Connecticut License Law
The Connecticut Real Estate Commission's Guaranty Fund is designed to:
APay real estate agents who don't receive their commissions
BCompensate members of the public who suffer losses due to a licensee's fraud or misrepresentation✓ Correct
CFund continuing education programs for licensees
DPay for license examination development
Explanation
Connecticut's Real Estate Guaranty Fund compensates members of the public who have suffered losses caused by the fraudulent, dishonest, or incompetent acts of a licensed Connecticut real estate agent.
Related Connecticut Connecticut License Law Questions
- Under Connecticut law, which of the following would NOT need a real estate license?
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