100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

CT EXAM PSI SG EXAM QUESTIONS AND ANSWERS

Rating
-
Sold
-
Pages
5
Uploaded on
03-05-2025
Written in
2024/2025

CT EXAM PSI SG EXAM QUESTIONS AND ANSWERS

Institution
Connecticut Real Estate
Course
Connecticut Real Estate









Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
Connecticut Real Estate
Course
Connecticut Real Estate

Document information

Uploaded on
May 3, 2025
Number of pages
5
Written in
2024/2025
Type
Exam (elaborations)
Contains
Unknown

Subjects

Content preview

CT EXAM PSI SG EXAM QUESTIONS
AND ANSWERS
A Connecticut buyer has obtained the record certificate of title from the title
company. What else may is available to ensure the title is in good standing? -
ANSWER-Abstract of title

Eddie is an administrative assistant at a brokerage in Connecticut. One day, as he
heads out to lunch, a broker asks him to drop by a new listing and place a sign on
the lawn. Eddie hesitates and says, "I don't think I'm allowed to do that because I'm
not licensed." Is Eddie right? Why or why not? - ANSWER-

Eddie is wrong. In Connecticut, unlicensed assistants are allowed to place signs at
properties. - ANSWER-

When a Connecticut landlord learns that a tenant has abandoned a property prior to
the termination date in the lease, what must the landlord do? - ANSWER-
Immediately begin making a reasonable effort to rent the property to a new tenant.

Keegan performs clerical tasks at a brokerage in Connecticut. He doesn't have a real
estate license. One day, he finds an unexpected direct deposit in his account, and
he's told that he's being paid some of the commission on a recent sale because he
did so much hard work in support of the broker. Is this allowed? Why or why not? -
ANSWER-It's not allowed. Unlicensed assistants may not be paid on the basis of
commission.

Which one of the following statements concerning Connecticut property condition
disclosure laws is true? - ANSWER-A property condition report is required for all
single-family and one- to four-unit dwellings.

Which of the following is an example of a protected class in Connecticut? -
ANSWER-Gender identity

A seller must disclose any knowledge of the presence of lead-based paint if the
Connecticut home was built prior to ____. - ANSWER-1978

What is the final step in the Connecticut summary process (eviction)? - ANSWER-
The execution of the judgment

A Connecticut builder is selling a newly constructed property. What are the seller's
disclosure obligations related to this sale? - ANSWER-Builders are not required to
provide any disclosures for new construction.

The owner of Barbara's listing has revealed to her that the property was once a drug
stash house, and about five years ago, a number of arrests there led to felony
convictions. Under Connecticut law, does Barbara have to disclose her knowledge to
potential buyers? Why or why not? - ANSWER-No. A felony committed on a property
isn't considered to be a material fact under Connecticut law.

, Blaire, a real estate broker in Connecticut, has been cooperating with Cal, a broker
in Rhode Island, on a home sale. Cal isn't licensed in Connecticut. However, he
thinks he deserves a portion of Blaire's commission when the sale closes. Will this
be possible? Why or why not? - ANSWER-No. Cal isn't licensed in Connecticut, so
Blaire can't share her commission with him.

Glynis, an unlicensed assistant at a brokerage in Connecticut, stays late at work to
finish writing some ad copy. She's the last person in the office, but just before she
leaves, she finishes the ad and posts it online. Is there a problem here, and if so,
what is it? - ANSWER-Glynis should have had a licensee review her ad before she
posted it.

What do Connecticut state laws and regulations state is an acceptable rate at which
commissions should be paid? - ANSWER-State laws and regulations do not specify
any particular commission rate.



How can a prescriptive easement be terminated in Connecticut? - ANSWER-
Abandonment

If a licensee who isn't affiliated with a broker wishes to advertise property listed by
that broker, the licensee may not do which of the following? - ANSWER-Change the
broker's listing information without consulting the broker

In Connecticut, a listing broker has a duty to present all offers to the seller without
changing or leaving out significant details. This is most in keeping with which
fiduciary duty? - ANSWER-Disclosure

How much time must a notice to quit provide the tenant to vacate the residence in
Connecticut? - ANSWER-Three full days

Which of the following is the Connecticut Real Estate Commission empowered to
do? - ANSWER-Investigate complaints against licensees.

Jonah has a particular horror of suicide, so as he prepares to make an offer on
Kelly's house, he asks Kelly's agent, Leon, whether the house was ever the scene of
a suicide. Jonah's written request indicates that this information is material to his
decision to purchase. When Leon relays this request to Kelly, she refuses to respond
to the question. According to Connecticut law, what should Leon do next? -
ANSWER-Advise Jonah in writing that Kelly refuses to disclose any information on
the subject.

In Connecticut, what kind of activity can a licensee engage in with an
inactive/suspended license? - ANSWER-No activity

In Connecticut, which of the following acts does NOT constitute interference with
another licensee's agency relationship? - ANSWER-Offering to represent a seller
who has a verbal agreement to be represented by another licensee

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
biggdreamer Havard School
View profile
Follow You need to be logged in order to follow users or courses
Sold
248
Member since
2 year
Number of followers
68
Documents
17956
Last sold
6 days ago

4.0

38 reviews

5
22
4
4
3
6
2
2
1
4

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions