COLORADO REAL ESTATE EXAM NEWEST 2026
ACTUAL EXAM QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) ALL
ANSWERED {75 Q & A} ALREADY GRADED A+ |
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A Colorado broker associate referred her client to a broker in
Florida. The Florida broker called to tell her that the buyer's
property in Florida will close soon and she wants to know where
to send the referral fee. Which of the following is TRUE about this
referral fee?
A) The broker associate must deposit the fee into a trust account
for holding until after closing.
B) The fee must be made payable to the brokerage firm.
C) The broker associate does not need to inform anyone of the
fee and can deposit it into her personal account.
D) The broker associate needs to split the fee 50/50 with the
brokerage. - ✔✔✔ Correct Answer > B) The fee must be made payable
to the brokerage firm.
Under Colorado's real estate law, which of the following is NOT
true?
A) All agency agreements must be in writing.
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B) An agent who is representing the sale of his own property can
act as a transaction-broker to the buyer.
C) The type of brokerage relationship the firm offers is, by law,
required to be in writing.
D) A real estate agent is a single agent. - ✔✔✔ Correct Answer > B) An
agent who is representing the sale of his own property can act
as a transaction-broker to the buyer.
Duties of the Colorado Real Estate Commission include all of the
following EXCEPT
A) Investigation of verified written complaints.
B) Approving errors and omissions carriers.
C) Creating the Annual Commission Update course each year.
D) Hearing disputes between brokers. - ✔✔✔ Correct Answer > D)
Hearing disputed between brokers.
Which of the following could a Colorado real estate broker use
toward meeting the 12 hours of required elective continuing
education credits?
A) An exam prep class taken to prepare for the state portion of
the licensing exam
B) A brokerage firm's orientation and personal marketing course
C) Passing the national portion of the broker licensing exam
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D) The National Association of REALTORS® ethics course - ✔✔✔
Correct Answer > D) The National Association of REALTORS® ethics
course
Errors and omissions professional liability insurance is required
for all of the following EXCEPT
A) Inactive licensees.
B) Active licensees.
C) All license applicants.
D) Employing brokers. - ✔✔✔ Correct Answer > A) Inactive licensees.
A broker completed all of her required continuing education, but
15 days after her anniversary date, she still has not paid renewal
fees for her license. What is the current status of her license?
A) Inactive and may not sell real estate
B) Active but may not sell real estate
C) Expired
D) Active and may sell real estate if she pays within 30 days -
✔✔✔ Correct Answer > B) Active but may not sell real estate
All of the following are required to have an active Colorado real
estate license EXCEPT
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A) An attorney who lists and sells property in addition to
practicing law.
B) A mortgage broker who helps buyers find and buy homes.
C) A business opportunity salesperson selling a franchise with a
leasehold estate.
D) An attorney selling property as part of an estate. - ✔✔✔ Correct
Answer > D) An attorney selling property as part of an estate.
Brokers selling real estate must renew their license and errors
and omission insurance every
A) Three years for the license and every two years for the errors
and omissions insurance.
B) Year for the license and every three years for the errors and
omissions insurance.
C) Three years for the license and every year for the errors and
omissions insurance.
D) Three years for the license and every three years for the
errors and omissions insurance. - ✔✔✔ Correct Answer > C) Three
years for the license and every year for the errors and omissions
insurance.
A broker associate works for All Star Realty™. The broker must
ensure all advertising, including social media, has the