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Colorado Real Estate Exam Re
Questions and Answers Latest 2026
According to the Colorado Licensing Law, in order for a
non-resident to become a broker: Ans: • he must meet
Colorado licensing law only
• he must be involved in real estate in his home state
• he must be 21 and have been involved in real estate for
two years.
> he must be a broker from his home state and pass
Colorado licensing laws, but need not open an office in
Colorado
The minimum age requirement for a license in Colorado
is 18.
In order to obtain a non-residential license an applicant
must be a broker in his own state and comply with
Colorado licensing laws. It is not necessary to have an
office in Colorado but a Colorado trust account is
When a licensee misrepresents facts in property sales,
they are subject to which action? Ans: • Paying a fine to
the county in which the misrepresentation occurred
• Immediately having their license suspended by the Real
Estate Commission
© 2025 All rights reserved
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>>>Having a hearing before the Real Estate
Commission<<<
• Immediately having their license revoked by the Real
Estate Commission.
A licensee is always under the jurisdiction of the real
estate commission. Acts of fraud may also require a
broker to appear in civil or criminal court.
An ad in the newspaper must appear under the name of:
Ans: • the branch office
>>>the broker of record<<<
• the listing licensee
• none of the above
All advertising must contain the name of the employing
broker.
If a licensee's license has been canceled because her
broker's license was canceled: Ans: >>>she may have her
license transferred without charge to another employing
broker<<<
• she should complete all unfinished transactions before
transferring her license to another broker
• she must pay a license activation fee when joining
another employing broker
© 2025 All rights reserved
, 3 | Page
• she must pass the state exam and then join another
employing broker
Canceled is not the same thing as terminated; when a
licensee has had his license canceled because his brokers
license has been canceled, no business may be transacted
until the license is active again.
A licensee has outstanding earned commissions; quits
her employing broker and goes to work for another
broker. How does she receive the commissions that are
due from her first broker? Ans: >>>Direct from her first
broker<<<
• From the first broker, but paid to the second broker
• She no longer has rights to the commission
• Through the Real Estate Commission
The only time an agent may receive a commission from
someone other than her employing broker is when she
has a commission due from her previous broker.
Which one of the following funds should not be placed in
the real estate trust account? Ans: • Earnest money
• Rental collections
• Installment land contract collections
>>>Insurance premiums<<<
© 2025 All rights reserved
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Every active real estate licensee must be covered by
errors and omissions insurance. What is the highest
deductible per occurrence allowed by the Commission?
Ans: $1000
One thousand dollars is the maximum deductible per
occurrence allowed.
A listing agreement may be terminated for all but which
of the following reasons? Ans: • Agreement of the parties
>>>Death of the agent who took the listing<<<
• Destruction of the premises
• Sale of the property
The parties to a listing agreement are the Seller and a
Brokerage Firm. The licensee is the person signing on
behalf of the Brokerage Firm. The death of the licensee
does not in itself terminate the listing contract as the
agent was not a party to the agreement. The death of
either the Seller, Sale of the property, Agreement of the
parties, Destruction of the premises or the dissolution of
the Brokerage Firm would terminate the listing
agreement..
All but which of the following are essential elements in
the formation of a contract? Ans: • Acceptance
• Consideration
© 2025 All rights reserved
Colorado Real Estate Exam Re
Questions and Answers Latest 2026
According to the Colorado Licensing Law, in order for a
non-resident to become a broker: Ans: • he must meet
Colorado licensing law only
• he must be involved in real estate in his home state
• he must be 21 and have been involved in real estate for
two years.
> he must be a broker from his home state and pass
Colorado licensing laws, but need not open an office in
Colorado
The minimum age requirement for a license in Colorado
is 18.
In order to obtain a non-residential license an applicant
must be a broker in his own state and comply with
Colorado licensing laws. It is not necessary to have an
office in Colorado but a Colorado trust account is
When a licensee misrepresents facts in property sales,
they are subject to which action? Ans: • Paying a fine to
the county in which the misrepresentation occurred
• Immediately having their license suspended by the Real
Estate Commission
© 2025 All rights reserved
, 2 | Page
>>>Having a hearing before the Real Estate
Commission<<<
• Immediately having their license revoked by the Real
Estate Commission.
A licensee is always under the jurisdiction of the real
estate commission. Acts of fraud may also require a
broker to appear in civil or criminal court.
An ad in the newspaper must appear under the name of:
Ans: • the branch office
>>>the broker of record<<<
• the listing licensee
• none of the above
All advertising must contain the name of the employing
broker.
If a licensee's license has been canceled because her
broker's license was canceled: Ans: >>>she may have her
license transferred without charge to another employing
broker<<<
• she should complete all unfinished transactions before
transferring her license to another broker
• she must pay a license activation fee when joining
another employing broker
© 2025 All rights reserved
, 3 | Page
• she must pass the state exam and then join another
employing broker
Canceled is not the same thing as terminated; when a
licensee has had his license canceled because his brokers
license has been canceled, no business may be transacted
until the license is active again.
A licensee has outstanding earned commissions; quits
her employing broker and goes to work for another
broker. How does she receive the commissions that are
due from her first broker? Ans: >>>Direct from her first
broker<<<
• From the first broker, but paid to the second broker
• She no longer has rights to the commission
• Through the Real Estate Commission
The only time an agent may receive a commission from
someone other than her employing broker is when she
has a commission due from her previous broker.
Which one of the following funds should not be placed in
the real estate trust account? Ans: • Earnest money
• Rental collections
• Installment land contract collections
>>>Insurance premiums<<<
© 2025 All rights reserved
, 4 | Page
Every active real estate licensee must be covered by
errors and omissions insurance. What is the highest
deductible per occurrence allowed by the Commission?
Ans: $1000
One thousand dollars is the maximum deductible per
occurrence allowed.
A listing agreement may be terminated for all but which
of the following reasons? Ans: • Agreement of the parties
>>>Death of the agent who took the listing<<<
• Destruction of the premises
• Sale of the property
The parties to a listing agreement are the Seller and a
Brokerage Firm. The licensee is the person signing on
behalf of the Brokerage Firm. The death of the licensee
does not in itself terminate the listing contract as the
agent was not a party to the agreement. The death of
either the Seller, Sale of the property, Agreement of the
parties, Destruction of the premises or the dissolution of
the Brokerage Firm would terminate the listing
agreement..
All but which of the following are essential elements in
the formation of a contract? Ans: • Acceptance
• Consideration
© 2025 All rights reserved
