CT REAL ESTATE LAW SALESPERSON
QUESTIONS AND ANSWERS
a (licensed surveyor) - ANSWER-Subdivision plans in Connecticut must be drawn up
by a a. licensed surveyor.
b. local planning commission.
c. building architect.
d. licensed mechanical engineer.
c (sale of commercial property) - ANSWER-A seller is required to give a buyer a
Residential Property Condition Disclosure Report in all of the following transactions
EXCEPT *
a. when the seller is not assisted by a licensed real estate agent.
b. if the seller has not resided on the property in the last year.
c. a sale of commercial property.
d. if the buyer has lived on the property as a tenant.
b (owner has granted consent to disclose this info) - ANSWER-listing licensee
shares the following confidential information with a prospective buyer: "The property
owner is having financial problems and must sell, not only quickly, but perhaps even
below list price." According to Connecticut Real Estate License Law, under which of
the following circumstances would this be legal? *
a. The information is related to a recorded tax lien
b. The owner has granted consent to disclose this information
c. The licensee has a disclosed dual agency with the buyer and seller
d. The buyers offering price is known by the licensee to be acceptable to the owner
a (attempts to represent real estate broker other than employer) - 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 her employer.
b. attempts to represent a buyer.
c. enters into an exclusive listing contract.
d. deposits a buyer's down payment into an escrow account.
d (expire annually on may 31) - ANSWER-All real estate salespersons' licenses *
a. are granted in perpetuity.
b. do not need to be renewed unless previously revoked.
c. expire annually on April 30.
d. expire annually on May 31.
a (submit all offers to owners) - ANSWER-According to Connecticut Real Estates
License Law, a CORRECT statement about a listing agents obligation regarding
multiple, simultaneous offers on a property is that the licensee is required to *
a. submit all offers to the owners.
b. submit only the offer that is most advantageous to the owner.
c. discuss the matter and with owner and submit those the owner requests.
d. review them for contingencies and unacceptable requests for seller concessions.
QUESTIONS AND ANSWERS
a (licensed surveyor) - ANSWER-Subdivision plans in Connecticut must be drawn up
by a a. licensed surveyor.
b. local planning commission.
c. building architect.
d. licensed mechanical engineer.
c (sale of commercial property) - ANSWER-A seller is required to give a buyer a
Residential Property Condition Disclosure Report in all of the following transactions
EXCEPT *
a. when the seller is not assisted by a licensed real estate agent.
b. if the seller has not resided on the property in the last year.
c. a sale of commercial property.
d. if the buyer has lived on the property as a tenant.
b (owner has granted consent to disclose this info) - ANSWER-listing licensee
shares the following confidential information with a prospective buyer: "The property
owner is having financial problems and must sell, not only quickly, but perhaps even
below list price." According to Connecticut Real Estate License Law, under which of
the following circumstances would this be legal? *
a. The information is related to a recorded tax lien
b. The owner has granted consent to disclose this information
c. The licensee has a disclosed dual agency with the buyer and seller
d. The buyers offering price is known by the licensee to be acceptable to the owner
a (attempts to represent real estate broker other than employer) - 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 her employer.
b. attempts to represent a buyer.
c. enters into an exclusive listing contract.
d. deposits a buyer's down payment into an escrow account.
d (expire annually on may 31) - ANSWER-All real estate salespersons' licenses *
a. are granted in perpetuity.
b. do not need to be renewed unless previously revoked.
c. expire annually on April 30.
d. expire annually on May 31.
a (submit all offers to owners) - ANSWER-According to Connecticut Real Estates
License Law, a CORRECT statement about a listing agents obligation regarding
multiple, simultaneous offers on a property is that the licensee is required to *
a. submit all offers to the owners.
b. submit only the offer that is most advantageous to the owner.
c. discuss the matter and with owner and submit those the owner requests.
d. review them for contingencies and unacceptable requests for seller concessions.
