Under Connecticut General Statutes Chapter 392, all of the following acts by a real estate licensee may constitute grounds for CREC disciplinary action EXCEPT:
Correct Answer
C) Providing a buyer with the CREC-approved agency disclosure form at first substantive contact
Providing the CREC-approved agency disclosure form at first substantive contact is exactly what CGS § 20-325c requires. This is compliant conduct and cannot be grounds for discipline. All other options describe violations of Connecticut license law.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.
Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.
Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
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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