Study guides, Class notes & Summaries

CT Real Estate Exam Questions and Answers 100% Pass A person engaging in real estate activities for another and for a fee must hold a valid a. agent's license. b. broker's license. c. salesperson's license. d. broker's or salesperson's license. - Correct Answer ️️ -b. broker's license. A licensed real estate salesperson must be a. affiliated with a licensed real estate broker. b. an employee of a licensed real estate broker. c. an independent contractor. d. willing to enter ...

Ct Real Estate Practice exam general questions with 100% correct answers Two lots of the same size are sold on a street. The lot on the corner sells for $20,000 more than the lot in the middle of the street. Which of the following characteristics MOST likely explains the price difference? - Correct Answer ️️ -Situs How does a creditor who has obtained a judgment get satisfaction against a debtor who will not pay? - Correct Answer ️️ -Writ of execution What type of map is MOST usef...

CT Real Estate Exam Questions and Answers 100% Pass Broker - Correct Answer ️️ -One who acts as an intermediary between two or more people in negotiating the sale, purchase, or rental of property Salesperson - Correct Answer ️️ -Employed by or associated with the broker. Conducts brokerage activities on behalf of the broker. Residential, commercial, mixed-use, industrial, agricultural, special-purpose - Correct Answer ️️ -6 Types of Real Property Land - Correct Answer ️️ ...

CT real estate salesperson exam Questions and Answers 100% Pass 6 things a licensee cannot do without a written buyer agency agreement - Correct Answer ️️ -1) Ask the buyer to disclose confidential information 2) Express an opinion or give advice about particular real esate 3) Physically show the buyer an in-house listing 4) Physically show the buyer a property listed with anither firm 5) discuss an offer with the buyer 6) Engage in any verbal or written negotiations concerning purch...

Ct Real Estate Practice exam general Questions and Answers 100% Pass Two lots of the same size are sold on a street. The lot on the corner sells for $20,000 more than the lot in the middle of the street. Which of the following characteristics MOST likely explains the price difference? - Correct Answer ️️ -Situs How does a creditor who has obtained a judgment get satisfaction against a debtor who will not pay? - Correct Answer ️️ -Writ of execution What type of map is MOST useful f...

CT Real Estate Licensing Practice Exam Questions and Answers 100% Pass A couple listed their home with a broker. After 2 months, the seller found a buyer, and the sale closed. The seller was not obligated to pay a commission to the broker. This listing was MOST likely: 1. an exclusive agency listing. 2. an exclusive right to sell listing. 3. a net listing. 4. an advance fee listing. - Correct Answer ️️ -1. an exclusive agency listing. A contract has been drawn which obliges the sell...

CT Real Estate Agency 101 Exam Questions and Answers 100% Pass Broker - Correct Answer ️️ -A person who performs real estate activities for a real estate consumer. In CT only a broker can enter into an agency relationship with a client. Agency runs from broker to client. All salespersons working for the broker are automatically agents of the brokers clients and owe clients fiduciary duties. Fiduciary responsibility - Correct Answer ️️ -Care, Obedience, Loyalty, disclosure, account...

CT Quiz - Real Estate 100% Correct Solved In Connecticut a dower and curtsey are seen as: - Correct Answer ️️ -not recongized If a husband dies in Connecticut, his wife is entitled to what: - Correct Answer ️️ -an election to take a life estate equal to one-third of the property owned by the husband at the time of his death A homeowner may exempt what amount from debt owed a foreclosing mortgagee: - Correct Answer ️️ -nothing The burden of proof in acquiring an easement by pre...