Connecticut Real Estate Exam Study
Questions With Verified Answers
Connecticut Real Estate Commissions primary duties: - answer✔1) issue licenses
2) arbitrates disputes between brokers and salespersons
3) investigates and prosecutes complaints against licensees
4) formulate and enforce rules and regulations regarding licensing and conduct of licensing
How is the CT Real Estate Commision made up? - answer✔eight members - five in the real
estate business (3 brokers and 2 salespersons) and three members of the public (at least 1
member from each congressional district and not more than the bare majority from the same
political party)
To be a member of the CT Real Estate Commission you must.. - answer✔1) electors in the state
2) appointed by the governor
3) take an oath to perform faithfully to prescribed duties
4) may be removed from the office for a cause by the governor after being given an opportunity
to be heard
The CT Real Estate Commission chairman must.. - answer✔be bonded in accordance with the
requirements of the state insurance purchasing board.
Are CT Real Estate Commission members paid for their services? - answer✔NO, but they are
reimbursed for necessary expenses incurred in the performance of their duties
Engaging in the real estate business consists of acting for another for a fee in all of the following
activities EXCEPT
A: investing in real estate
B: reselling a mobile home
C: selling real-estate
D: collecting rent for the use of real estate - answer✔A: investing in real estate
you are employed by an apartment complex as a residential on-site property custodian. Part of
your duties involves negotiating leases for the apartments. In this position you
A) must have a salesperson license
B) must have a brokers license
C) are exempt from the licensing requirements if you reside at the apartment complex
D) are violating the license law - answer✔C) are exempt from the licensing requirements if you
reside at the apartment complex
The initial salespersons license fee is presently ----, and annual renewals are ----
A) $285/$285
B) $565/$285
C) $285/$75
D) $565/$375 - answer✔A) $285/$285
Which of the following is EXEMPT from the real estate licensing requirement?
A) attorney at law when serving as legal counsel to a client
B) Appraiser when valuing a client's property
C) Associations, partnerships, corporations
D) Real property securities dealers - answer✔A) attorney at law when serving as legal counsel
to a client
Ben broker maintains the website that highlights all of the property listings that he has. Ben
knows that the licensing law requires that he include certain information on this website,
including the certain information on this website, including the
A) address of all properties listed
B) sellers contact information for all of the properties listed
C) last date when bennshoed any of the properties listed
D) last date when the website property information was updated. - answer✔D) last date when
the website property information was updated.
2|Page
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Brightstars. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
