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CT STATE EXAM QUETSIONS AND ANSWERS 100% PASS

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CT STATE EXAM QUETSIONS AND ANSWERS 100% PASS (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 - Answer️️ -B.18, two 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, ...

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CT RE Practice Exam Questions and Answers

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CT RE Practice Exam Questions and Answers Connecticut licensing law recognizes the following listing agreements: - Answer️️ - Exclusive right to sell, exclusive agency, and open listing. 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. - Answer️️ -Sharon is not required to any agency agreement prior to viewing the property A buy...

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CT Real Estate Exam Questions and Answers 100% Pass

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CT Real Estate Exam Questions and Answers 100% Pass Brokerage - Answer️️ -bringing people together for a fee. Parties involved: broker, agent (salesperson, sales licensee) - they bring together a buyer/tenant and seller/landlord for a fee. Appraisal - Answer️️ -managed by appraisers they provide an opinion of value on a property Property Manager - Answer️️ -person/company hired to maintain and manage property on behalf of the property owner Financing - Answer️️ -the bus...

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Connecticut Real Estate Exam Study Questions with 100% Correct Solutions

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Connecticut Real Estate Exam Study Questions with 100% Correct Solutions Connecticut Real Estate Commissions primary duties: - Answer️️ -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? - Answer️️ -eight members - five in the real estate business (3 brokers and ...

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Connecticut Real Estate License Exam Questions and Answers

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Connecticut Real Estate License Exam Questions and Answers brokerage - Answer️️ -the business of bringing people together in a real estate transaction broker - Answer️️ -a person or company licensed to buy, sell, exchange, or lease real property for others and to charge a fee for these services real estate salesperson - Answer️️ -employed by or associated with the broker to perform brokerage activities on behalf of or for the broker real estate licensee - Answer️️ -a pers...

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CT Real Estate Practice & Law Questions and Answers 100% Pass

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CT Real Estate Practice & Law Questions and Answers 100% Pass Ct recognizes these listing agreements - Answer️️ -Exclusive right to sell, exclusive agency, open listing Time required for acquisition of prescription easements is - Answer️️ -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 s...

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CT Real Estate Law Salesperson Exam Questions and Answers

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CT Real Estate Law Salesperson Exam Questions and Answers Who may receive compensation from the Real Estate Guaranty Fund? * a. A broker who does not receive an earned commission b. A seller who pays a commission to a broker under false pretenses c. A buyer who pays a fee to a broker under a buyer agency agreement d. A cooperating broker who does not receive a commission split - Answer️️ -b (seller who pays commission to broker under false pretenses) Connecticut land records are inde...

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