EstatePass
ContractsBreach_and_remediesMEDIUM

Under the Connecticut Unfair Trade Practices Act (CUTPA), CGS § 42-110a et seq., a real estate licensee who engages in deceptive practices during a transaction may face which of the following consequences?

Correct Answer

A) Civil liability to the consumer, license discipline by CREC, and potential attorney's fees awarded to the prevailing party

CUTPA (CGS § 42-110a et seq.) creates a private right of action for consumers harmed by unfair or deceptive trade practices. A successful CUTPA plaintiff may recover actual damages, punitive damages in appropriate cases, and attorney's fees and costs. Separately, a licensee's deceptive conduct can constitute grounds for license discipline by CREC under CGS Chapter 392. These are independent but concurrent consequences that a licensee may face for the same deceptive act.

Answer Options
A
Civil liability to the consumer, license discipline by CREC, and potential attorney's fees awarded to the prevailing party
B
Liability limited to refunding the commission received in the transaction
C
A mandatory license suspension of 90 days imposed automatically upon a CUTPA finding
D
Criminal prosecution only, with no civil liability available to the harmed consumer

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Contracts Question

Sign up free to unlock full analysis

Background Knowledge for Contracts

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Contracts

Sign up free to unlock full analysis

Common Mistakes to Avoid on Contracts Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

CUTPAdeceptive_practicescivil_liabilitylicense_disciplineconsumer_remedies

Related Concepts

Novation is the substitution of a new contract for an existing one, or the replacement of one party with a new party, with the consent of all parties involved. The original party is completely released from all obligations.

Offer and acceptance is the process by which one party proposes specific terms for a contract and the other party agrees to those exact terms, creating mutual assent. This mutual agreement, also called a meeting of the minds, is an essential element of every valid contract.

An option contract gives one party the exclusive right, but not the obligation, to purchase or lease a property at a specified price within a specified time period. The buyer pays option consideration to keep the option open.

Was this explanation helpful?

More Contracts Questions

People Also Study

Related Articles

Contracts Questions

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing