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Exam (elaborations)

Colorado Real Estate 2026 Exam Test Questions And Solutions Rated

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COLORADO REAL ESTATE 2026 EXAM TEST QUESTIONS AND SOLUTIONS RATED

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COLORADO REAL ESTATE 2026 EXAM TEST QUESTIONS
AND SOLUTIONS RATED A+
✔✔In a single party listing, which of the following provisions or contingencies does NOT
apply?
A) Holdover
B) Financing
C) Mediation
D) Commission - ✔✔A) Holdover

✔✔A broker lists the square footage of a new listing in the marketing materials. The
listing broker must do all of the following EXCEPT
A) List the method used to measure the property.
B) Verify that the buyer received a copy of the disclosure.
C) Personally measure or hire someone to measure the property.
D) Give the form to the buyer in a timely manner. - ✔✔C) Personally measure or hire
someone to measure the property.

✔✔All of the following are true of Colorado Commission-approved real estate forms
EXCEPT
A) If a form is approved, all active, licensed brokers must use it.
B) Brokers may use a standard form if they like it better, even if there is an approved
form.
C) Attorneys representing a brokerage firm cannot draft a purchase contract for the firm
to use, even if it is for a specific transaction.
D) Attorneys may draft any transaction-specific real estate forms or contracts for the
parties they represent. - ✔✔B) Brokers may use a standard form if they like it better,
even if there is an approved form.

✔✔In Colorado, a number of approved forms are used by brokers. A listing broker
asked a seller to complete the approved Seller's Property Disclosure for a residential
property. All of the following are true about this form EXCEPT
A) It is filled out to the best of the seller's current actual knowledge.
B) The seller may refuse to provide the disclosure but must still give a written list of all
known material defects of the property.
C) It is required by law to be given to the buyer as part of the Contract to Buy and Sell.
D) Brokers should never fill out this form because it is the seller's disclosure. - ✔✔C) It
is required by law to be given to the buyer as part of the Contract to Buy and Sell.

✔✔The holdover clause in the approved Exclusive Right-to-Sell Listing Contract form
protects the broker's commission for certain disclosed buyers
A) For up to six months after the listing expires.
B) For a negotiated time unless the seller lists the property with another broker after
expiration.

, C) For a negotiated time even if the seller lists the property with another broker after
expiration.
D) Only during the term of the listing and any extensions. - ✔✔B) For a negotiated time
unless the seller lists the property with another broker after expiration.

✔✔All of the following may draft a specific contract to buy and sell EXCEPT
A) The listing brokerage firm's attorney.
B) The seller's attorney.
C) The seller or the buyer.
D) The buyer's attorney. - ✔✔A) The listing brokerage firm's attorney.

✔✔Colorado-approved contracts contain a clause that states the parties agree to
mediate if they have a dispute. All of the following are true of the clause EXCEPT
A) It is not a negotiable choice.
B) The parties will jointly agree on a mediator and split the cost equally.
C) A signed resolution will be binding on all parties.
D) If the parties mediate, they may not proceed to arbitration or litigation. - ✔✔D) If the
parties mediate, they may not proceed to arbitration or litigation.

✔✔Which of the following is TRUE of a broker who attaches an addendum he drafted,
but was not negotiated by the parties, to a purchase contract?
A) The contract would be voidable.
B) This is not an issue if the broker's attorney reviewed the addendum.
C) The broker is in violation of Rule F.
D) The broker should have used a commission-approved form. - ✔✔C) The broker is in
violation of Rule F.

✔✔A broker has a signed Exclusive Right-To-Buy Listing Contract. The broker may get
her commission from
A) The buyer, the seller, or the listing broker.
B) Only from the listing broker or the seller; the buyer is under no obligation to pay.
C) The listing broker who must pay the negotiated fee at closing.
D) The buyer who must pay the fee at closing. - ✔✔A) The buyer, the seller, or the
listing broker.

✔✔A listing broker, using the Exclusive Right-to-Sell Listing Contract or Exclusive Right-
to-Buy Listing Contract, would be obligated as part of the Brokerage Services and
Uniform Duties to do all of the following EXCEPT
A) Account in a timely manner for all money and property received.
B) Advise the seller or the buyer to obtain expert advice.
C) Verify the accuracy or completeness of the sellers' or the buyers' statements.
D) Close the property if the listing expires but there is an active Contract to Buy and
Sell. - ✔✔C) Verify the accuracy or completeness of the sellers' or the buyers'
statements.

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