CT Real Estate Practice & Law QUESTIONS AND ASNWERS
YEAR 2025.
Ct recognizes these listing agreements - ✅✅Exclusive right to sell, exclusive agency,
open listing
Time required for acquisition of prescription easements is - ✅✅15 years
Under CT law, real estate brokers are required to retain certain brokerage records such
as offers, counteroffers drafted in brokers office, contracts, leases, agency Agreements
and disclosures, escrow and trust account checks and Bank statements. These records
must be kept - ✅✅7 years
An easement by prescription may be extinguished if the owner takes, obtains, or
regains an open and continuous control and possession of the property for - ✅✅15
years
The Connecticut Department of consumer protection requires that land surveyors -
✅✅Be licensed by the Department of consumer protection, division of land surveyors
and professional engineers
Resale documents must be furnished to the buyer or his or her attorney before the
closing or transfer of possession. The buyers right to cancel the purchase contract is
how many days after the resale documents have been hand-delivered? - ✅✅5
business days, 7 for certified mail
The common interest ownership act regulates common interest properties. Which best
describes the properties governed by this act? - ✅✅PUD (planned unit
developments) condominiums and cooperatives
A couple were married on July 4, 2007. Both individually owned a condominium prior to
their marriage in their own name. They decided to keep the condominium unit separate.
Once they are married in Connecticut, their former properties will will - ✅✅Remain
separate interests
Questions about boundaries in Connecticut are resolved by - ✅✅The superior Court,
a committee, and possibly a land surveyor
Legal descriptions of property in Connecticut predominantly follow the - ✅✅Metes-
and-bounds method
In cases of involuntary partition the owners are advised to - ✅✅Petition the Superior
Court for equitable relief
, Sellers can obtain condominium resale disclosure documents from - ✅✅Association
If there is a physical division of co-owned real estate, committees are appointed by the
courts, partitions cannot always be fair and equitable - ✅✅Involuntary partition action
When a unit owner request a resale certificate from the association in writing, it must be
provided within how many business days, and what kind association charge for the
resale certificate? - ✅✅10 days $125 plus 5 cents per page
Connecticut license laws provide that licensed brokers may not accept a listing that is
based on a - ✅✅Net price
Under Connecticut licensing laws, brokers and agents have to disclose a present or
contemplated interest in a property listed with them if they are - ✅✅Contemplating
purchasing the property
Sharon buyer called agent Michael to view his listing on Monroe Street. Sharon does
not have an agent. Michael provides a written agency disclosure notice to Sharon
stating that he represents the seller. - ✅✅Agency agreement not required
A buyer finds and purchases a for sale by owner home. A broker states entitlement to a
brokerage fee. For this to be the case, the buyer would have entered into which type of
buyer broker agreement with the broker? - ✅✅Exclusive agency right to represent the
buyer
Give buyer info on licensees firm, provide buyer info on mortgage rates and lending
institutions, show buyer in house listings - ✅✅Without a written buyer agency
agreement
The Connecticut common interest ownership act dictates that legally sufficient
description of a common interest ownership unit must contain all of the following -
✅✅Recording date, name of community, unit number
Real property taxes are ad valorem (based on value) Taxes levied by - ✅✅Local
municipalities
Connecticut requires the values placed on all properties be based on their -
✅✅Market value
Connecticut law requires towns to revalue properties every___ Years by physical
observation or statistical analysis. Physical inspection is required every___ years -
✅✅5, 10
YEAR 2025.
Ct recognizes these listing agreements - ✅✅Exclusive right to sell, exclusive agency,
open listing
Time required for acquisition of prescription easements is - ✅✅15 years
Under CT law, real estate brokers are required to retain certain brokerage records such
as offers, counteroffers drafted in brokers office, contracts, leases, agency Agreements
and disclosures, escrow and trust account checks and Bank statements. These records
must be kept - ✅✅7 years
An easement by prescription may be extinguished if the owner takes, obtains, or
regains an open and continuous control and possession of the property for - ✅✅15
years
The Connecticut Department of consumer protection requires that land surveyors -
✅✅Be licensed by the Department of consumer protection, division of land surveyors
and professional engineers
Resale documents must be furnished to the buyer or his or her attorney before the
closing or transfer of possession. The buyers right to cancel the purchase contract is
how many days after the resale documents have been hand-delivered? - ✅✅5
business days, 7 for certified mail
The common interest ownership act regulates common interest properties. Which best
describes the properties governed by this act? - ✅✅PUD (planned unit
developments) condominiums and cooperatives
A couple were married on July 4, 2007. Both individually owned a condominium prior to
their marriage in their own name. They decided to keep the condominium unit separate.
Once they are married in Connecticut, their former properties will will - ✅✅Remain
separate interests
Questions about boundaries in Connecticut are resolved by - ✅✅The superior Court,
a committee, and possibly a land surveyor
Legal descriptions of property in Connecticut predominantly follow the - ✅✅Metes-
and-bounds method
In cases of involuntary partition the owners are advised to - ✅✅Petition the Superior
Court for equitable relief
, Sellers can obtain condominium resale disclosure documents from - ✅✅Association
If there is a physical division of co-owned real estate, committees are appointed by the
courts, partitions cannot always be fair and equitable - ✅✅Involuntary partition action
When a unit owner request a resale certificate from the association in writing, it must be
provided within how many business days, and what kind association charge for the
resale certificate? - ✅✅10 days $125 plus 5 cents per page
Connecticut license laws provide that licensed brokers may not accept a listing that is
based on a - ✅✅Net price
Under Connecticut licensing laws, brokers and agents have to disclose a present or
contemplated interest in a property listed with them if they are - ✅✅Contemplating
purchasing the property
Sharon buyer called agent Michael to view his listing on Monroe Street. Sharon does
not have an agent. Michael provides a written agency disclosure notice to Sharon
stating that he represents the seller. - ✅✅Agency agreement not required
A buyer finds and purchases a for sale by owner home. A broker states entitlement to a
brokerage fee. For this to be the case, the buyer would have entered into which type of
buyer broker agreement with the broker? - ✅✅Exclusive agency right to represent the
buyer
Give buyer info on licensees firm, provide buyer info on mortgage rates and lending
institutions, show buyer in house listings - ✅✅Without a written buyer agency
agreement
The Connecticut common interest ownership act dictates that legally sufficient
description of a common interest ownership unit must contain all of the following -
✅✅Recording date, name of community, unit number
Real property taxes are ad valorem (based on value) Taxes levied by - ✅✅Local
municipalities
Connecticut requires the values placed on all properties be based on their -
✅✅Market value
Connecticut law requires towns to revalue properties every___ Years by physical
observation or statistical analysis. Physical inspection is required every___ years -
✅✅5, 10
