Connecticut Real Estate Broker Exam — All Questions

Connecticut requires a licensee to provide a consumer with the mandated real estate agency disclosure:

• a.Only after an offer is accepted
• b.Within 10 days after closing
• c.At the beginning of the first personal meeting concerning the consumer's specific real estate needs✓
• d.Only if the consumer asks for it in writing

Connecticut law requires the licensee to deliver the agency-relationship disclosure at the start of the first personal meeting about the consumer's specific needs, before confidential information is exchanged. Early disclosure lets the consumer understand whether the licensee represents the seller, the buyer, both, or neither before negotiating positions are revealed.

In Connecticut, dual agency (representing both buyer and seller in the same transaction) is:

• a.Absolutely prohibited
• b.Permitted only with the informed written consent of both the buyer and the seller✓
• c.Allowed automatically whenever one brokerage lists and sells a property
• d.Permitted only for commercial property

Connecticut allows dual agency, but only when both parties give informed written consent. Because a dual agent cannot fully advocate for either side, the licensee must disclose the limited nature of the representation and obtain consent, and may not reveal one party's confidential information to the other. Connecticut also recognizes designated agency, which lets a broker assign different affiliated licensees to each party.

A supervising broker in Connecticut is responsible for ensuring that affiliated licensees:

• a.Never represent buyers
• b.Pay their own Guaranty Fund claims directly
• c.Draft their own legal opinions for clients
• d.Deliver required agency disclosures and follow the license law in their transactions✓

The broker's supervisory duty includes making sure affiliated salespersons and broker-associates comply with Connecticut license law, including timely delivery of the agency disclosure and proper handling of client information and funds. Supervision liability is a core reason the broker exam emphasizes state agency and practice rules. Licensees must not give legal advice or draft legal opinions, which is the unauthorized practice of law.