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Colorado Contracts and Regulations
Questions and Answers Latest 2026
In the Denver Bar Association versus the Title Guaranty
Company _____________. Ans: the court ruled that title
companies, unlike real estate brokers, could not prepare
legal documents for others.
True or False: Using their best judgment, Brokers are
allowed to "fill in the blanks" on non- commission
approved pre-printed forms like warranty deeds and
leases. Ans: True
Conway-Bogue Decision (June 10, 1957)
the practice of real estate agents preparing certain legal
documents (deeds, contracts for sale, deeds of trust,
promissory notes, mortgages, leases, etc.) in the course of
doing business, and the practice of giving legal advice as
to the legal effect of the documents to parties to a
transaction.
What language must be stated in Addendums (not
commission approved) to contracts? Ans: "This
addendum has not been approved by the Colorado Real
Estate Commission. "
You are considered _______________ if you promote the
sale or lease of a subdivision. Ans: a developer
© 2025 All rights reserved
, 2 | Page
True or False: The Colorado Fair Housing Act prohibits
discrimination based on age? Ans: False
1959 the Colorado Fair Housing Act prohibits
discrimination based on Ans: race, creed, color, national
origin or ancestry
1969:'Sex' was added
1973: 'Marital status' and 'religion' were added
1977:'Physical disability' was added (disability includes
physical and mental disabilities)
2008: 'Sexual orientation' and 'gender identity' were
added
Corporations or businesses that are private clubs do not
fall under the Colorado Fair Housing Act if __________.
Ans: the supply of housing is not part of their
commercial purpose.
All of the following are considered unfair housing
practices except _____________. Ans: an ad that states,
"college students need not apply."
The Colorado Fair Housing Act does not apply to
____________. Ans: owners renting out a room in their
personal home.
True or False: If a broker has a buyer and seller sign a
purchase contract that is no longer the current
© 2025 All rights reserved
Colorado Contracts and Regulations
Questions and Answers Latest 2026
In the Denver Bar Association versus the Title Guaranty
Company _____________. Ans: the court ruled that title
companies, unlike real estate brokers, could not prepare
legal documents for others.
True or False: Using their best judgment, Brokers are
allowed to "fill in the blanks" on non- commission
approved pre-printed forms like warranty deeds and
leases. Ans: True
Conway-Bogue Decision (June 10, 1957)
the practice of real estate agents preparing certain legal
documents (deeds, contracts for sale, deeds of trust,
promissory notes, mortgages, leases, etc.) in the course of
doing business, and the practice of giving legal advice as
to the legal effect of the documents to parties to a
transaction.
What language must be stated in Addendums (not
commission approved) to contracts? Ans: "This
addendum has not been approved by the Colorado Real
Estate Commission. "
You are considered _______________ if you promote the
sale or lease of a subdivision. Ans: a developer
© 2025 All rights reserved
, 2 | Page
True or False: The Colorado Fair Housing Act prohibits
discrimination based on age? Ans: False
1959 the Colorado Fair Housing Act prohibits
discrimination based on Ans: race, creed, color, national
origin or ancestry
1969:'Sex' was added
1973: 'Marital status' and 'religion' were added
1977:'Physical disability' was added (disability includes
physical and mental disabilities)
2008: 'Sexual orientation' and 'gender identity' were
added
Corporations or businesses that are private clubs do not
fall under the Colorado Fair Housing Act if __________.
Ans: the supply of housing is not part of their
commercial purpose.
All of the following are considered unfair housing
practices except _____________. Ans: an ad that states,
"college students need not apply."
The Colorado Fair Housing Act does not apply to
____________. Ans: owners renting out a room in their
personal home.
True or False: If a broker has a buyer and seller sign a
purchase contract that is no longer the current
© 2025 All rights reserved
