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Colorado State Prep Exam Questions And
Answers 100% Pass
Duties of the Colorado Real Estate Commission include all of the following EXCEPT -
ANS hearing disputes between brokers.
A buyer in a closed transaction has filed a complaint with the Colorado Real Estate Commission,
claiming the buyer's agent misrepresented the property. The Commission, in responding to a
complaint, would - ANS request the agent/broker supply a response in writing.
Which of the following could a Colorado real estate broker use toward meeting the 12 hours of
required elective continuing education credits? - ANS The National Association of REALTORS®
ethics course
Errors and omissions professional liability insurance is required for all of the following EXCEPT -
ANS inactive licensees.
A broker completed all of her required continuing education, but 15 days after her anniversary
date, she still has not paid renewal fees for her license. What is the current status of her
license? - ANS Active but may not sell real estate
All of the following are required to have an active Colorado real estate license EXCEPT -
ANS an attorney selling property as part of an estate.
, ©EVERLY 2025 ALL RIGHTS RESERVED
Brokers selling real estate must renew their license and errors and omission insurance every -
ANS three years for the license and every year for the errors and omissions insurance.
A broker associate works for All Star Realty™. The broker must ensure all advertising, including
social media, has the - ANS brokerage's name as registered with the Colorado Real Estate
Commission.
A Colorado broker associate referred her client to a broker in Florida. The Florida broker called
to tell her that the buyer's property in Florida will close soon and she wants to know where to
send the referral fee. Which of the following is TRUE about this referral fee? - ANS The fee
must be made payable to the brokerage firm.
A broker developed a website to advertise the broker's office with the brokerage's name,
location, and phone number. What additional information does the broker need to include? -
ANS No need for any additional disclosures
As part of the requirement to supervise all associate brokers in the firm, the employing broker
would be required to do all of the following EXCEPT - ANS attend, or have a qualified broker
attend, all listing appointments, showings, and closings of any newly licensed broker associate
for the first month of licensure.
In Colorado, real estate commissions are negotiated - ANS between the parties.
An employing broker leaving town can delegate supervision of a broker associate to all of the
following EXCEPT - ANS an unlicensed office manager.
A broker has been approached by a neighbor to list the neighbor's home. The property is
currently listed with another company and the neighbor said she only has two weeks left on the
listing contract. The broker should - ANS list the property but make sure the new listing
contract does not start until the expiration of the current listing.
Colorado State Prep Exam Questions And
Answers 100% Pass
Duties of the Colorado Real Estate Commission include all of the following EXCEPT -
ANS hearing disputes between brokers.
A buyer in a closed transaction has filed a complaint with the Colorado Real Estate Commission,
claiming the buyer's agent misrepresented the property. The Commission, in responding to a
complaint, would - ANS request the agent/broker supply a response in writing.
Which of the following could a Colorado real estate broker use toward meeting the 12 hours of
required elective continuing education credits? - ANS The National Association of REALTORS®
ethics course
Errors and omissions professional liability insurance is required for all of the following EXCEPT -
ANS inactive licensees.
A broker completed all of her required continuing education, but 15 days after her anniversary
date, she still has not paid renewal fees for her license. What is the current status of her
license? - ANS Active but may not sell real estate
All of the following are required to have an active Colorado real estate license EXCEPT -
ANS an attorney selling property as part of an estate.
, ©EVERLY 2025 ALL RIGHTS RESERVED
Brokers selling real estate must renew their license and errors and omission insurance every -
ANS three years for the license and every year for the errors and omissions insurance.
A broker associate works for All Star Realty™. The broker must ensure all advertising, including
social media, has the - ANS brokerage's name as registered with the Colorado Real Estate
Commission.
A Colorado broker associate referred her client to a broker in Florida. The Florida broker called
to tell her that the buyer's property in Florida will close soon and she wants to know where to
send the referral fee. Which of the following is TRUE about this referral fee? - ANS The fee
must be made payable to the brokerage firm.
A broker developed a website to advertise the broker's office with the brokerage's name,
location, and phone number. What additional information does the broker need to include? -
ANS No need for any additional disclosures
As part of the requirement to supervise all associate brokers in the firm, the employing broker
would be required to do all of the following EXCEPT - ANS attend, or have a qualified broker
attend, all listing appointments, showings, and closings of any newly licensed broker associate
for the first month of licensure.
In Colorado, real estate commissions are negotiated - ANS between the parties.
An employing broker leaving town can delegate supervision of a broker associate to all of the
following EXCEPT - ANS an unlicensed office manager.
A broker has been approached by a neighbor to list the neighbor's home. The property is
currently listed with another company and the neighbor said she only has two weeks left on the
listing contract. The broker should - ANS list the property but make sure the new listing
contract does not start until the expiration of the current listing.
