CONNECTICUT STATE EXAM
QUESTIONS WITH CORRECT
ANSWERS
A.Metes-and-bounds method. - ANSWER-Legal description of property in
Connecticut predominantly follow the
A.Metes-and-bounds method.
B. Street address.
C. Government survey system.
D. Rectangular survey.
A. Be licensed by the Department of consumer protection, division of land surveyors
and professional engineers - ANSWER-The Connecticut Department of consumer
protection requires that land surveyor's
A. Be licensed by the Department of consumer protection, division of land surveyors
and professional engineers
B. Have a brokers license
C. Been licensed and the Department of consumer protection division of surveyors
D. Do not have to be licensed but must have worked under another surveyors
license for 5 years
C. The Superior Court, a committee, and a possibly land surveyor. - ANSWER-
Questions about boundaries in Connecticut are resolved by
A.The superior court.
B. The superior court with an appointment of a committee.
C. The Superior Court, a committee, and a possibly land surveyor.
D. A committee.
D. A list of the unit owners, their payment history, and telephone numbers -
ANSWER-Connecticut common interest ownership act dictates that the legally
sufficient description of a common interest ownership unit must contain all of the
following EXCEPT
A. The recording date of the original declaration
B. The name of the common interest community
C. The identifying number of the unit
D. A list of the unit owners, their payment history, and telephone numbers
C.Local municipalities. - ANSWER-Real property taxes are ad valorem (based on
value) taxes levied by
A.The federal government
B.The state.
C.Local municipalities.
,D.The assessor.
D.Market value. - ANSWER-The state that requires value placed on a ll properties be
based on their
A.Assessed value.
B.Intrinsic value.
C.Ad valorem value.
D.Market value.
C. 5;10 - ANSWER-Connecticut state law requires towns to revalue properties every
___ years by physical observation or statistical analysis. Physical inspection is
required every ___ years.
A.10;5
B. 5;12
C. 5;10
D.7;10
A.$12,250 - ANSWER-Monica owns a property with an appraised value of $700,000.
The tax rate is 25 mills (or $25 per $1,000 of assessed value. Compute her taxes.
A.$12,250
B.$17,500
C.$14,500
D.Need more information
C.From the date of assessment - ANSWER-Taxes are a lien on the property
A.From the date of revaluation
B.Generally from October 1
C.From the date of assessment
D.Once federal taxes are unpaid for six months
D.15 - ANSWER-Connecticut statues generally hold tax liens to a ______ year
maximum. To be valid, tax liens must be recorded by the agency levying the tax
within two years from the due date
A.2
B.4
C.10
D.15
C. April 18, 2003 (Lien 3) - ANSWER-Liens have been recorded in Waterberry for a
property located on woodchuck Road. These liens are in addition to tax in municipal
liens. They were recorded in the town clerks office in this order: February 11,
2000(Lien 1), March 23, 2004 (Lien 2), April 18, 2003 (Lien 3), and May 22, 2005
(Lien 4). All liens were executed on the dates noted; however, lien three was
recorded after lien two. Which lien would have priority as third in line based on the
date of recording
, A. February 11, 2000 (Lien 1)
B. May 22, 2005 (Lien 4)
C. April 18, 2003 (Lien 3)
D. March 23, 2004 (Lien 2)
C.Based on a percentage of the selling price. - ANSWER-State conveyance taxes
and municipal conveyance taxes are
A.Based on a phase-in formula
B.Paid by the buyer
C.Based on a percentage of the selling price.
D.Based on a formula determined by each local municipality according to the sales
price.
B.$500 - ANSWER-The Connecticut Statue of frauds requires that all contacts
affecting real estate must be in writing to be enforceable. All contracts over ____
must be in writing.
A.$1,500
B.$500
C.$2,500
D.$5,000
D.Valid consideration - ANSWER-Real estate contracts must contain the basic legal
elements to be enforceable. These include legally competent parties, offer and
acceptance, legality of object, and
A.Consideration
B.A minimum of 5% down
C.Equal consideration
D.Valid consideration
B.18 - ANSWER-In Connecticut, minors are generally permitted to void their
contacts. In Connecticut, an individual may enter into a legally enforceable contract
at the age of
A.21
B.18
C.16
D.25
A.Identification - ANSWER-Listing and buyer agency contracts are bilateral
contracts. To be enforceable, agency agreements must be in writing and contain
certain minimal provisions EXCEPT
A.Identification
B.Compensation to be paid
C.Beginning and expiration dates of the contract.
D.Statment of adherence to fair housing statues.
QUESTIONS WITH CORRECT
ANSWERS
A.Metes-and-bounds method. - ANSWER-Legal description of property in
Connecticut predominantly follow the
A.Metes-and-bounds method.
B. Street address.
C. Government survey system.
D. Rectangular survey.
A. Be licensed by the Department of consumer protection, division of land surveyors
and professional engineers - ANSWER-The Connecticut Department of consumer
protection requires that land surveyor's
A. Be licensed by the Department of consumer protection, division of land surveyors
and professional engineers
B. Have a brokers license
C. Been licensed and the Department of consumer protection division of surveyors
D. Do not have to be licensed but must have worked under another surveyors
license for 5 years
C. The Superior Court, a committee, and a possibly land surveyor. - ANSWER-
Questions about boundaries in Connecticut are resolved by
A.The superior court.
B. The superior court with an appointment of a committee.
C. The Superior Court, a committee, and a possibly land surveyor.
D. A committee.
D. A list of the unit owners, their payment history, and telephone numbers -
ANSWER-Connecticut common interest ownership act dictates that the legally
sufficient description of a common interest ownership unit must contain all of the
following EXCEPT
A. The recording date of the original declaration
B. The name of the common interest community
C. The identifying number of the unit
D. A list of the unit owners, their payment history, and telephone numbers
C.Local municipalities. - ANSWER-Real property taxes are ad valorem (based on
value) taxes levied by
A.The federal government
B.The state.
C.Local municipalities.
,D.The assessor.
D.Market value. - ANSWER-The state that requires value placed on a ll properties be
based on their
A.Assessed value.
B.Intrinsic value.
C.Ad valorem value.
D.Market value.
C. 5;10 - ANSWER-Connecticut state law requires towns to revalue properties every
___ years by physical observation or statistical analysis. Physical inspection is
required every ___ years.
A.10;5
B. 5;12
C. 5;10
D.7;10
A.$12,250 - ANSWER-Monica owns a property with an appraised value of $700,000.
The tax rate is 25 mills (or $25 per $1,000 of assessed value. Compute her taxes.
A.$12,250
B.$17,500
C.$14,500
D.Need more information
C.From the date of assessment - ANSWER-Taxes are a lien on the property
A.From the date of revaluation
B.Generally from October 1
C.From the date of assessment
D.Once federal taxes are unpaid for six months
D.15 - ANSWER-Connecticut statues generally hold tax liens to a ______ year
maximum. To be valid, tax liens must be recorded by the agency levying the tax
within two years from the due date
A.2
B.4
C.10
D.15
C. April 18, 2003 (Lien 3) - ANSWER-Liens have been recorded in Waterberry for a
property located on woodchuck Road. These liens are in addition to tax in municipal
liens. They were recorded in the town clerks office in this order: February 11,
2000(Lien 1), March 23, 2004 (Lien 2), April 18, 2003 (Lien 3), and May 22, 2005
(Lien 4). All liens were executed on the dates noted; however, lien three was
recorded after lien two. Which lien would have priority as third in line based on the
date of recording
, A. February 11, 2000 (Lien 1)
B. May 22, 2005 (Lien 4)
C. April 18, 2003 (Lien 3)
D. March 23, 2004 (Lien 2)
C.Based on a percentage of the selling price. - ANSWER-State conveyance taxes
and municipal conveyance taxes are
A.Based on a phase-in formula
B.Paid by the buyer
C.Based on a percentage of the selling price.
D.Based on a formula determined by each local municipality according to the sales
price.
B.$500 - ANSWER-The Connecticut Statue of frauds requires that all contacts
affecting real estate must be in writing to be enforceable. All contracts over ____
must be in writing.
A.$1,500
B.$500
C.$2,500
D.$5,000
D.Valid consideration - ANSWER-Real estate contracts must contain the basic legal
elements to be enforceable. These include legally competent parties, offer and
acceptance, legality of object, and
A.Consideration
B.A minimum of 5% down
C.Equal consideration
D.Valid consideration
B.18 - ANSWER-In Connecticut, minors are generally permitted to void their
contacts. In Connecticut, an individual may enter into a legally enforceable contract
at the age of
A.21
B.18
C.16
D.25
A.Identification - ANSWER-Listing and buyer agency contracts are bilateral
contracts. To be enforceable, agency agreements must be in writing and contain
certain minimal provisions EXCEPT
A.Identification
B.Compensation to be paid
C.Beginning and expiration dates of the contract.
D.Statment of adherence to fair housing statues.
