Free Connecticut Real Estate Practice Exam

Q1.Under CERCLA, who would be considered a potentially responsible party (PRP) for environmental cleanup costs?

• A.Only the current property owner
• B.Only the party who caused the contamination
• C.Current owner, past owners, transporters, and generators of hazardous substances
• D.Only parties who knew about the contamination

Q2.The Equal Credit Opportunity Act (ECOA) prohibits discrimination in lending based on all of the following EXCEPT:

• A.Race or national origin
• B.Marital status
• C.Employment history
• D.Receipt of public assistance

Q3.Which form is required by Connecticut law to be signed by sellers of residential property built before 1978?

• A.Radon disclosure form
• B.Lead paint disclosure form
• C.Asbestos disclosure form
• D.Mold disclosure form

Q4.A Connecticut landlord wants to increase rent for a month-to-month tenancy. What notice period is required under state law?

• A.15 days
• B.30 days
• C.60 days
• D.90 days

Q5.Under Connecticut law, within how many days must a salesperson notify the Real Estate Commission of a change in business address?

• A.10 days
• B.20 days
• C.30 days
• D.60 days

Q6.In Connecticut, which type of deed provides the greatest protection to the grantee by including all covenants of title?

• A.Quitclaim deed
• B.Special warranty deed
• C.General warranty deed
• D.Executor's deed

Q7.Which factor would cause functional obsolescence in a residential property?

• A.A major highway constructed adjacent to the property
• B.Normal wear and tear from aging
• C.A floor plan with only one bathroom in a four-bedroom house
• D.Declining property values in the neighborhood

Q8.According to Connecticut Real Estate Commission regulations, when must a licensee provide disclosure of agency representation to a prospective client?

• A.At the closing
• B.When the purchase agreement is signed
• C.At the first substantial contact
• D.Only upon request

Q9.Under Connecticut law, what is required for a real estate contract modification to be legally enforceable?

• A.Verbal agreement between parties
• B.Written modification signed by both parties
• C.Notarized amendment only
• D.Attorney approval of changes

Q10.Which disciplinary action can the Connecticut Department of Consumer Protection impose for a first-time minor violation of real estate license law?

• A.Automatic license revocation
• B.Mandatory license suspension
• C.Letter of reprimand
• D.Immediate criminal prosecution

Q11.A borrower receives a Closing Disclosure on Monday. Under TRID rules, what is the earliest day the closing can occur?

• A.Tuesday
• B.Wednesday
• C.Thursday
• D.Friday

Q12.A Connecticut property owner grants an easement to a utility company in 1995. In 2023, the property is sold to a new owner who objects to the utility lines. What is the legal status of the easement?

• A.The easement terminates when the property is sold
• B.The new owner can revoke the easement with 30 days notice
• C.The easement runs with the land and binds the new owner
• D.The easement requires renewal by the new owner

Q13.In Connecticut, what happens to the agency relationship when a listing agreement expires?

• A.The agency relationship automatically continues until the property sells
• B.The agency relationship terminates on the expiration date
• C.The relationship continues for 30 days for pending transactions
• D.The seller must provide written notice to terminate the relationship

Q14.A fair housing tester — a person who poses as a prospective buyer or renter to check for discriminatory practices — may:

• A.Be prosecuted for fraud under Arizona law
• B.Provide evidence that is admissible in fair housing enforcement proceedings
• C.Only be used by HUD, not private organizations
• D.Not testify in court because they were not genuinely seeking housing

Q15.Under the Truth in Lending Act (TILA), which of the following must be disclosed to borrowers before loan consummation?

• A.Annual percentage rate (APR)
• B.Borrower's credit score
• C.Lender's profit margin
• D.Property tax assessment history