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Connecticut Real Estate Practice & Law – KGO Questions and Answers 2024/2025 $14.49   Add to cart

Exam (elaborations)

Connecticut Real Estate Practice & Law – KGO Questions and Answers 2024/2025

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Unlicensed Persons are _____________________ negotiating, listing, selling, or buying real estate for a client or customer. a. are allowed to take part in b. prohibited from  b True or False: Any person working at a clerical capacity in a real estate brokerage office is not considered t...

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  • October 10, 2024
  • 139
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Connecticut
  • Connecticut
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2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel!


Connecticut Real Estate Practice & Law –
KGO Questions and Answers 2024/2025
Unlicensed Persons are _____________________ negotiating, listing, selling, or buying real

estate for a client or customer.

a. are allowed to take part in

b. prohibited from

 b


True or False:




Any person working at a clerical capacity in a real estate brokerage office is not considered

to be engaging in the real estate business and are not required to be licensed.

 True


A ______________ is defined as a person or an entity that is paid a fee to act for another

person in the purchase, sale, rental, or exchange of real estate.

 broker


A________________must be affiliated with and supervised by a real estate broker, and acts

on behalf of the borker.


 sales-person


When a broker works with a person but does not represent that person, then that person is

referred to as a _____________________.


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,2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel!




a. client

b. customer

c. principal

d. sales-person

 b


The client is also referred to as the _____________________




a. broker

b. customer

c. principal

d. sales-person

 c


Real estate ______________ is the legal representation relationship that a broker has with a

client.

 agency


True or False




Connecticut law does not allow a broker to represent two client involved in the same

transaction.

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,2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel!

 false


Dual Agency is when the broker represents _________________.




a. only the seller

b. only the buyer

c. both the buyer and seller

d. both the landlord and the tenant

e. none of the above

f. c & d


 f


True or False:




A broker or salesperson must disclose to a customer that they do not represent them in a

transaction.

 true


The broker that the salesperson is affiliated wiht is referred to as the salesperson's designated

or ______________________ broker.

 sponsoring


True or False



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, 2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel!




In Connecticut, a real estate salesperson is usually considered an employee of his or her

designated broker.

 False


Which of the following is an unlicensed Assistant allowed to do:




a. show property

b. be paid based on commission

c. schedule appointments for licensees to show property

d. answer questions from customers on financing

 c


Agency agreements with a seller are called:




a. buyer agency agreements

b. special agreements

c. listing agreements

 c


Agency agreements with a buyer are called:




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