How much of a license renewal fee goes towards the Connecticut Real Estate Guarantee Fund?
Question & Answer
Review the question and all answer choices
$3.00
$10.00
Option B ($10.00) is incorrect as it overstates the contribution. This might represent confusion with other state fee structures or initial application fees.
$25.00
Option C ($25.00) is incorrect as it significantly exceeds the actual amount. This could result from misremembering fees for different types of licenses or services.
$50.00
Option D ($50.00) is incorrect as it's far higher than the actual contribution. This might reflect confusion with total renewal fees rather than the specific portion allocated to the fund.
Why is this correct?
Renewal fees contribute $3.00 to the fund.
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