Connecticut License Law
Under Connecticut law, a real estate licensee must disclose to a buyer that they have a personal financial interest in a property they are selling when:
AThe commission exceeds 6%
BThe licensee is the owner or has an ownership interest in the property✓ Correct
CThe property is listed below market value
DOnly if the buyer specifically asks
Explanation
Connecticut law requires a licensee to disclose any personal ownership interest or financial stake in a property being offered for sale, as this creates a potential conflict of interest.
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