A Connecticut real estate salesperson is reviewing the activities that require a real estate license under CGS Chapter 392. Which of the following activities does NOT require a Connecticut real estate license?
Correct Answer
C) An individual selling their own personally owned investment property without broker assistance
Under CGS Chapter 392, the real estate licensing requirement applies to persons who perform real estate activities on behalf of others for compensation. An individual who sells their own personally owned property—even an investment property—is acting as a principal, not as an agent for another party, and is therefore exempt from the Connecticut real estate licensing requirement. The exemption for owners selling their own property is explicit in Connecticut license law.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.
Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.
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.
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