Connecticut Real Estate Practice Exam

10 sample questions, with answers explained

Every question above with its correct answer and the reasoning behind it. Read the explanations for the ones you answered correctly too. A lucky guess and knowing the rule look identical on a score report. These are sample questions from our larger bank.

1. 1. Which allocation correctly describes Connecticut Commission seats?

   • ATwo brokers, three salespersons and three appraisers
   • BEight active brokers and no public members
   • CFour salespersons and four mortgage lenders
   • DThree brokers, two salespersons and three public memberscorrect

   Why: CGS 20-311a(b) allocates 3 commission seats to brokers, 2 to salespersons and 3 to public members.

   Practice of real estate

2. 2. Several aggrieved people seek Connecticut guaranty-fund payment for the same transaction. Under the June 2026 amendment, what limit applies to that transaction or claim?

   • AA combined maximum of $25,000correct
   • BA separate $25,000 for every person and parcel
   • CAn unlimited payment if every applicant used a broker
   • DA combined maximum equal to the original sale price

   Why: CGS 20-324a, as amended by PA 26-100 section 13, caps recovery at $25,000 per transaction or claim regardless of the number of aggrieved people or parcels. The fund is not unlimited purchase-price insurance.

   Practice of real estate

3. 3. A Connecticut licensee wants to change another broker's listing information. What authorization is required?

   • AExpress permission from that brokercorrect
   • BPermission only from a competing salesperson
   • CNo permission if the change might attract more buyers
   • DPermission only from the website's advertising vendor

   Why: RCSA 20-328-5a(d) requires express broker permission to change that broker's listing information. A belief that the change will improve marketing does not replace that permission.

   Practice of real estate

4. 4. A Connecticut broker records a broker lien and receives no owner demand to sue. What generally happens if foreclosure is not begun within 1 year after recording?

   • AThe lien automatically renews for another year
   • BThe lien becomes a deed transferring the property
   • CThe recorded broker lien is extinguishedcorrect
   • DThe owner must pay double the claimed compensation

   Why: CGS 20-325a(k)(2) generally extinguishes the recorded broker lien if foreclosure is not begun within 1 year after recording. Recording is not an indefinite substitute for bringing the enforcement action.

   Contracts

5. 5. A Connecticut broker is only a stakeholder of disputed trust funds. What may the court order under CGS 20-324k(d)?

   • AAutomatic award of the disputed deposit to the seller
   • BTransfer of the dispute to the broker's trade association
   • CDeposit of certified funds with the court and dismissal of claims based solely on that stakeholder rolecorrect
   • DImmediate payment of the money as the broker's commission

   Why: CGS 20-324k(d) allows the court to order a broker stakeholder to deposit certified trust funds with the court and dismiss claims based solely on that stakeholder role.

   Contracts

6. 6. In a nonexempt Connecticut residential sale, when must the seller provide the condition report?

   • AOnly after the purchaser has waived inspection rights
   • BOnly when the lender issues a final loan commitment
   • CAt recording if the seller has already moved away
   • DBefore the purchaser signs the covered agreementcorrect

   Why: CGS 20-327b(a) requires the report before the purchaser signs a binder, purchase contract, option or lease containing a purchase option. Providing it at closing or after inspection waiver is too late.

   Property disclosures

7. 7. A Connecticut team wants to include its unlicensed founder's name in the registered team name. What does the team-name rule provide?

   • AThe founder may appear if no commission is paid
   • BThe name cannot include that unlicensed individualcorrect
   • CThe founder may appear if described as retired
   • DThe founder may appear with the broker's permission

   Why: CGS 20-312(e)(1)(B) prohibits a team name from including an individual who is not a licensed broker or salesperson. Founding the team or receiving no commission does not create the stated exception.

   Practice of real estate

8. 8. A Connecticut team wants to transfer its existing registration to a new supervising licensee without registering anew. Which condition is required?

   • AA majority transfers and only the new supervisor agrees
   • BAll members transfer and both supervisors agreecorrect
   • COne member transfers and the team name stays the same
   • DAll members transfer without either supervisor agreeing

   Why: CGS 20-312(f) allows transfer without a new team registration only if every team member transfers and both supervising licensees agree. A majority transfer alone does not satisfy the condition.

   Practice of real estate

9. 9. After a Connecticut prospect decides not to hire a licensee, may the licensee reveal the prospects confidential information freely?

   • AYes; only former signed clients are protected
   • BYes; a failed listing interview makes information public
   • CNo; the confidentiality prohibition includes prospective partiescorrect
   • DYes; confidentiality starts only after a sale closes

   Why: CGS 20-325h prohibits revealing confidential information about a prospective party or a person previously represented as an agent or designated agent.

   Agency

10. 10. An individual conducts Connecticut brokerage without a required license. What maximum per-violation fine does CGS 20-312(d) authorize?

    • A$500
    • B$1,000
    • C$5,000correct
    • D$10,000

    Why: CGS 20-312(d) allows a fine up to 5,000 dollars per violation for engaging in brokerage without the required license.

    Practice of real estate