COLORADO REAL ESTATE EXAM QUESTIONS (CONTRACTS AND REGS) AND 100% CORRECT ANSWERS|LATEST 2025/2026|GRADED A+

COLORADO REAL ESTATE EXAM QUESTIONS
(CONTRACTS AND REGS) AND 100% CORRECT
ANSWERS|LATEST 2025/2026|GRADED A+

The Colorado Real Estate Commission was formed to: - ANSWER-
B B B B B B B B B a. standardize testing
B B




b. uniform forms
B B




c. regulate licenses
B B




d. protect the public
B B B



B




D. a, b & c are all elements of the Commission's duties but "Protect The Public" is the reason fo
B B B B B B B B B B B B B B B B B B B



r their existance.
B B




When a licensee transfers from the employ of one broker to another, of the following who is r
B B B B B B B B B B B B B B B B B



esponsible for surrendering the license to the Real Estate Commission: - ANSWER-
B B B B B B B B B B B



A licensee and his former employing broker are jointly responsible for returning real est
B B B B B B B B B B B B B



ate licenses to the commission.
B B B B




In Colorado, all of the following would be required to obtain a real estate license except: -
B B B B B B B B B B B B B B B B



B ANSWER- a. a time share salesperson
B B B B




b. a resident property manager who is an employee of a building owner
B B B B B B B B B B B B




B c. a property manager managing properties for multiple owners
B B B B B B B B




d. a commercial real estate broker
B B B B B



B




B. A rental referral agent is not required to have a real estate license. The other three are requi
B B B B B B B B B B B B B B B B B B



red to have a license.
B B B B




A licensee, who is guilty of an act that is grounds for disciplinary action, may: - ANSWER-
B B B B B B B B B B B B B B B B



a. be subject to criminal prosecution
B B B B B




b. have his/her license suspended or revoked
B B B B B B




c. be subject to civil prosecution
B B B B B




d. all of the above
B B B B



B




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Wicky

, D. The real estate commission may suspend or revoke a license. Brokers may also be subjected
B B B B B B B B B B B B B B B



to criminal prosecutions as a result of certain criminal acts. Licenses are never automatically r
B B B B B B B B B B B B B B B



evoked or suspended, however. In all cases, a hearing must be held to determine.
B B B B B B B B B B B B B




The Colorado Real Estate Commission can investigate a licensee in all cases except: - ANSWER-
B B B B B B B B B B B B B B



a. improper supervision by a managing broker
B B B B B B




b. not cooperating with a broker in the MLS
B B B B B B B B




c. when a valid complaint is received
B B B B B B



B




B. Disputes between brokers, cooperating through the MLS a (Multiple Listing Service), are res
B B B B B B B B B B B B B



olved through mediation at the Association of Realtors or in the courts.
B B B B B B B B B B B




With regard to where to keep Colorado real estate licensees: - ANSWER-
B B B B B B B B B B B



An associate broker's license must always be in his/her broker's office.
B B B B B B B B B B




When a licensee misrepresents facts in property sales, they are subject to which action? -
B B B B B B B B B B B B B B



B ANSWER- a. Paying a fine to the county in which the misrepresentation occurred
B B B B B B B B B B B




b. Immediately having their license suspended by the Real Estate Commission
B B B B B B B B B B




c. Having a hearing before the Real Estate Commission
B B B B B B B B




d. Immediately having their license revoked by the Real Estate Commission
B B B B B B B B B B




C. A licensee is always under the jurisdiction of the real estate commission. Acts of fraud may a
B B B B B B B B B B B B B B B B B



lso require a broker to appear in civil or criminal court.
B B B B B B B B B B




A Colorado broker may pay a part or all of his commission to a state licensed appraiser: T or F?
B B B B B B B B B B B B B B B B B B B B



- ANSWER-
B



False. However, Brokers may pay their own agents or other principal Brokers in any stat
B B B B B B B B B B B B B B



e.



Colorado Commission Rule E-35 regarding disclosure of agency relationships requires: -
B B B B B B B B B B



B ANSWER- E-35 requires the written disclosure of agency relationships.
B B B B B B B




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Wicky