CT STATE FINAL EXAM QUESTIONS
AND ACTUAL ANSWERS.
B.18, two - Answer (43)Connecticut requires anyone of sound mind who prepares a will to be
of what age and to have how many witnesses.
A.21, two
B.18, two
C.25, four
D.16, two
A.Exclusive right to sell, exclusive agency, open listing. - Answer Connecticut licensing laws
recognizes the following lowing listing agreements;
A.Exclusive right to sell, exclusive agency, open listing.
B.Exclusive right to sell, exclusive agency, open listing, MLS.
C.Exclusive right to sell, exclusive agency, open listing, net listing.
D.Exclusive right to sell, exclusive agency, open listing, MLS, net listing.
C.Sharon is not required to sign any agency agreement prior to viewing the property. - Answer
Sharon buyer called agent Michael to view his house 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.
A.Before showing the house, Michael must have Sharon sign an agency agreement.
B.Before Sharon views the property, she must sign a dual agency agreement.
C.Sharon is not required to sign any agency agreement prior to viewing the property.
D.Sharon must sign a purchase agreement prior to viewing the property.
A. Exclusive agency right to represent buyer. - Answer A buyer finds and purchases a for sale
by owner home. A broker states an entitlement to a brokerage fee. For this to be the case, the
broker would have entered into which type of buyer broker agreement with the broker?
,D. Ask the buyer to disclose his or her confidential information - Answer A licensee can do all
of the following without entering into a written buyer agency agreement EXCEPT
A. Give the buyer information on the licensees firm
B. Provide the buyer with information on mortgage rates and lending institutions
C. Physically show the buyer in house listings
D. Ask the buyer to disclose his or her confidential information
B. If they are contemplating purchasing the property for their own account. - Answer Under
Connecticut licensing laws, brokers and agents have to disclose a present or contemplated
interest in a property listed with them
A. Only when executing a buyer's broker agreement.
B. If they are contemplating purchasing the property for their own account.
C. Only when the buyer decides to make an offer.
D. In the listing agreement and in any advertisements.
C. Connecticut license laws provide that license broker may not except a listing that is based on
a net price. - Answer Which statement is TRUE under Connecticut law?
A. Net listings are recognized as listings.
B. A broker can except a net listing if all funds over the stated brokerage fee or received as a
bonus instead of a commission.
C. Connecticut license laws provide that license broker may not except a listing that is based on
a net price.
D. Netlist things require the consent of the buyer, seller, and real estate licensee.
D. Seven years - Answer Under Connecticut law, real estate brokers are required to retain
certain brokerage records such as offers and counter offers drafted by the brokers office,
contracts, leases, agency agreement and disclosure, escrow and trust account checks, and bank
statements. These records must be kept
A. Ten years
, C. 15 years - Answer The required time for acquisition of perspective easement is
A. 10 years
B. 5 years
C. 15 years
D. 20 years
A. 15 years - Answer And easement by prescription may be extinguished if the owner takes,
obtains, or regains an opening continuous control in possession of the property for
A. 15 years
B. 23 months
C. 10 years
D. 25 years
D. Remain as separate interests - Answer A couple were married on July 4, 2007. Both
individually owned a condominium prior to their marriage and their own name. They decided to
keep the condominium unit separate. Once they're married in Connecticut, their former
properties will
A. Be owned as tenancy by the entirety.
B. Be owned with survivorship.
C. Become community property.
D. Remain as separate interests.
C. Courts can never provide equitable relief. - Answer And involuntary partition action, the
following statements are true EXCEPT
A. There is a physical division of the co-owned real estate.
B. Committees are appointed by the courts.
C. Courts can never provide equitable relief.
D. Partitions cannot always be fair and equitable.
AND ACTUAL ANSWERS.
B.18, two - Answer (43)Connecticut requires anyone of sound mind who prepares a will to be
of what age and to have how many witnesses.
A.21, two
B.18, two
C.25, four
D.16, two
A.Exclusive right to sell, exclusive agency, open listing. - Answer Connecticut licensing laws
recognizes the following lowing listing agreements;
A.Exclusive right to sell, exclusive agency, open listing.
B.Exclusive right to sell, exclusive agency, open listing, MLS.
C.Exclusive right to sell, exclusive agency, open listing, net listing.
D.Exclusive right to sell, exclusive agency, open listing, MLS, net listing.
C.Sharon is not required to sign any agency agreement prior to viewing the property. - Answer
Sharon buyer called agent Michael to view his house 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.
A.Before showing the house, Michael must have Sharon sign an agency agreement.
B.Before Sharon views the property, she must sign a dual agency agreement.
C.Sharon is not required to sign any agency agreement prior to viewing the property.
D.Sharon must sign a purchase agreement prior to viewing the property.
A. Exclusive agency right to represent buyer. - Answer A buyer finds and purchases a for sale
by owner home. A broker states an entitlement to a brokerage fee. For this to be the case, the
broker would have entered into which type of buyer broker agreement with the broker?
,D. Ask the buyer to disclose his or her confidential information - Answer A licensee can do all
of the following without entering into a written buyer agency agreement EXCEPT
A. Give the buyer information on the licensees firm
B. Provide the buyer with information on mortgage rates and lending institutions
C. Physically show the buyer in house listings
D. Ask the buyer to disclose his or her confidential information
B. If they are contemplating purchasing the property for their own account. - Answer Under
Connecticut licensing laws, brokers and agents have to disclose a present or contemplated
interest in a property listed with them
A. Only when executing a buyer's broker agreement.
B. If they are contemplating purchasing the property for their own account.
C. Only when the buyer decides to make an offer.
D. In the listing agreement and in any advertisements.
C. Connecticut license laws provide that license broker may not except a listing that is based on
a net price. - Answer Which statement is TRUE under Connecticut law?
A. Net listings are recognized as listings.
B. A broker can except a net listing if all funds over the stated brokerage fee or received as a
bonus instead of a commission.
C. Connecticut license laws provide that license broker may not except a listing that is based on
a net price.
D. Netlist things require the consent of the buyer, seller, and real estate licensee.
D. Seven years - Answer Under Connecticut law, real estate brokers are required to retain
certain brokerage records such as offers and counter offers drafted by the brokers office,
contracts, leases, agency agreement and disclosure, escrow and trust account checks, and bank
statements. These records must be kept
A. Ten years
, C. 15 years - Answer The required time for acquisition of perspective easement is
A. 10 years
B. 5 years
C. 15 years
D. 20 years
A. 15 years - Answer And easement by prescription may be extinguished if the owner takes,
obtains, or regains an opening continuous control in possession of the property for
A. 15 years
B. 23 months
C. 10 years
D. 25 years
D. Remain as separate interests - Answer A couple were married on July 4, 2007. Both
individually owned a condominium prior to their marriage and their own name. They decided to
keep the condominium unit separate. Once they're married in Connecticut, their former
properties will
A. Be owned as tenancy by the entirety.
B. Be owned with survivorship.
C. Become community property.
D. Remain as separate interests.
C. Courts can never provide equitable relief. - Answer And involuntary partition action, the
following statements are true EXCEPT
A. There is a physical division of the co-owned real estate.
B. Committees are appointed by the courts.
C. Courts can never provide equitable relief.
D. Partitions cannot always be fair and equitable.
