Kevin is a licensed Connecticut salesperson representing the seller of a two-family residential property in Bridgeport. The seller tells Kevin that the property has smoke detectors but no carbon monoxide detectors. The closing is scheduled for next week. How should Kevin advise the seller regarding Connecticut's detector certification requirement?
Correct Answer
C) The seller must install functioning carbon monoxide detectors meeting state standards before closing in order to provide the required written certification
Connecticut law requires a written certification at closing that the property has functioning smoke detectors AND carbon monoxide detectors meeting state standards. Because the property currently lacks carbon monoxide detectors, the seller must install compliant units before closing in order to truthfully provide the required certification. Both types of detectors are mandatory, not optional.
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Related Topics & Key Terms
Key Terms:
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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