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Exam (elaborations)
STATE OF COLORADO SALES LICENSE TEST QUESTIONS AND CORRECT ANSWERS| VERIFIED!!| LATEST UPDATE
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---51November 20252025/2026A+
- 1. In Colorado, how long must a broker retain all trust account records? 
a) 1 year 
b) 3 years 
c) 5 years 
d) 7 years 
ANSWER: b) 3 years 
 
2. A salesperson's license is placed on inactive status. What must the salesperson do to engage in real estate activities? 
a) Nothing, they can still practice under their broker. 
b) Work under the supervision of an active broker. 
c) They cannot engage in any real estate activities. 
d) Only perform administrative tasks. 
ANSWER: c) They cannot engag...
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