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Real Estate Salesperson Exam — National Portion

Agreements (CT): practice questions

Our Real Estate (National) bank has 3 questions on this topic. Here are 3 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Connecticut

A broker records a commission lien (not based on an option). Within what time must foreclosure be commenced or the lien is extinguished?

  1. Six months after closing
  2. One year after recording
  3. 90 days after recording
  4. Two years after recording
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B. One year after recording — Conn. Gen. Stat. 20-325a(k)(2).

Question 2 · Connecticut

Where and when must a Connecticut broker record a claim for lien on a sale for the lien to attach?

  1. With the Secretary of the State before listing
  2. With the Superior Court clerk, within 90 days after closing
  3. With the Real Estate Commission, within 30 days after closing
  4. With the town clerk, before the conveyance of the property
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D. With the town clerk, before the conveyance of the property — Conn. Gen. Stat. 20-325a(f).

Question 3 · Connecticut

Which statement must appear in a Connecticut agreement that fixes a broker's compensation?

  1. Compensation is earned only if title transfers to the buyer
  2. Broker compensation is not fixed by law and may be negotiable
  3. Commission rates are set by the Real Estate Commission each year
  4. Compensation may not exceed six percent of the gross sale price
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B. Broker compensation is not fixed by law and may be negotiable — Conn. Gen. Stat. 20-325b.

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