COLORADO REAL ESTATE FINAL DEFINITIONS EXAM REVIEW QUESTIONS AND ANSWERS|LATEST 2025/2026|GUARANTEED PASS|VERIFIED

COLORADO REAL ESTATE FINAL DEFINITIONS EXAM
REVIEW QUESTIONS AND ANSWERS|LATEST
2025/2026|GUARANTEED PASS|VERIFIED

Describing property by degrees, feet, and monuments is called:
B B B B B B B B




A) Maps and Plats System
B B B B




B) Rectangular Survey System
B B B




C) Metes and Bounds
B B B




D) Lots and Block - ANSWER-
B B B B B C) Metes and Bounds
B B B




A defect or a cloud of title of a property is best cured by:
B B B B B B B B B B B B B




A) Quitclaim Deed
B B




B) Partition Action
B B




C) Obtaining Title Insurance
B B B




D) Repudiating adverse claims - ANSWER-
B B B B B A) Quitclaim Deed
B B




If a tenant pays taxes, insurance, their share of common area maintenance, as well as a month
B B B B B B B B B B B B B B B B



ly fixed rent, he has what type of lease?
B B B B B B B B




A) Net Lease
B B




B) Gross Lease
B B




C) Percentage Lease
B B




D) Graduated Lease - ANSWER-
B B B B A) Net Lease
B B




The earth's surface extending downward to the center of the earth and upward into space, inc
B B B B B B B B B B B B B B B



luding all things permanently attached, but not the rights such as an easement, is known as:
B B B B B B B B B B B B B B B




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, A) Real Property
B B




B) Real Estate
B B




C) Land
B




D) Bundle of Legal Rights - ANSWER-
B B B B B B B) Real Estate
B B




The permanent right to use another's land for the benefit of a neighboring parcel is known as:
B B B B B B B B B B B B B B B B




A) An Easement in Gross
B B B B




B) An Appurtenant Easement
B B B




C) Easement by Necessity
B B B




D) License - ANSWER-
B B B B) An Appurtenant Easement
B B B




This document that defines the relationship between the real estate firm and the seller is the:
B B B B B B B B B B B B B B B




A) Listing Agreement
B B B




B) Exclusive Agency Contract
B B B




C) Purchase Contract
B B




D) Disclosure Statement - ANSWER-
B B B B A) A Listing Agreement
B B B




A listing contract under which the broker's commission is contingent upon his producing a rea
B B B B B B B B B B B B B B



dy, willing, and able buyer before the property is sold by the seller or another broker is known
B B B B B B B B B B B B B B B B B B



as:



A) An Exclusive Listing
B B B




B) A Net Listing
B B B




C) An Exclusive Right to Sell Listing
B B B B B B




D) An Open Listing - ANSWER-
B B B B B D) An Open Listing
B B B




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