Colorado Real Estate | State Test Prep Questions and Answers with
Verified Solutions | Latest 2026 Update
Q: What can an unlicensed personal assistant do and not do?
Answer:
(Section 3, p. 21) CAN: Provide administrative and secretarial duties, host an open
house and share preprinted information, prepare a CMA under supervision, install
yard signs, greet clients/customers. CANNOT: Negotiate in any way, provide
counsel or education on real estate matters, do real estate activities requiring a
license.
Q: What is sign■crossing?
Answer:
(Section 3, p. 21) Seeking to establish an agency relationship with a agency
relationship upon the expiration or termination of their current agency contract.
Q: How long must a broker keep past records?
Answer:
(Section 3, p. 19) Four years -Brokers must keep closing statements, agency
agreements and a complete file.
,Colorado Real Estate | State Test Prep Questions and Answers with
Verified Solutions | Latest 2026 Update
Q: Who owns the listing contract?
Answer:
Who owns the relationship with the client? (Section 3, p. 20) The listing contract is
between the brokerage firm and the client. The relationship and obligation of duties
are between the designated licensee (designated broker) and the client.
Q: To whom can temporary licenses be issued by the CREC?
Answer:
(Section 2, p. 11) Corporations and LLCs for 90 days with an additional 90 day
renewal.
Q: Must an employing broker attend a new broker associate's first closing?
Answer:
(Section 3, p. 17) No.
, Colorado Real Estate | State Test Prep Questions and Answers with
Verified Solutions | Latest 2026 Update
Q: Will the CREC investigate disputes between a broker associate and his
employing broker?
Answer:
(Section 1, p. 8) No.
Q: What must an office manual contain?
Answer:
(Section 3, p. 17) A policy about "agency".
Q: be a commission re■negotiation.
Answer:
Q: Is a listing contract without a termination date considered to be valid?
Answer:
(Section 3, p. 20) No, there must be a termination date
Verified Solutions | Latest 2026 Update
Q: What can an unlicensed personal assistant do and not do?
Answer:
(Section 3, p. 21) CAN: Provide administrative and secretarial duties, host an open
house and share preprinted information, prepare a CMA under supervision, install
yard signs, greet clients/customers. CANNOT: Negotiate in any way, provide
counsel or education on real estate matters, do real estate activities requiring a
license.
Q: What is sign■crossing?
Answer:
(Section 3, p. 21) Seeking to establish an agency relationship with a agency
relationship upon the expiration or termination of their current agency contract.
Q: How long must a broker keep past records?
Answer:
(Section 3, p. 19) Four years -Brokers must keep closing statements, agency
agreements and a complete file.
,Colorado Real Estate | State Test Prep Questions and Answers with
Verified Solutions | Latest 2026 Update
Q: Who owns the listing contract?
Answer:
Who owns the relationship with the client? (Section 3, p. 20) The listing contract is
between the brokerage firm and the client. The relationship and obligation of duties
are between the designated licensee (designated broker) and the client.
Q: To whom can temporary licenses be issued by the CREC?
Answer:
(Section 2, p. 11) Corporations and LLCs for 90 days with an additional 90 day
renewal.
Q: Must an employing broker attend a new broker associate's first closing?
Answer:
(Section 3, p. 17) No.
, Colorado Real Estate | State Test Prep Questions and Answers with
Verified Solutions | Latest 2026 Update
Q: Will the CREC investigate disputes between a broker associate and his
employing broker?
Answer:
(Section 1, p. 8) No.
Q: What must an office manual contain?
Answer:
(Section 3, p. 17) A policy about "agency".
Q: be a commission re■negotiation.
Answer:
Q: Is a listing contract without a termination date considered to be valid?
Answer:
(Section 3, p. 20) No, there must be a termination date
