Ct real estate licensing - 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 Quiz - Real Estate Questions and Answers 100% Pass In Connecticut a dower and curtsey are seen as: not recongized If a husband dies in Connecticut, his wife is entitled to what: 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: nothing The burden of proof in acquiring an easement by prescription lies with whom: party claiming the easement In Connectic...

CT Real Estate Complete Solutions 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. ️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 into agency relationships with...

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. 1. an exclusive agency listing. A contract has been drawn which obliges the sellers to convey title to their land to the buyers if the buyers come up with $22,000 on or before Decembe...

A person of entity engaging in the real estate business in CT must have CT Real Estate License 2 Categories of License: Broker and Salesperson (Both are Licensees) A salesperson must be affiliated with and can only work on behalf of a broker Connecticut Real Estate Commission Enforces CT licensing laws Main responsibilites: (1) Issue Licenses (2) Arbitrate disputes between brokers and salespersons (3) Investigate and prosecute complaints against licensees (4) Formulate and enforce ...

Connecticut Real Estate Commissions primary duties: 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? 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 n...

CT Final Exam 2023/2024 Questions and Answers Rated A+ A real estate salesperson may have his or her license revoked for: accepting compensation for brokerage service from someone other than the employing broker A salesperson may advertise a property for sale only: if the name of the broker is included in the ad. A real estate broker hires a secretary who does not have a real estate license and agrees to pay a fixed salary. Which of the following duties may the secretary perform? typing contra...

Broker Zeke is busy and doesn't have time to go to the bank, so he deposits his client's earnest money funds into his personal account. He plans to move the funds to the appropriate account within a week. This violation is an example of ______. ngling actual interference re to disclose agency relationship rming services that would qualify as practice of law - ANSWER-commingling Jerome let his license expire four years ago when his wife had twins and he decided to become a stay-at-ho...

Broker Zeke is busy and doesn't have time to go to the bank, so he deposits his client's earnest money funds into his personal account. He plans to move the funds to the appropriate account within a week. This violation is an example of ______. ngling actual interference re to disclose agency relationship rming services that would qualify as practice of law - Answer commingling Jerome let his license expire four years ago when his wife had twins and he decided to become a stay-at-ho...