COLORADO BROKER POST-TEST QUESTIONS AND 100% CORRECT ANSWERS|LATEST 2025/2026|GRADED A+|VERIFIED

COLORADO BROKER POST-TEST QUESTIONS AND
100% CORRECT ANSWERS|LATEST
2025/2026|GRADED A+|VERIFIED

After closing, a buyer discovered that a suicide had recently occurred on the property. The buy
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er submitted a complaint to the Colorado Real Estate Commission against the listing broker for
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failing to disclose this fact. The Commission will
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A)

investigate the complaint, submit it to a hearing, and may revoke the license of the listing brok
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er.

B)

immediately suspend the license of the broker while awaiting a hearing.
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C)

void the sale and award the buyer money from the Recovery Fund.
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D)

dismiss the complaint because stigmatization of property is not considered a material fact. -
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B ANSWER- d



The Colorado Real Estate Commission would investigate a complaint
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A)

by the public involving a broker's ethics.
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B)

from a buyer regarding a broker not disclosing that someone was murdered on the property.
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C)

about a broker not supplying closing statements at closing.
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D)

from an associate broker over a dispute regarding commissions with the employing broker. -
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B ANSWER- c

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Wicky

,A broker renewing a Colorado license is required to have how many hours of continuing educa
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tion over what period of time?
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A)

8 hours over 2 years
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B)

24 hours over 4 years
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C)

36 hours over 4 years
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D)

24 hours over 3 years - ANSWER-
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An active broker may fulfill the continuing education requirement for a three-
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year renewal cycle by any of the following EXCEPT
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A)

taking the national section of the broker licensing exam.
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B)

taking and passing the state section of the broker licensing exam.
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C)

taking 24 hours of approved continuing education courses.
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D)

completing 12 hours of commission updates and 12 elective hours of approved continuing ed
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ucation. - ANSWER- B B a



An inactive broker may do all of the following EXCEPT
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A)

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Wicky

,manage property as an employee of the landlord.
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B)

complete a contract form once the broker has given pricing information.
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C)

prepare a CMA for a licensed broker who will then present it to the buyer.
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D)

sign checks from a brokerage firm's trust account. - ANSWER-
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Under Colorado real estate license law, which of the following employees must have a real est
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ate license? The employee who is
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A)

selling real estate options.
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B)

leasing gas rights for the company.
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C)

acting as an onsite property manager.
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D)

reviewing lease agreements as part of the job. - ANSWER-
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Brokers must renew their errors and omissions insurance
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A)

no later than the first anniversary of their license renewal.
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B)

each year on or before June 15.
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C)

when they apply for their license.
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Wicky

, D)

on or before December 31 of each year. - ANSWER-
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Jane is the employing broker of ABC Realty. All of the following are correct EXCEPT
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A)

all newspaper advertising must include ABC Realty in the ad.
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B)

Jane should have all of her employed broker associates sign the office policy.
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C)

both the brokerage firm and Jane will be required to have errors and omissions insurance.
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D)

as an employing broker, Jane will only need eight hours of continuing education every three ye
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ars. - ANSWER-
B B d



Who could accept referral fees earned in the past six months?
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A)

A broker with a license on inactive status for the past year
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B)

A licensed broker who was a sole proprietor and now works for a large firm
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C)

An unlicensed property manager of a building reporting to the owner
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D)

An unlicensed representative selling new homes - ANSWER-
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All are true of earnest money EXCEPT
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Wicky