CT Real Estate case studies
CT Real Estate · Put your knowledge to work in context.
The Connecticut Real Estate Salesperson license is the entry-level credential that permits an individual to engage in real estate brokerage in Connecticut while affiliated with and supervised by a licensed Connecticut broker. It is the credential sought by people entering residential and commercial sales, leasing, and property marketing, and it is issued and regulated by the Connecticut Department of Consumer Protection (DCP), the state agency responsible for real estate licensing, licensee conduct, and consumer complaints. The CT Real Estate case studies are 5 cases and about 2,092 words.
1In-House Listing and an Unsigned Dual-Agency Consent
A brokerage holds an exclusive right-to-sell listing on a 1926 Colonial listed at 465,000. A buyer who signed an exclusive buyer-agency agreement with the same brokerage wants to see it.
439 words, about 2 min2Oral 'We Have a Deal' and a Backup Offer
A buyer emails a 512,000 offer on a condominium: 10% deposit, 21-day mortgage contingency, 45-day closing. The listing agent texts back, 'Seller accepts-signed copy tonight.' Relying on that, the buyer pays 650 for an inspection, locks the rate for a $1,200 fee, and gives notice to her landlord.
413 words, about 2 min3Fence, Driveway, and a 20-Year Understanding
Buyer contracts to buy a 2.1-acre Connecticut property. The survey shows the neighbor's split-rail fence encloses an 18-inch strip of the subject parcel along the entire 300-foot side, and the neighbor's gravel driveway crosses 12 feet onto the property to reach a garage.
419 words, about 2 min4Appraisal Gap on a 1905 Three-Decker
Buyer has a signed contract to purchase a 1905 three-decker for 410,000. She is preapproved for a 30-year fixed loan at 80% loan-to-value and has 86,000 liquid; she expects 8,000 in closing costs.
401 words, about 2 min5Wire Instructions, a Wet Basement, and a Municipal Lien
Closing is set for Friday at 10 a.m. On Thursday the buyer's agent receives an email that appears to be from the closing attorney, directing the buyer to wire 68,450 to a new account.
420 words, about 2 min