COLORADO POST TEST 1 EXAMINATION TEST
2026 QUESTIONS WITH ANSWERS GRADED
A+
◉ The Colorado Real Estate Commission would investigate a complaint
A)
from an associate broker over a dispute regarding commissions with the
employing broker.
B)
about a broker not supplying closing statements at closing.
C)
from a buyer regarding a broker not disclosing that someone was
murdered on the property.
D)
by the public involving a broker's ethics. Answer: The answer is about a
broker not supplying closing statements at closing. The Colorado Real
Estate Commission must investigate any situation in which a broker is
guilty of breaking the law. Brokers are required to provide closing
statements at closing. The Commission does not handle ethics violations
or disputes between buyers, and stigmatized property law protects the
broker from disclosing a murder.
◉ A broker renewing a Colorado license is required to have how many
hours of continuing education over what period of time?
,A)
36 hours over 4 years
B)
24 hours over 3 years
C)
8 hours over 2 years
D)
24 hours over 4 years. Answer: The answer is 24 hours over 3 years. The
law requires a total of 24 hours of continuing education, of which 12
must be from Annual Commission Update courses, with all education
completed over 3 years.
◉ An active broker may fulfill the continuing education requirement for
a three-year renewal cycle by any of the following EXCEPT
A)
taking 24 hours of approved continuing education courses.
B)
taking and passing the state section of the broker licensing exam.
C)
taking the national section of the broker licensing exam.
D)
completing 12 hours of commission updates and 12 elective hours of
approved continuing education. Answer: The answer is taking the
national section of the broker licensing exam. The broker can take and
,pass the state portion of the licensing exam or take 24 hours of
continuing education by completing 12 hours of updates and 12 hours of
elective courses to meet the continuing education requirement. Taking
the national portion of the licensing exam will not give the broker any
credit.
◉ An inactive broker may do all of the following EXCEPT
A)
complete a contract form once the broker has given pricing information.
B)
prepare a CMA for a licensed broker who will then present it to the
buyer.
C)
sign checks from a brokerage firm's trust account.
D)
manage property as an employee of the landlord. Answer: The answer is
complete a contract form once the broker has given pricing information.
An inactive broker may not do anything that requires a license, such as
soliciting buyers and sellers, selling options, or listing property. Inactive
brokers may, as any unlicensed person, work as an employee to manage
property under a landlord, work as an unlicensed assistant, complete a
CMA for the broker to present, and be a signer on the firm's trust
account.
, ◉ Under Colorado real estate license law, which of the following
employees must have a real estate license? The employee who is
A)
selling real estate options.
B)
leasing gas rights for the company.
C)
reviewing lease agreements as part of the job.
D)
acting as an on-site property manager. Answer: The answer is selling
real estate options. Employees who lease or review leases as part of a
job are not required to have a real estate license. On-site property
managers are not required to be licensed.
◉ Brokers must renew their errors and omissions insurance
A)
no later than the first anniversary of their license renewal.
B)
each year on or before June 15.
C)
when they apply for their license.
D)
2026 QUESTIONS WITH ANSWERS GRADED
A+
◉ The Colorado Real Estate Commission would investigate a complaint
A)
from an associate broker over a dispute regarding commissions with the
employing broker.
B)
about a broker not supplying closing statements at closing.
C)
from a buyer regarding a broker not disclosing that someone was
murdered on the property.
D)
by the public involving a broker's ethics. Answer: The answer is about a
broker not supplying closing statements at closing. The Colorado Real
Estate Commission must investigate any situation in which a broker is
guilty of breaking the law. Brokers are required to provide closing
statements at closing. The Commission does not handle ethics violations
or disputes between buyers, and stigmatized property law protects the
broker from disclosing a murder.
◉ A broker renewing a Colorado license is required to have how many
hours of continuing education over what period of time?
,A)
36 hours over 4 years
B)
24 hours over 3 years
C)
8 hours over 2 years
D)
24 hours over 4 years. Answer: The answer is 24 hours over 3 years. The
law requires a total of 24 hours of continuing education, of which 12
must be from Annual Commission Update courses, with all education
completed over 3 years.
◉ An active broker may fulfill the continuing education requirement for
a three-year renewal cycle by any of the following EXCEPT
A)
taking 24 hours of approved continuing education courses.
B)
taking and passing the state section of the broker licensing exam.
C)
taking the national section of the broker licensing exam.
D)
completing 12 hours of commission updates and 12 elective hours of
approved continuing education. Answer: The answer is taking the
national section of the broker licensing exam. The broker can take and
,pass the state portion of the licensing exam or take 24 hours of
continuing education by completing 12 hours of updates and 12 hours of
elective courses to meet the continuing education requirement. Taking
the national portion of the licensing exam will not give the broker any
credit.
◉ An inactive broker may do all of the following EXCEPT
A)
complete a contract form once the broker has given pricing information.
B)
prepare a CMA for a licensed broker who will then present it to the
buyer.
C)
sign checks from a brokerage firm's trust account.
D)
manage property as an employee of the landlord. Answer: The answer is
complete a contract form once the broker has given pricing information.
An inactive broker may not do anything that requires a license, such as
soliciting buyers and sellers, selling options, or listing property. Inactive
brokers may, as any unlicensed person, work as an employee to manage
property under a landlord, work as an unlicensed assistant, complete a
CMA for the broker to present, and be a signer on the firm's trust
account.
, ◉ Under Colorado real estate license law, which of the following
employees must have a real estate license? The employee who is
A)
selling real estate options.
B)
leasing gas rights for the company.
C)
reviewing lease agreements as part of the job.
D)
acting as an on-site property manager. Answer: The answer is selling
real estate options. Employees who lease or review leases as part of a
job are not required to have a real estate license. On-site property
managers are not required to be licensed.
◉ Brokers must renew their errors and omissions insurance
A)
no later than the first anniversary of their license renewal.
B)
each year on or before June 15.
C)
when they apply for their license.
D)
