Connecticut License Law
A Connecticut real estate licensee uses a client's personal financial information to invest in a property the client was considering. This is a violation of which fiduciary duty?
AObedience
BReasonable care
CLoyalty and confidentiality✓ Correct
DAccounting
Explanation
Using a client's confidential financial information for personal gain violates both the duty of loyalty (placing the agent's interests above the client's) and the duty of confidentiality (using protected client information for unauthorized purposes). This is a serious breach with potential criminal and license consequences.
Related Connecticut Connecticut License Law Questions
- How many hours of pre-license education must a Connecticut broker applicant complete?
- A Connecticut real estate broker manages property for a client. The management relationship creates what type of agency?
- The Connecticut Real Estate Commission has the authority to impose which of the following disciplinary actions?
- The Connecticut Real Estate Guaranty Fund provides compensation to consumers who have suffered financial loss due to a licensee's misconduct. The maximum payment per transaction is:
- A Connecticut real estate broker wants to hire an unlicensed assistant to show properties to buyers while the broker is out of town. This arrangement is:
- What is the minimum passing score required on the Connecticut real estate licensing examination?
- A Connecticut broker receives trust funds from a buyer's earnest money deposit. The broker must deposit these funds into the escrow account within:
- An applicant for a Connecticut real estate salesperson license who has been convicted of a felony within the past 5 years should expect the Connecticut Real Estate Commission to:
Practice More Connecticut Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Connecticut Quiz →