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Practice Of Real EstateLicense_lawHARD

Susan is a licensed Connecticut real estate salesperson who wants to upgrade to a broker's license. Under Connecticut General Statutes Chapter 392, which of the following combinations of requirements must she satisfy before she can apply for a Connecticut broker's license?

Correct Answer

A) Accumulate a required period of active experience as a salesperson, complete the required broker pre-license education, and pass the Connecticut broker examination

Under CGS Chapter 392 and CREC regulations, a Connecticut salesperson seeking to upgrade to a broker's license must meet multiple requirements: a minimum period of active experience working as a licensed salesperson (generally two years), completion of the required broker pre-license education course hours approved by the CREC, and passing the Connecticut broker licensing examination. All three elements must be satisfied before the broker license application can be approved.

Answer Options
A
Accumulate a required period of active experience as a salesperson, complete the required broker pre-license education, and pass the Connecticut broker examination
B
Complete 60 hours of pre-license broker education and pass the broker examination
C
Pass the Connecticut broker examination and submit a petition to the CREC with references from three licensed brokers
D
Complete 40 hours of continuing education and pass the Connecticut broker examination without any experience requirement

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Related Topics & Key Terms

Key Terms:

license_categoriesbroker_upgradeexperience_requirementbroker_examination

Related Concepts

Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.

Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.

Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.

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