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colorado post test 2 EXAM Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026 !!

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9/16/25, 6:48 PM colorado post test 2 EXAM Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026 !! Flashcards | Quizlet




colorado post test 2 EXAM Questions & Answers |
Latest Already Graded A+ UPDATE 2025|2026 !!

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Terms in this set (74)


The buyers say they have The answer is answer if the seller has given the broker
been told that a murder written permission. The stigmatized property law
had been committed on states that the broker may disclose a fact like a murder
the property and ask the only if the broker has the seller's written permission.
listing broker if this is true. This is true regardless of how and who the broker
The listing broker may represents.
A)
answer if the information
has been in the news.
B)
answer because the
buyers asked a direct
question.
C)
answer if the seller has
given the broker written
permission.
D)
tell the buyers to ask the
neighbors because they
are not covered by the
law.




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,9/16/25, 6:48 PM colorado post test 2 EXAM Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026 !! Flashcards | Quizlet


The Colorado Real Estate The answer is a personal assistant writing checks for a
Commission would trust account. Licensed or unlicensed assistants may
consider all of the sign on trust accounts, so this would not be a license
following to be potential law violation. Brokers may not manage their personal
license law violations property in the same account as other properties.
EXCEPT Employing brokers must have a written office policy.
A)
a personal assistant
writing checks for a trust
account.
B)
an employing broker who
uses a verbal office policy
to designate brokers and
establish the firm's
brokerage relationships.
C)
a broker managing
personal property and
others' property in the
same trust account.
D)
a complaint about a
broker filed by a seller.

Renewal of a Colorado The answer is 4. All active brokers are required to
license requires have a total of 24 hours of continuing education every
completion of continuing three years: 4 hours of ACU (Annual Commission
education. How many Updates) each year for a total of 12 hours, along with
hours of Annual 12 hours of elective CE education.
Commission Updates
(ACU) are required each
year?
A) 3
B) 4
C) 8
D) 21

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,9/16/25, 6:48 PM colorado post test 2 EXAM Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026 !! Flashcards | Quizlet


All broker licenses need The answer is the anniversary date. All broker's
to be renewed no later licenses expire and need to be renewed on the
than anniversary of when the license became active, not
A) when the broker passed the exam.
the day before the
anniversary date.
B)
the birthday of the broker.
C)
the anniversary date of
passing the state licensing
exam.
D)
the anniversary date.

An inactive broker The answer is may work for a new home sales
A) development. Inactive brokers may, as any unlicensed
should carry errors and person can, work in new home sales. They do not
omissions insurance. need an office or E&O insurance, but they will have to
B) complete 24 hours of continuing education in order
will have to take and pass to activate their license, which could be met by taking
the state exam in order to and passing the state exam. Taking the exam is not a
activate the license. requirement.
C)
may work for a new home
sales development.
D)
must keep an office open
to the public.




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, 9/16/25, 6:48 PM colorado post test 2 EXAM Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026 !! Flashcards | Quizlet


Which of the following The answer is an executor of an estate selling a home.
would NOT require an The executor is treated like a For Sale by Owner and
active real estate license? does not need a license. Attorneys who list and sell
A) real estate must have an active license. Anyone selling
Sales of franchise rights time-shares in Colorado must have a license. An
that include a leasehold assistant who is acting as a broker (by writing offers)
estate must have a license. Sales of franchises with a real
B) estate interest require a license.
An attorney listing and
selling time-shares
C)
A real estate assistant
showing homes and
helping to write offers
D)
An executor of an estate
selling a home

Errors and omissions The answer is year on December 31. E&O is an annual
(E&O) insurance renews insurance that renews on December 31.
every
A)
year on the licensee's
anniversary date.
B)
three years on December
31.
C)
three years on the
licensee's anniversary
date.
D)
year on December 31.




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