CRES - Connecticut Real Estate Salesperson

Question 1: A brokerage employs an unlicensed person purely to file paperwork and perform office clerical tasks, and separately engages another unlicensed person solely to handle leasing of rental units. Which statement BEST describes how section 20-329 treats these two workers after Public Act 23-84?

Both must be fully licensed

Only the clerical worker is exempt

Only the leasing worker is exempt

Both fall within statutory exemptions

Question 2: The Real Estate Guaranty Fund paid a claim caused by a Meriden licensee, who then filed for bankruptcy and later seeks a new real estate license. Which statement BEST describes the conditions Connecticut imposes before that former licensee may be relicensed?

Bankruptcy discharges the repayment duty

Repay in full plus four percent

Repay in full plus ten percent

Wait two years, then reapply

Question 3: After paying the examination application fee, a Connecticut candidate delays scheduling the licensing test while sorting out work commitments. Section 20-314 limits how long that payment keeps the candidate entitled to sit the examination. Within what period from the date of payment must the applicant test?

Within one year of payment

Within two years of payment

Within six months of payment

Within ninety days of payment

Question 4: Two salespersons forming a registered team in West Hartford want a marketing name and ask which business-sounding words the registration rules allow. Aside from the full name of a licensed team member, which single word may a registered team name lawfully include?

Group

Associates

Realty

Team

Question 5: Two applicants pay the examination application fee under section 20-314: one seeking a broker license and one seeking a salesperson license. The amount charged differs by the classification sought. Which pairing correctly states the broker and salesperson examination application fees respectively?

One hundred twenty and eighty dollars

Eighty and one hundred twenty dollars

Two hundred eighty-five dollars each

Five hundred seventy dollars each

Question 6: A licensee argues that no administrative fine can be imposed under the disciplinary section unless the department proves the misconduct was wilful. Regarding the thirteen grounds in that section, how does Connecticut law treat wilfulness for imposing an administrative fine?

Wilfulness is always required

Wilfulness required for repeat violations

Wilfulness is not required

Wilfulness required only for revocation

Question 7: Beyond suspension or revocation, the department may impose a monetary fine for each violation among the numbered grounds for discipline against a Connecticut licensee. Which figure states the maximum fine the department may impose per violation under the disciplinary section?

One thousand dollars per violation

Five hundred dollars per violation

Twenty-five thousand dollars total

Five thousand dollars per violation

Question 8: An executor named in a will sells the decedent's shoreline home to settle the estate, receiving no separate brokerage fee and acting only in that fiduciary role. Under section 20-329, does this executor need a real estate license to complete the sale?

Yes, all sellers need licensure

Only if the estate pays commission

No, fiduciaries are exempt

Only with court approval first

Question 9: A study guide printed before April 2024 states that Connecticut's licensing chapter lists nine categories of persons exempt from needing a real estate licence. After Public Act 23-84 added leasing agents and clerical employees, how many exemption categories does section 20-329 now contain?

Eleven exemption categories

Nine exemption categories

Seven exemption categories

Thirteen exemption categories

Question 10: An individual, working for a fee on behalf of building owners, spends the day collecting rent from tenants and attempting to negotiate new rentals of the owners' units. Under Connecticut's definition of brokerage, does this rental work require a real estate licence?

No, only sales are covered

No, rent collection is exempt

Only if property is commercial

Yes, rental activity is included

Question 11: A broker in Greenwich collects a buyer's earnest money check on a Tuesday, but the seller does not sign the accepted agreement until the following Monday. Under Connecticut law, from which date does the broker's three-banking-day deposit deadline begin to run?

When the buyer's check was received

When all necessary parties signed

When the buyer signed the offer

When the seller verbally accepted

Question 12: In a cooperative Fairfield County sale, the listing broker proposes paying the selling salesperson directly instead of routing the money through that salesperson's own broker. Which statement BEST captures what the compensation regulation permits about paying a cooperating broker's salesperson?

Never permitted under any circumstances

Always allowed in cooperative sales

Allowed whenever the buyer agrees

Allowed only with the cooperating broker's consent

Question 13: A licensee in New Haven drafts a purchase offer that includes a mortgage contingency clause, and she wants it to comply fully with Connecticut regulation. Which combination of terms must that clause contain at a minimum for the financing condition to satisfy the requirement?

Principal amount, time period, and term

Interest rate, lender, and points

Down payment, appraisal, closing date

Credit score, insurer, and taxes

Question 14: A broker is organizing the documents she must preserve under Connecticut's seven-year retention rule and wonders specifically about her escrow banking paperwork. Which of the following items must she keep for the escrow or trust account under that record-retention requirement?

Only monthly reconciliation summaries

Only the final closing statements

Cancelled checks, checkbooks, and statements

Only checks above a set amount

Question 15: A broker asks whether his unlicensed personal assistant may place for-sale signs on the firm's listings. Placing signs is on the permitted list, but a related regulation adds a condition before any sign goes up. What condition must be met?

A supervising licensee must be present

The listing must be exclusive

The MLS must approve first

Written owner consent is required

Question 16: A broker knows she must keep transaction records for seven years, but she is unsure when exactly that seven-year clock begins for a given file. Under Connecticut law, the retention period runs from the later of which set of events?

The listing signing date only

The offer acceptance date only

Closing, escrow disbursed, or expiry

The first day of marketing

Question 17: A Greenwich agent knows two things about a listing: the foundation is visibly cracked and significantly impairs the home's value, and a felony once occurred on the property. Which fact must the agent disclose as material even if no buyer ever asks?

The felony that occurred there

The value-impairing foundation defect

Both facts, equally and automatically

Neither, without a written request

Question 18: A salesperson believes she may never accept commission from any broker other than her own employing broker. A colleague says direct payment from a cooperating broker is sometimes allowed. Under Connecticut regulation, which statement about such direct payment is correct?

It is allowed with proper consent

It is absolutely prohibited always

It is always allowed after closing

It requires only the seller's consent

Question 19: A buyer making a bona fide offer on a Milford home asks the agent in writing whether the property was ever suspected to be the site of a homicide. The owner flatly refuses to answer. Under Connecticut law, what must the agent now do?

Stay silent, the fact being nonmaterial

Withdraw the buyer's pending offer

Disclose the owner's suspected knowledge

Notify the buyer in writing of refusal

Question 20: A buyer defaults and forfeits the earnest money deposit, and the listing broker believes that he has fully earned his commission on the failed transaction. Under Connecticut regulation, what is the broker's entitlement to any portion of that forfeited deposit?

The full earned commission amount

No right to any portion

Half of the forfeited deposit

Whatever the seller agrees to

CRES Connecticut Real Estate Salesperson - Set 1 - Part 1