COLORADO REAL ESTATE CORE EXAM TEST 2026
QUESTIONS AND SOLUTIONS RATED A+
✔✔Who pay to have the title company prepare the documents - ✔✔Listine agent
✔✔Title company is called - ✔✔Scrivner
✔✔How many days is required to mediate for if a dispute happens from the time of
dispute - ✔✔30 days
✔✔Who writes an addendum to a contract - ✔✔Principals (buy or seller) or an attorney -
NEVER the agent
✔✔Name the 5 versions of Contract to buy and sell Real Estate forms - ✔✔1.
Residential
2.Income Residential
3.Comercial
4..Land
5. Colorado Residential Foreclosure Act
✔✔What does a counterproposal affect - ✔✔Contract to buy and sell - creates a
novation
✔✔When do you use the Agreement o amend /extend contract - ✔✔only under Under
contract affects the contract to buy and sell
✔✔When would you use the Agreement to amend/extend contract with Broker - ✔✔to
change listing price, to extend the listing contract - changes the exclusive right to
buy/sell
✔✔When would you use the Change of status disclosure - ✔✔When you are changing
the relationship from agency to transaction broker
✔✔Lead based paint disclosure is required when - ✔✔the building permit is issues
before January 1, 1978
✔✔Who is required to sign the Lead based paint Disclosure - ✔✔Buyer/Seller, listing
broker and selling broker
✔✔If the lead based paint disclosure is not completed and signed by everyone what
happens to the contact - ✔✔Void- Unlawful
✔✔Who completes the square footage disclosure - ✔✔Listing agent only
, ✔✔Who signs the square footage disclosure - ✔✔buyer and seller and the listing broker
✔✔What is listing agent responsible for on the square footage disclosure - ✔✔Stating
that the listing agent got the measurements from a reliable source and which one
✔✔True or false: The square footage disclosure is used for pricing and appraisal -
✔✔False: marketing ONLY
✔✔What is the buyers agent role in the square footage disclosure - ✔✔to make sure
there is no obvious mismeasurements
✔✔Who are disclosure always signed by and why - ✔✔seller and buyer - to
acknowledge that they recieved
✔✔Who completes the sellers property disclosure - ✔✔Seller ONLY
✔✔Is the seller property disclosure mandatory - ✔✔No - the water source disclosure is
required or the section with the water source inside the sellers property disclosure is
required
✔✔Seller completes the sellers property disclosure to... - ✔✔their current and actual
knowledge
✔✔Who signs the inspection objection notice - ✔✔Buyer
✔✔Can the buyer withdraw the inspection objection notice and how - ✔✔Yes, the
bottom section of the inspection objection notice
✔✔Who signs the inspection resolution - ✔✔Buyer and seller
✔✔If the buyer wants to terminate the contract due to the inspection which form would
they use - ✔✔Notice to terminate and would have to provide a copy of the appraisal or a
lender letter
✔✔Who fills out the closing instructions - ✔✔Seller - purpose is to give instructions to
the title company
✔✔At closing of a property, who is most likely to pay the discount points and loan
origination fees? - ✔✔Buyer
✔✔Rule F - ✔✔Forms- if an approved form is available the agent must use it
QUESTIONS AND SOLUTIONS RATED A+
✔✔Who pay to have the title company prepare the documents - ✔✔Listine agent
✔✔Title company is called - ✔✔Scrivner
✔✔How many days is required to mediate for if a dispute happens from the time of
dispute - ✔✔30 days
✔✔Who writes an addendum to a contract - ✔✔Principals (buy or seller) or an attorney -
NEVER the agent
✔✔Name the 5 versions of Contract to buy and sell Real Estate forms - ✔✔1.
Residential
2.Income Residential
3.Comercial
4..Land
5. Colorado Residential Foreclosure Act
✔✔What does a counterproposal affect - ✔✔Contract to buy and sell - creates a
novation
✔✔When do you use the Agreement o amend /extend contract - ✔✔only under Under
contract affects the contract to buy and sell
✔✔When would you use the Agreement to amend/extend contract with Broker - ✔✔to
change listing price, to extend the listing contract - changes the exclusive right to
buy/sell
✔✔When would you use the Change of status disclosure - ✔✔When you are changing
the relationship from agency to transaction broker
✔✔Lead based paint disclosure is required when - ✔✔the building permit is issues
before January 1, 1978
✔✔Who is required to sign the Lead based paint Disclosure - ✔✔Buyer/Seller, listing
broker and selling broker
✔✔If the lead based paint disclosure is not completed and signed by everyone what
happens to the contact - ✔✔Void- Unlawful
✔✔Who completes the square footage disclosure - ✔✔Listing agent only
, ✔✔Who signs the square footage disclosure - ✔✔buyer and seller and the listing broker
✔✔What is listing agent responsible for on the square footage disclosure - ✔✔Stating
that the listing agent got the measurements from a reliable source and which one
✔✔True or false: The square footage disclosure is used for pricing and appraisal -
✔✔False: marketing ONLY
✔✔What is the buyers agent role in the square footage disclosure - ✔✔to make sure
there is no obvious mismeasurements
✔✔Who are disclosure always signed by and why - ✔✔seller and buyer - to
acknowledge that they recieved
✔✔Who completes the sellers property disclosure - ✔✔Seller ONLY
✔✔Is the seller property disclosure mandatory - ✔✔No - the water source disclosure is
required or the section with the water source inside the sellers property disclosure is
required
✔✔Seller completes the sellers property disclosure to... - ✔✔their current and actual
knowledge
✔✔Who signs the inspection objection notice - ✔✔Buyer
✔✔Can the buyer withdraw the inspection objection notice and how - ✔✔Yes, the
bottom section of the inspection objection notice
✔✔Who signs the inspection resolution - ✔✔Buyer and seller
✔✔If the buyer wants to terminate the contract due to the inspection which form would
they use - ✔✔Notice to terminate and would have to provide a copy of the appraisal or a
lender letter
✔✔Who fills out the closing instructions - ✔✔Seller - purpose is to give instructions to
the title company
✔✔At closing of a property, who is most likely to pay the discount points and loan
origination fees? - ✔✔Buyer
✔✔Rule F - ✔✔Forms- if an approved form is available the agent must use it
