing - ANSWER-what type of listing agreement is illegal in ct?
net listing - ANSWER-listing where seller states their net proceeds, broker gets
anything over. seller says sell for $100,000 and it sells for 105000 you get
commission of 5000
negotiable - ANSWER-real estate commissions are ______ . not set by law
sherman antitrust act (antitrust laws) - ANSWER-the __________ prohibits price
fixing
brokers - ANSWER-the real estate broker has certain _________ lien rights
regarding commissions
protected classes in ct - ANSWER-race, religion/creed, color, national origin,
ancestry, sex, marital status, age, lawful source of income, physical mental learning
disability, sexual orientation, gender identity expression, vet status
