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Colorado Real Estate Exam - State
Portion Questions and Answers Latest
2026
A real estate broker filling out a listing agreement finds
that there is not enough room for the legal description.
The broker may: Ans: Attach the legal description as
information may be added outside the body of the
contract
A licensee may accept compensation from: Ans: The
licensees employing broker only
When a licensee uses a licensee buyout addendum you
are putting the seller on notice that: Ans: The buyer is a
licensee, the buyer may make a profit and the seller may
incur a loss.
When must a listing broker disclose to a potential buyer
the broker's working relationship with the seller? Ans: In
writing before receiving or eliciting confidential
information
Agent Mike is the broker owner of AAA Realty, a trade
name registered with the state of Colorado and licensed
with the Colorado Real Estate Commission. Which of the
following is correct? Ans: All licensees employed by Mike
must only do business under AAA Realty
© 2025 All rights reserved
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According to Real Estate Commission rules - who has
responsibility for the accuracy of a closing? Ans: The
designated broker, the employing broker and any
substitute broker
A new loan for $165,000 is taken out at 6 1/2 % by the
buyer the closing is May 16. How will the interest be
shown on the settlement sheet? Ans: $470.13 debit to the
buyer, credit to the broker
For a deed to be valid in Colorado, which of the following
must be true concerning the grantor's signature? Ans:
The grantor's signature is required
The Colorado law that requires real estate contracts to be
in writing is called the: Ans: Statue of frauds
A Seller signs an offer prior to the acceptance time and
date. Before the offer is returned to the Buyer, the Buyer
withdraws the offer. This offer is: Ans: void and not
binding as it was withdrawn before delivery to the Buyer
When a Seller decides to submit a Counterproposal in
response to a Contract to Buy and Sell, the Seller: Ans:
Carefully signs and submits only the Counterproposal
Earnest money checks received by a broker in connection
with a real estate purchase contract must be; Ans: Placed
in brokers escrow account within 3 days of acceptance of
contract.
How is the broker's fee usually shown on the settlement
statement? Ans: Debit to the seller, credit to the broker
© 2025 All rights reserved
Colorado Real Estate Exam - State
Portion Questions and Answers Latest
2026
A real estate broker filling out a listing agreement finds
that there is not enough room for the legal description.
The broker may: Ans: Attach the legal description as
information may be added outside the body of the
contract
A licensee may accept compensation from: Ans: The
licensees employing broker only
When a licensee uses a licensee buyout addendum you
are putting the seller on notice that: Ans: The buyer is a
licensee, the buyer may make a profit and the seller may
incur a loss.
When must a listing broker disclose to a potential buyer
the broker's working relationship with the seller? Ans: In
writing before receiving or eliciting confidential
information
Agent Mike is the broker owner of AAA Realty, a trade
name registered with the state of Colorado and licensed
with the Colorado Real Estate Commission. Which of the
following is correct? Ans: All licensees employed by Mike
must only do business under AAA Realty
© 2025 All rights reserved
, 2 | Page
According to Real Estate Commission rules - who has
responsibility for the accuracy of a closing? Ans: The
designated broker, the employing broker and any
substitute broker
A new loan for $165,000 is taken out at 6 1/2 % by the
buyer the closing is May 16. How will the interest be
shown on the settlement sheet? Ans: $470.13 debit to the
buyer, credit to the broker
For a deed to be valid in Colorado, which of the following
must be true concerning the grantor's signature? Ans:
The grantor's signature is required
The Colorado law that requires real estate contracts to be
in writing is called the: Ans: Statue of frauds
A Seller signs an offer prior to the acceptance time and
date. Before the offer is returned to the Buyer, the Buyer
withdraws the offer. This offer is: Ans: void and not
binding as it was withdrawn before delivery to the Buyer
When a Seller decides to submit a Counterproposal in
response to a Contract to Buy and Sell, the Seller: Ans:
Carefully signs and submits only the Counterproposal
Earnest money checks received by a broker in connection
with a real estate purchase contract must be; Ans: Placed
in brokers escrow account within 3 days of acceptance of
contract.
How is the broker's fee usually shown on the settlement
statement? Ans: Debit to the seller, credit to the broker
© 2025 All rights reserved
