CT CHAPTER 10 QUIZ SET
QUESTIONS WITH COMPLETE
SOLUTIONS
b. Irrevocable consent to suit - ANSWER-A non-resident license applicant must file
with the Commission a(n)
a. Certificate of specific performance
b. Irrevocable consent to suit
c. Copy of his or her birth certificate
d. Corpus delicti
d. Expire annually on May 31 - ANSWER-All real estate salesperson's licenses
a. Are granted in perpetuity
b. Do not need to be renewed unless previously revoked
c. Expire annually on March 31
d. Expire annually on May 31
c. 12 hours, two years - ANSWER-To maintain their licenses, real estate licenses are
required to take____ of continuing education every____.
a. 6 hours, one year
b. 12 hours, one year
c. 12 hours, two years
d. 60 hours, tow years
d. Certificate of title insurance - ANSWER-All listings in Connecticut must include all
of the following EXCEPT
a. Written confirmation
b. Date of expiration
c. Signatures of owners and brokers
d. Certificate of title insurance
a. Register the change with the Commission - ANSWER-To change broker affiliation,
a salesperson must
a. Register the change with the Commission
b. Register the change with his or her broker
c. Apply for a new license
d. Apply for a broker's license
b. Refer the couple to an attorney for legal advice - ANSWER-Kathleen accompanies
a young couple during an open house on a property listed with her agency. The
couple is so impressed with the house and Kathleen's response to their questions
that they decided to make an offer. Before the offer is presented to the principal, they
ask Kathleen's personal opinion as to whether they should require that the seller give
them a warranty deed or a quitclaim deed at the closing. Kathleen should
a. Make a decision and support it with facts
b. Refer the couple to an attorney for legal advice
c. Assure the couple that either is acceptable
, d. Admit she does not know
c. Broker can lose his or her license and be fined and imprisoned - ANSWER-If a
broker tells a lender that the sales price on a property is something above its actual
sales price, the
a. Broker had done nothing wrong as long as the appraisal substantiates this price
b. Buyer is likely to receive an interest rate break
c. Broker can lose his or her license and be fined and imprisoned
d. Buyer can receive a higher mortgage amount
d. Deposits a buyer's down payment in his own bank account - ANSWER-The
Commission has the power to revoke a salesperson's license, if the salesperson
a. Attempts to represent a real estate broker other than his employer, after obtaining
the employer's consent
b. Attempts to represent a buyer
c. Enters into an exclusive listing contract
d. Deposits a buyer's down payment in his own bank account
a. Must disclose the flooding because it is a material fact - ANSWER-A licensee
represents a seller in the sale of the seller's house. The licensee is aware that the
seller's basement periodically floods, but the seller has instructed the licensee not to
disclose this fact to the potential purchaser. In this case, the licensee
a. Must disclose the flooding because it is a material fact
b. Is not required to disclose the flooding because it is not a material fact
c. Must disclose the flooding because the licensee owes fiduciary duties to the
potential buyer
d. Cannot disclose the flooding because the licensee owes fiduciary duties to the
seller
b. Is not required to disclose the murder because it is not a material fact - ANSWER-
A licensee represents a seller in the sale of the seller's house. The licensee is aware
that the seller's husband had been murdered in the house, but the seller has
instructed the licensee not to disclose this fact because she is fearful that people
may not want to buy a house where someone recently was killed. In this case, the
licensee
a. Must disclose the murder because it is a material fact
b. Is not required to disclose the murder because it is not a material fact
c. Must disclose the murder because the licensee owes fiduciary duties to the
potential buyers
d. Cannot disclose the murder because the licensee owes fiduciary duties to the
seller
c. Her license certificate number - ANSWER-A saleswoman regularly communicates
with all of her clients and potential clients via email. The licensing law requires that
her email contain all of the following EXCEPT
a. Her name and office address
b. The name of the broker she is affiliated with
c. Her license certificate number
d. All the states where she is licensed
QUESTIONS WITH COMPLETE
SOLUTIONS
b. Irrevocable consent to suit - ANSWER-A non-resident license applicant must file
with the Commission a(n)
a. Certificate of specific performance
b. Irrevocable consent to suit
c. Copy of his or her birth certificate
d. Corpus delicti
d. Expire annually on May 31 - ANSWER-All real estate salesperson's licenses
a. Are granted in perpetuity
b. Do not need to be renewed unless previously revoked
c. Expire annually on March 31
d. Expire annually on May 31
c. 12 hours, two years - ANSWER-To maintain their licenses, real estate licenses are
required to take____ of continuing education every____.
a. 6 hours, one year
b. 12 hours, one year
c. 12 hours, two years
d. 60 hours, tow years
d. Certificate of title insurance - ANSWER-All listings in Connecticut must include all
of the following EXCEPT
a. Written confirmation
b. Date of expiration
c. Signatures of owners and brokers
d. Certificate of title insurance
a. Register the change with the Commission - ANSWER-To change broker affiliation,
a salesperson must
a. Register the change with the Commission
b. Register the change with his or her broker
c. Apply for a new license
d. Apply for a broker's license
b. Refer the couple to an attorney for legal advice - ANSWER-Kathleen accompanies
a young couple during an open house on a property listed with her agency. The
couple is so impressed with the house and Kathleen's response to their questions
that they decided to make an offer. Before the offer is presented to the principal, they
ask Kathleen's personal opinion as to whether they should require that the seller give
them a warranty deed or a quitclaim deed at the closing. Kathleen should
a. Make a decision and support it with facts
b. Refer the couple to an attorney for legal advice
c. Assure the couple that either is acceptable
, d. Admit she does not know
c. Broker can lose his or her license and be fined and imprisoned - ANSWER-If a
broker tells a lender that the sales price on a property is something above its actual
sales price, the
a. Broker had done nothing wrong as long as the appraisal substantiates this price
b. Buyer is likely to receive an interest rate break
c. Broker can lose his or her license and be fined and imprisoned
d. Buyer can receive a higher mortgage amount
d. Deposits a buyer's down payment in his own bank account - ANSWER-The
Commission has the power to revoke a salesperson's license, if the salesperson
a. Attempts to represent a real estate broker other than his employer, after obtaining
the employer's consent
b. Attempts to represent a buyer
c. Enters into an exclusive listing contract
d. Deposits a buyer's down payment in his own bank account
a. Must disclose the flooding because it is a material fact - ANSWER-A licensee
represents a seller in the sale of the seller's house. The licensee is aware that the
seller's basement periodically floods, but the seller has instructed the licensee not to
disclose this fact to the potential purchaser. In this case, the licensee
a. Must disclose the flooding because it is a material fact
b. Is not required to disclose the flooding because it is not a material fact
c. Must disclose the flooding because the licensee owes fiduciary duties to the
potential buyer
d. Cannot disclose the flooding because the licensee owes fiduciary duties to the
seller
b. Is not required to disclose the murder because it is not a material fact - ANSWER-
A licensee represents a seller in the sale of the seller's house. The licensee is aware
that the seller's husband had been murdered in the house, but the seller has
instructed the licensee not to disclose this fact because she is fearful that people
may not want to buy a house where someone recently was killed. In this case, the
licensee
a. Must disclose the murder because it is a material fact
b. Is not required to disclose the murder because it is not a material fact
c. Must disclose the murder because the licensee owes fiduciary duties to the
potential buyers
d. Cannot disclose the murder because the licensee owes fiduciary duties to the
seller
c. Her license certificate number - ANSWER-A saleswoman regularly communicates
with all of her clients and potential clients via email. The licensing law requires that
her email contain all of the following EXCEPT
a. Her name and office address
b. The name of the broker she is affiliated with
c. Her license certificate number
d. All the states where she is licensed
