Colorado Real Estate Vocabulary Questions and Answers with Verified
Solutions | Latest 2026 Update
Q: designated broker
Answer:
a broker designated in writing by an employing broker to serve as a single
consists of only one licensed person)
Q: deficiency judgment
Answer:
a lien against borrowers remaining assets in an amount equal to the
shortage between a foreclosure sale price less than the indebtedness owed.
Q: defeasible fee (base-qualified fee)
Answer:
a fee interest in land that is capable of being defeated or
terminated upon the happening of a specified event
,Colorado Real Estate Vocabulary Questions and Answers with Verified
Solutions | Latest 2026 Update
Q: dedication
Answer:
transfer of land from private to public use, as streets in a platted subdivision
Q: debenture
Answer:
bonds issued without specific security and are secured only by the overall equity
of the issuer
Q: covenant
Answer:
promise or agreement to do or not to do certain acts - stipulations in real estate
conveyance doc governing use of the property
Q: conventional mortgage
Answer:
loan secured by private investors
,Colorado Real Estate Vocabulary Questions and Answers with Verified
Solutions | Latest 2026 Update
Q: controller
Answer:
chief accounting executive of an organization reponsible for financial reporting,
tax admin, management audits, planning controls, developing accounting systems
and
procedures.
Q: constructive or legal notice
Answer:
the conclusive presumption that all persos have knowledge of
the contents of a recorded instrument
Q: construction mortgage
Answer:
short term loan used to finance th building of a structure
, Colorado Real Estate Vocabulary Questions and Answers with Verified
Solutions | Latest 2026 Update
Q: condemnation
Answer:
property taken for public use with compensation to the owner under right of
eminent domain
Q: community property
Answer:
property acquired by a husband and wife during marriage
Q: common interest community
Answer:
individual unit owner pays property tax, insurance premiums,
maintenance or improvement on some declared real property owned in common
Q: commingling
Answer:
mixing money belonging to others with personal or business funds
Solutions | Latest 2026 Update
Q: designated broker
Answer:
a broker designated in writing by an employing broker to serve as a single
consists of only one licensed person)
Q: deficiency judgment
Answer:
a lien against borrowers remaining assets in an amount equal to the
shortage between a foreclosure sale price less than the indebtedness owed.
Q: defeasible fee (base-qualified fee)
Answer:
a fee interest in land that is capable of being defeated or
terminated upon the happening of a specified event
,Colorado Real Estate Vocabulary Questions and Answers with Verified
Solutions | Latest 2026 Update
Q: dedication
Answer:
transfer of land from private to public use, as streets in a platted subdivision
Q: debenture
Answer:
bonds issued without specific security and are secured only by the overall equity
of the issuer
Q: covenant
Answer:
promise or agreement to do or not to do certain acts - stipulations in real estate
conveyance doc governing use of the property
Q: conventional mortgage
Answer:
loan secured by private investors
,Colorado Real Estate Vocabulary Questions and Answers with Verified
Solutions | Latest 2026 Update
Q: controller
Answer:
chief accounting executive of an organization reponsible for financial reporting,
tax admin, management audits, planning controls, developing accounting systems
and
procedures.
Q: constructive or legal notice
Answer:
the conclusive presumption that all persos have knowledge of
the contents of a recorded instrument
Q: construction mortgage
Answer:
short term loan used to finance th building of a structure
, Colorado Real Estate Vocabulary Questions and Answers with Verified
Solutions | Latest 2026 Update
Q: condemnation
Answer:
property taken for public use with compensation to the owner under right of
eminent domain
Q: community property
Answer:
property acquired by a husband and wife during marriage
Q: common interest community
Answer:
individual unit owner pays property tax, insurance premiums,
maintenance or improvement on some declared real property owned in common
Q: commingling
Answer:
mixing money belonging to others with personal or business funds
