Contracts
Which type of listing allows the seller to sell the property themselves without owing the broker a commission?
AExclusive right-to-sell listing
BExclusive agency listing✓ Correct
CNet listing
DOpen listing
Explanation
In an exclusive agency listing, the broker is the exclusive agent but the seller retains the right to sell the property personally without paying a commission. If the broker or any other agent finds the buyer, the commission is owed.
Related Connecticut Contracts Questions
- A Connecticut purchase contract that is signed under duress (e.g., threats of physical harm) is best characterized as:
- A Connecticut seller accepts an offer on Friday evening. The buyer's agent sends the signed contract by email. The buyer's agent claims the contract is binding upon email delivery. Under the Connecticut UETA (Uniform Electronic Transactions Act):
- A Connecticut purchase agreement includes a mortgage contingency. If the buyer cannot obtain financing, the buyer may:
- A Connecticut listing agreement that does not specify a termination date is:
- When a Connecticut seller makes a change to a buyer's offer and returns it to the buyer, what type of contract exists at that moment?
- A Connecticut purchase and sale agreement requires the property to be in 'substantially the same condition' as when the offer was accepted. The buyer discovers significant water damage that occurred after the offer was accepted but before closing. The buyer may:
- A Connecticut seller's counteroffer states 'This counteroffer expires at 5:00 PM on Friday.' The buyer signs the counteroffer at 3:00 PM Friday but the seller does not learn of the acceptance until Monday. Is there a binding contract?
- A contract that is 'void' in Connecticut is best described as:
Practice More Connecticut Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Connecticut Quiz →