State

A licensee can do all of the following without entering into a written buyer agency agreement EXCEPT a. give the buyer information on the licensee's 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

d. ask the buyer to disclose his or her confidential information

A couple were married on July 4, 2007. Both individually owned a condominium in Connecticut prior to their marriage in their own name. They decided to keep the condominium units separate. Once they are 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

d. remain as separate interests

A licensee could have his or her license revoked for: a. failure to devote full time to the real estate business b. listing a property at more than a 6 percent commission c. not placing a for sale sign on the property d. steering

d. steering

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? a. giving information over the telephone as to selling price of the office listings b. collecting rents from leases of property managed by the broker c. telephone solicitation of listings from prospective sellers d. typing contracts for the salespeople in the broker's office

d. typing contracts for the salespeople in the broker's office

You may take the national and state testing exams which number of times? a. once b. twice c. three d. until you pass it

d. until you pass it

23. When a broker prepares a document pertaining to a real estate transaction: a. a copy should be given to the parties signing it at the time the signature is obtained b. the broker must sign the document c. the document must be notarized d. the broker does not need to provide copies to all parties

a. a copy should be given to the parties signing it at the time the signature is obtained

Who must comply with the state licensing laws? a. a person who negotiates on behalf of others for a fee b. a person employed by a corporation specifically to arrange the financing of real estate transactions c. an attorney d. a for sale by owner

a. a person who negotiates on behalf of others for a fee

A broker may deposit into the client trust account a. a small amount of the broker's money to keep the client's accounting system open b. commission that has been paid to the broker c. commission to be paid to the salesperson d. money to be paid to a subcontractor for work done on a listed property

a. a small amount of the broker's money to keep the client's accounting system open

Connecticut licensing law recognizes the following 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

a. exclusive right to sell, exclusive agency, open listing

A broker is guilty of commingling if he or she maintains client's monies a. in a sealed envelope in the office b. in escrow to credit the seller c. in an escrow account marked client's funds d. on a business check drawn payable to the seller

a. in a sealed envelope in the office

Which of the following actions requires a real estate license? a. obtaining a listing to rent a store b. assigning an option when the assignor/optionee cannot raise enough money to exercise the option c. assisting a for sale by owner d. counseling a buyer

a. obtaining a listing to rent a store

If a salesperson makes a misrepresentation in selling land: a. the contract may be voided b. the salesperson cannot be disciplined by the licensing agency c. only the broker will be disciplined by the licensing agency d. the buyer has no recourse

a. the contract may be voided

The time required for acquisition of prescriptive easement is a. 10 year b. 5 years c. 15 years d. 20 years

c. 15 years

The Common Interest Ownership Act regulates common interest properties. Which BEST describes the properties governed by this act? a. REIT's condominiums, cooperatives b. PUD's, condominiums, cooperatives c. Condominiums, cooperatives, REIT's, PUD's d. Assisted living, condominiums, cooperatives

b. PUD's, condominiums, cooperatives

Which of the following acts on the part of the broker can constitute improper conduct? a. advising the principal who wishes to consult an attorney that he or she should see an attorney b. acquiring a listing in which the broker gets to keep all monies above a specified purchase price c. acquiring a listing and consenting to specific showing instructions d. acquiring a listing and advertising it at the brokers discretion

b. acquiring a listing in which the broker gets to keep all monies above a specified purchase price

The license law usually prohibits which of the following? a. any collecting of commissions from more than one party to a transaction without all the parties permission b. any soliciting for listings before one is licensed c. not allowing negotiation of commission rate d. disclosing the sale of personal property as owner/agent

b. any soliciting for listings before one is licensed

28. In order to be granted a real estate license you must do which of the following? a. be 21 years old b. be 18 years old c. be a realtor d. be a sales associate

b. be 18 years old

Which of the following acts on the part of the salesperson represents cause for license suspension or revocation? a. accepting compensation from a former employing broker for services performed while employed with that broker b. giving payment to the personnel officer of a local firm for leads on persons moving into the area who subsequently purchase property c. accepting compensation from two parties with consent d. accepting something other than the original compensation indicated in the listing agreement

b. giving payment to the personnel officer of a local firm for leads on persons moving into the area who subsequently purchase property

A salesperson may advertise a property for sale only: a. if he personally listed the property b. if the name of the broker is included in the ad c. if the broker is entitled to use the term "Realtor" d. if the salesperson pays for the ad out of his commission

b. if the name of the broker is included in the ad

Which of the following is (are) entitled to a hearing before the real estate licensing agency? a. one who has flunked the license exam three times b. one who has passed the exam and is denied a license c. one who has been convicted of a crime and their license is revoked d. one who has flunked the license exam four times

b. one who has passed the exam and is denied a license

The broker upon obtaining a listing, must do which of the following? a. advertise it weekly b. place a "for sale" sign only with the sellers permission c. notify other real estate agents of the actual price the seller will accept d. change the information in order to make the property more marketable

b. place a "for sale" sign only with the sellers permission

Which of the following actions on the part of a real estate broker or salesperson could result in license revocation a. failing to install a real estate for sale sign b. quoting a sale price other than the one stipulated by the owner to prospective buyers of a property c. informing a buyer of all property defects d. requesting only pre-qualified buyers be allowed to preview a listing

b. quoting a sale price other than the one stipulated by the owner to prospective buyers of a property

5. 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 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

c. Sharon is not required to sign any agency agreement prior to viewing the property

Which of the following is true? a. the broker needs to give the owner only the highest written offer b. a broker may place a "for sale" sign on the listed property without any authorization c. a broker may charge whatever commission amount they choose d. a broker can automatically renew a listing expiration date

c. a broker may charge whatever commission amount they choose

24. Which of the following cannot file suit to obtain an earned commission? a. a broker who is now a salesperson but was a broker at the time the commission was earned b. a presently inactive salesperson who wants to sue his former broker to obtain payment for earned commissions c. a person who has passed their real estate exam d. a broker filing within two years of the sale

c. a person who has passed their real estate exam

20. Which of the following needs a real estate license? a. a builder-owner-developer who sells his own developments b. a salaried person working for said builder-owner who sells real estate for the builder c. a person who sells a property for another for a fee d. a person selling their own property

c. a person who sells a property for another for a fee

A license may be revoked upon proof of a. charging more than the usual rate of commission b. refusal to accept a listing c. accepting a net listing d. not advertising a listing

c. accepting a net listing

A real estate salesperson may have his or her license revoked for: a. listing for less than the standard commission b. selling part time c. accepting compensation for brokerage service from someone other than the employing broker d. changing employment from one broker to another

c. accepting compensation for brokerage service from someone other than the employing broker

As a salesperson involved in a real estate, you may accept a commission from the: a. grantee b. grantor c. broker d. attorney

c. broker

Which of the following is (are) true of each broker licensed to operate in the state? a. the broker may not engage in business of real estate without a formal office b. the broker may describe him or herself as a Realtor c. the broker may describe him or herself as a Realtor only if they are a member of the National Association of Realtors d. a broker must have sales associates in order to have a real estate business

c. the broker may describe him or herself as a Realtor only if they are a member of the National Association of Realtors