Connecticut License Law
A Connecticut real estate salesperson has been found to have made material misrepresentations to buyers about a property's condition. Under Connecticut license law, this may result in:
AOnly a written warning
BLicense suspension or revocation, fines, and potential civil liability for damages to the buyer✓ Correct
COnly referral to the National Association of REALTORS®
DNo action since real estate errors are treated as civil matters only
Explanation
Material misrepresentation to a buyer is a serious professional violation. The Connecticut Real Estate Commission may suspend or revoke the license and impose fines. The buyer may also have civil remedies including rescission of the contract or damages, and the seller may have claims against the agent.
Related Connecticut Connecticut License Law Questions
- A Connecticut real estate salesperson switches from one broker to another. What must happen to the salesperson's license?
- To maintain an active Connecticut real estate license, a licensee must complete continuing education:
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- How many continuing education hours must a Connecticut real estate licensee complete for each renewal cycle?
- The Connecticut Real Estate Commission is housed within which state agency?
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- Which of the following is an example of 'misrepresentation' that could result in disciplinary action against a Connecticut licensee?
- The Connecticut Real Estate Commission has the authority to impose which of the following disciplinary actions?
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