COLORADO REAL ESTATE MOCK FINAL 2025 EXAM QUESTIONS AND 100% CORRECT ANSWERS|2025/2026|VERIFIED AND GUARANTEED A+

COLORADO REAL ESTATE EXAM
QUESTIONS AND ANSWERS|LATEST
2025/2026|VERIFIED

A designated broker shall be permitted to reveal confidential information to a supervising bro
B B B B B B B B B B B B B



ker when - ANSWER-
B B B



The designated broker has the informed consent of the party she is working with
B B B B B B B B B B B B B




The mediation clause in the approved Contract to Buy and Sell Real Estate requires the buyer a
B B B B B B B B B B B B B B B B



nd seller to - ANSWER-
B B B B Share equally in the cost of a mediator
B B B B B B B




Agreement to Amend/Extend Contract - ANSWER- B B B B B



Can amend dates and terms only by mutual agreement of the parties to the Contract to
B B B B B B B B B B B B B B B



B Buy and Sell B B




The Lead-Based Paint Disclosure (Sales) must be signed by the seller and real estate licensees -
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B ANSWER- If the property is intended for any type of residential use
B B B B B B B B B B




If a seller elects, in the listing contract, to provide a buyer with a seller's property disclosure fo
B B B B B B B B B B B B B B B B B



rm, it must be - ANSWER-
B B B B B Signed by the seller and verified by the listing broker
B B B B B B B B B




Under the Colorado Real Estate Commission rules, a listing broker who receives an earnest mo
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ney deposit on a sales contract MUST deposit the earnest money in a trust account - ANSWER-
B B B B B B B B B B B B B B B B



no later than the third business day after he is notified of the acceptance of the contrac
B B B B B B B B B B B B B B B B



t



When forms of a sales contract other than those approved by the Colorado real estate commis
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sions are used in transaction, they may be prepared by - ANSWER-
B B B B B B B B B B B



the broker representing one of the parties
B B B B B B




1
Wicky

, The sale of a six-
B B B B



unit apartment complex will close on April 20. The seller is holding a security deposit of $750 f
B B B B B B B B B B B B B B B B B



or each unit. How will these deposits be handled at the closing? - ANSWER-
B B B B B B B B B B B B B



$4,500 debit buyer, credit seller B B B B




Which of the following statements does NOT apply to the use of computer-
B B B B B B B B B B B B



generated forms in Colorado? - ANSWER- B B B B B



Blank spaces on forms may be completed by the broker prior to negotiation
B B B B B B B B B B B B




How frequently MUST a broker reconcile an active escrow account? - ANSWER-
B B B B B B B B B B B



Monthly



In the event of a dispute over earnest money, the Contract to Buy and Sell Real Estate states th
B B B B B B B B B B B B B B B B B B



at the broker - ANSWER-
B B B B



May hold the money until written instructions are received from the buyer and the sell
B B B B B B B B B B B B B B



er



Under a Colorado Real Estate Commission approved Counterproposal, which of the following
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statements Is CORRECT? - ANSWER- B B B B



A counterproposal should incorporate the terms of the listing agreement
B B B B B B B B B




In which of the following circumstances would it be MOST important to advise a buyer to inves
B B B B B B B B B B B B B B B B



tigate the water rights associated with a property? - ANSWER-
B B B B B B B B B



A residential buyer looking for a home in a subdivision with a lake.
B B B B B B B B B B B B




A transaction-broker owes the seller the duty to disclose the - ANSWER-
B B B B B B B B B B B



Buyer's financial inability to complete the purchase
B B B B B B




If a security system installed in a home is leased by the seller - ANSWER-
B B B B B B B B B B B B B B



The buyer may contractually agree to accept the system
B B B B B B B B




2
Wicky