Chapter 3 of 1622% of exam

Connecticut Real Estate Agency

Area III is 10 of the 45 state items. The bulletin's subtopics are representing a client versus working with an unrepresented person, agency agreements, agency disclosure, dual agency, designated agency, confidential information, and interference with an agency relationship. Connecticut's agency rules were rewritten by Public Act 23-84 with effect from 1 April 2024, so pre-2024 study material is unreliable here.

Disclosure and the Unrepresented Person

Sec. 20-325d(b) as amended requires that, not later than the first personal meeting, the licensee disclose in writing to a prospective party the types of agency relationships available and that the prospective party should not share confidential information until a written representation agreement is signed; for residential transactions the licensee must also provide fair housing discrimination information, including the protected classes and where to get help. The disclosures may be delivered electronically. The implementing regulation, Conn. Agencies Regs. Sec. 20-325d-5(a), still carries the older and stricter phrasing — at the beginning of the first personal meeting concerning the consumer's specific real estate needs — so disclosing at that earlier moment satisfies both texts. Under Sec. 20-325d(a) a licensee must, on request, disclose in writing the identity of the client to any party who is not represented by another licensee.

Agreements, Subagency and Dual Agency

Sec. 20-320(a)(6) makes it a disciplinary ground to enter an exclusive listing or buyer agency contract that has a fixed termination date and also provides for automatic continuation beyond it. Sec. 20-325f abolishes subagency outright: no broker may make a unilateral offer of subagency or compensate, appoint, employ, cooperate with or otherwise affiliate with a subagent for the sale or purchase of real property. Dual agency is lawful only on informed written consent, and Sec. 20-325g supplies a form whose execution before any contract creates a conclusive presumption of informed consent. Under that form the firm may not tell the buyer that the seller will take less than the asking price, nor tell the seller that the buyer would pay more, nor reveal either party's motivation or willingness to change financing terms — but known material property defects must still be disclosed.

Designated Agency, Confidentiality and Interference

Sec. 20-325i lets a broker appoint a designated seller agent and a designated buyer agent; the designated agent carries the primary responsibility for that client's duties and is not deemed a dual agent, except where one individual is designated for both sides of the same transaction. Designation may be made with regard to a particular transaction only. Sec. 20-325h bars revealing confidential information, using it to the person's disadvantage, or using it for the licensee's or a third party's advantage, with only three exceptions: as required by legal process, as necessary to defend against allegations of wrongful or negligent conduct, and as necessary to prevent the commission of a crime. Confidential information is defined at Sec. 20-311(7). Interference is governed by Conn. Agencies Regs. Sec. 20-328-2a: all dealings concerning exclusively listed property go through the listing agent and not the owner, and dealings concerning an exclusively represented buyer go through that buyer's agent, unless consent is given or diligent attempts to reach the agent fail.

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State-specific details

State exam facts

Exam vendor
PSI
Passing score
75%
Scored questions
120
Time limit
180 minutes
Who regulates real estate brokers in Connecticut?

The Connecticut Real Estate Commission, within the Department of Consumer Protection (DCP), licenses brokers and salespersons. The Commission contracts with PSI to deliver its exams.

What experience do I need before the Connecticut broker exam?

C.G.S. § 20-314(d) requires three years actively engaged as a licensed Connecticut salesperson under a supervising licensee, at least 1,500 hours in the business, and at least four closed transactions in those three years, plus 120 classroom hours: 60 in Real Estate Principles and Practices, 15 in Legal Compliance, 15 in Real Estate Brokerage Principles and Practices and two 15-hour electives. DCP waives the electives for an applicant with 20 transactions in the previous five years.

How is the Connecticut broker exam structured?

PSI bulletin 1007 gives the broker exam as 75 general questions in 120 minutes plus 45 Connecticut state questions in 60 minutes — 120 questions in 3 hours — and says "In order to pass the Broker examinations, you must receive a score of at least 75%." The 70% printed in the same bulletin is the salesperson standard, not the broker one.

Sources: https://portal.ct.gov/dcp/license-services-division/all-license-applications/real-estate-brokers, https://test-takers.psiexams.com/api/content/bulletin/1007

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