Under the Connecticut Fair Housing Act, which of the following is NOT a condition that must be satisfied for the owner-occupant exemption to apply?
Correct Answer
D) The owner must obtain prior written approval from the Connecticut Real Estate Commission.
Under CGS § 46a-64b, the owner-occupant exemption requires: (1) the owner lives in the property, (2) the building has two or fewer units, and (3) no licensed broker is used, and no discriminatory advertising is placed. There is no requirement to obtain prior written approval from the Connecticut Real Estate Commission (CREC). CREC regulates licensees, not private landlord exemption eligibility.
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Related Topics & Key Terms
Key Terms:
Related Concepts
The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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