CRES - Connecticut Real Estate Salesperson

Question 21: The owner of a Bridgeport apartment building complains that three units have sat empty for months. The property manager responds by adjusting advertising, refreshing the units, and widening exposure to prospective renters. Reducing this lost income by filling vacant space is chiefly the manager's effort to control what?

Vacancy and collection loss

Fixed operating expenses

Capital reserve funding

Debt service coverage

Question 22: A Stamford property manager adopts written standards requiring a minimum income, a satisfactory credit score, and clean rental references, then applies those same benchmarks to every applicant without exception. Applying uniform criteria this way primarily protects the manager against which risk?

Constructive eviction claims

Breach of fiduciary duty

Fair housing discrimination claims

Antitrust liability

Question 23: A Greenwich owner signs a property management agreement hiring a firm to lease units, collect rents, handle tenant relations, and oversee ongoing operations across the entire building. Because this authority is continuing and broad rather than limited to one deal, the manager typically functions toward the owner as what?

A general agent

A special agent

A universal agent

A gratuitous agent

Question 24: A buyer asks her agent which Stamford neighborhoods have the best schools and lowest crime, and the agent, wanting to comply with fair housing law, must decide how to respond. Which approach BEST keeps the agent within federal fair housing rules?

Recommend neighborhoods matching the buyer's background

Steer the buyer toward similar residents

Provide objective data sources, not opinions

Refuse to discuss the area entirely

Question 25: An instructor asks how sexual orientation and gender identity come to be protected in federal housing when the statute's original text never names either of them. Which statement BEST describes the current federal basis for extending these protections to home seekers nationwide?

Congress added them by amendment

HUD interprets sex to include them

State law creates the federal duty

The 1866 Act lists them

Question 26: Suppose competing brokers are convicted of conspiring to fix commission rates in violation of the Sherman Antitrust Act. Beyond any private lawsuits, which description BEST captures the criminal exposure such a conviction can carry for the individuals involved?

A minor civil fine only

License reprimand with no fine

A verbal warning from regulators

A felony with prison and fines

Question 27: A seller mentions in passing that the New Haven colonial has had recurring basement water problems, yet the agent lists it as having a dry basement without checking further. Regarding material facts, which duty has the agent most clearly neglected?

The duty to maximize commission

The duty to please the seller

Due diligence on material facts

The duty to close quickly

Question 28: A developer markets new Stamford condos only in newspapers and websites that reach one racial group, deliberately avoiding media read by others. Even though each individual advertisement is neutral in wording, this marketing choice still violates fair housing law for which reason?

Selective advertising limits protected groups' access

Neutral ads are always fully compliant

Only ad wording can violate rules

Digital ads are exempt from review

Question 29: A broker drafting a listing for a Bridgeport condo wants advertising language that complies with federal fair housing rules. Which of the following descriptive phrases is acceptable because it describes the property rather than a preferred type of occupant?

Perfect for a young professional

Walking distance to the train

Ideal for an active Christian family

No children in this quiet building

Question 30: A broker not only mixes clients' escrow deposits with office money but then spends part of those deposits to cover the brokerage's payroll shortfall. Using the clients' funds for the broker's own purposes is best described by which term?

Commingling

Reconciliation

Prorating

Conversion

Question 31: A landlord qualifies for the Mrs. Murphy exemption on his owner-occupied triplex, yet he still may not place a rental advertisement expressing a preference against families with young children. Which principle best explains why the advertising restriction continues to bind him?

Triplexes never qualify for exemptions

Familial status outranks all exemptions

Advertising rules apply despite exemptions

The exemption expired after one use

Question 32: A tenant who is blind asks her Hartford landlord to make an exception to the building's strict no-pets policy so she can keep a trained guide dog. This kind of exception to a policy for a disabled tenant is known as which of the following?

A reasonable modification

A variance

A steering exception

A reasonable accommodation

Question 33: When a Norwalk brokerage receives earnest money, security deposits, and other funds belonging to clients and customers, it places them in a dedicated account kept apart from the firm's operating money. Which account is designed to hold these funds?

The brokerage operating account

A trust or escrow account

The broker's personal savings account

A general business checking account

Question 34: A New Haven broker deposits a buyer's earnest-money check into the brokerage's regular operating account alongside the firm's own funds, planning to move it later. Mixing client money with the broker's own funds in this way is known as which prohibited act?

Commingling

Conversion

Subrogation

Novation

Question 35: An owner listing a Hartford apartment tells the agent to write an advertisement stating the unit is ideal for a mature Christian couple with no children. Publishing an ad worded this way would violate federal fair housing rules for which reason?

It omits the property's square footage

It fails to name a price

It uses too many adjectives

It states a discriminatory preference

Question 36: While representing a New Haven seller, an agent learns the client would gladly accept far less than the asking price because of an urgent relocation. A buyer's agent casually asks about the seller's flexibility. What must the listing agent do?

Disclose it to speed negotiations

Share it only if asked directly

Keep the confidential information private

Reveal it to appear cooperative

Question 37: A newer agent believes that casual posts on personal social-media accounts are exempt from the honesty standards that govern printed newspaper ads. Regarding real-estate content shared on social media, which statement correctly describes the advertising standard that applies?

Social posts are entirely unregulated

The same truthfulness rules apply

Only paid ads must be truthful

Personal accounts are always exempt

Question 38: A mortgage lender draws boundaries around several older neighborhoods and refuses to approve any home loans inside them because of the racial composition of those areas, regardless of an individual applicant's income or credit. Which term describes this discriminatory lending practice?

Redlining

Steering

Blockbusting

Disparate treatment

Question 39: An agent shows minority buyers homes only in certain Hartford neighborhoods and guides white buyers toward entirely different areas, based on the racial makeup of each neighborhood. This practice of channeling prospects by race is best known by which term?