EstatePass
Agency LawMEDIUMFREE

Connecticut recognizes which agency relationships?

2:33
0 views

Question & Answer

Review the question and all answer choices

A

Only seller agency

Limiting recognition to only seller agency would return Connecticut to the pre-reform era of the 1980s when buyers had no formal representation, a consumer protection failure that modern agency law was specifically designed to correct.

B

Seller agent, buyer agent, dual agent

Correct Answer
C

Only buyer agency

Recognizing only buyer agency would eliminate the foundational seller agency relationship that has existed since the origins of real estate brokerage, leaving listing agents without a defined legal framework for their representation.

D

Only transaction brokerage

Transaction brokerage, in which a broker facilitates a transaction without representing either party as a fiduciary, is recognized in some states such as Florida and Colorado but is not the primary framework Connecticut uses; Connecticut's law is built around agency relationships with attendant fiduciary duties.

Why is this correct?

Connecticut General Statutes Chapter 392 and the associated Real Estate Commission regulations explicitly recognize seller agency, buyer agency, and dual agency as the three permissible forms of agency in residential real estate transactions. Each relationship carries specific statutory duties, and licensees must disclose which relationship they are operating under at the first personal meeting. This tripartite framework ensures consumers can make informed decisions about representation before any confidential information is shared.

Ready to Ace Your Real Estate Exam?

Access 2,000+ free video lessons covering all 11 exam topics.