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Exam (elaborations)

Colorado Real Estate Exam Prep 2025 With 100% Correct Answers

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Annual plantings are generally considered to be: - correct answers personal property Designated brokerage does not include what? - correct answers A Real Estate Brokerage firm that consists of only 1 licensed natural person. Unless otherwise agreed, all earnest money shall be deposited in the brokers escrow or trust account not later than when? - correct answers 3 days after the broker received notice of acceptance of a sales contract. A listing licensee is responsible for accurately representing what? - correct answers The source of the square footage. In a buyer-agent situation, what responsibilities does the principal have to the agent? - correct answers He may have to pay a commission. The effort that brings about the desired result in a real estate sale is known as: - correct answers procuring cause When a broker signs the broker acknowledgment at the end of the residential contract to buy/sell, the broker is acknowledging what? - correct answers receipt of the earnest money deposit.

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Colorado Real Estate Prep 2025 With 100% Corr
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Institution
Colorado Real Estate Prep 2025 With 100% Corr
Course
Colorado Real Estate Prep 2025 With 100% Corr

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Uploaded on
April 15, 2025
Number of pages
4
Written in
2024/2025
Type
Exam (elaborations)
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Colorado Real Estate Exam Prep 2025
With 100% Correct Answers

Annual plantings are generally considered to be: - correct answers ✔✔personal property



Designated brokerage does not include what? - correct answers ✔✔A Real Estate Brokerage
firm that consists of only 1 licensed natural person.



Unless otherwise agreed, all earnest money shall be deposited in the brokers escrow or trust
account not later than when? - correct answers ✔✔3 days after the broker received notice of
acceptance of a sales contract.



A listing licensee is responsible for accurately representing what? - correct answers ✔✔The
source of the square footage.



In a buyer-agent situation, what responsibilities does the principal have to the agent? - correct
answers ✔✔He may have to pay a commission.



The effort that brings about the desired result in a real estate sale is known as: - correct answers
✔✔procuring cause



When a broker signs the broker acknowledgment at the end of the residential contract to
buy/sell, the broker is acknowledging what? - correct answers ✔✔receipt of the earnest money
deposit.



Building a $200,000 home in a neighborhood where other homes were valued at $100,000
would cause the new home to suffer a loss in value according to the principle of: - correct
answers ✔✔regression

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