CCR Colorado Contracts & Regulations study Guide Exam 2025-
2026\newest version with complete questions and accurate
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Which of the following must B
have a real estate license
in Colorado?
A. Anon-site manager of an
apartment
building performing the
customary duties of an on-
site manager.
B. A regularly salaried, on-site
manager of a condo
complex employed by a
homeowner association, who
also shows
and sells units in the complex,
for individual owners.
C. A real estate broker
licensed in another state
that receives a share of a
commission from a
Colorado real estate
broker.
D. A person employed by a
corporation who
negotiates the purchasing
of rights of way for
telecommunication lines.
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,8/29/25, 6:31 AM CCR Colorado Contracts & Regulations
If a licensee has violated the B
license law,
what is the maximum
monetary penalty the Real
Estate Commission may
impose?
A. A $2,500
administrative fine plus
damages to the
complainant.
B. A $2,500 administrative fine.
C. A $2,500 administrative
fine plus actual damages
plus punitive damages.
D. No fine, only license
suspension or
revocation.
A broker moves his office to D
the building next door and
neglects to inform the real
estate commission. What is
the status of the brokerage
license?
A. The license is revoked.
B. The license is cancelled and
only the
employed licensees may
conduct business.
C. The license is unaffected
so long as the broker
informs the commission
within thirty days.
D. The license is inactive
along with the licenses of
employed licensees.
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,8/29/25, 6:31 AM CCR Colorado Contracts & Regulations
When must a listing broker D
disclose to the buyer the
broker's working relationship
with the seller?
A. In writing at the time the
contract to buy and sell is
signed.
B. Orally before writing the
contract and in writing
before closing.
C. In writing before any
conversation or
discussion.
D. In writing before
providing specific real
estate assistance.
All the following in-company A
relationships are
acceptable for a one-
person
designated broker EXCEPT:
A. agent for the buyer and
transaction- broker for
the seller.
B. agent for the seller with
the buyer as an
unrepresented customer.
C. agent for the buyer with
seller as an
unrepresented
customer.
D. transaction-broker for
both buyer and seller.
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, 8/29/25, 6:31 AM CCR Colorado Contracts & Regulations
Your sellers had a radon A
test done when they bought
six years ago. That test
showed "action" levels of
radon in the basement
storeroom only. They must:
A. disclose the test results
and the age of the test.
B. disregard such an old test.
C. keep a basement window
open during the listing.
D. have a new test done now.
Which could NOT be a valid A
company
policy regarding in-company
transactions?
A. Represent seller as
seller's agent and buyer
as buyer's agent in the
same
transaction.
B. Represent seller as
seller's agent and buyer
as customers.
C. One Designated Broker
representing seller as
seller's agent and
another
Designated Broker
representing buyer as
transaction-broker.
D. Working with both seller
and buyer as transaction-
broker.
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