Connecticut License Law
Which of the following activities requires a Connecticut real estate license?
AA property owner selling their own home
BAn attorney managing estate property for a client
CA person negotiating a lease for commercial space on behalf of another for compensation✓ Correct
DA property manager employed directly by an owner to manage one building
Explanation
Negotiating leases or sales of real property on behalf of another person for compensation requires a Connecticut real estate license. Owners selling their own property and attorneys acting in their professional capacity are exempt.
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Key Terms to Know
Lien
A financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
EasementA non-possessory right to use another person's land for a specific purpose.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
State-Specific Concepts
License Law
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