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Colorado Real Estate Exam Prep Questions and Answers 100% Pass
Colorado Real Estate Exam Prep 
Questions and Answers 100% Pass 
If a Seller carries back $12,000 at 10 percent interest and closes on July 9 with the first 
loan payment due September 1, the interest on the new loan on the settlement 
worksheet will be: - Correct Answer ️️ -$75.62 Debit Buyer & Credit Seller 
At a minimum an independent broker's written office policy must identify and describe: - 
Correct Answer ️️ -The relationships offered to the public by such broker 
Unless modifie...
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- Exam (elaborations)
- • 10 pages •
Colorado Real Estate Exam Prep 
Questions and Answers 100% Pass 
If a Seller carries back $12,000 at 10 percent interest and closes on July 9 with the first 
loan payment due September 1, the interest on the new loan on the settlement 
worksheet will be: - Correct Answer ️️ -$75.62 Debit Buyer & Credit Seller 
At a minimum an independent broker's written office policy must identify and describe: - 
Correct Answer ️️ -The relationships offered to the public by such broker 
Unless modifie...
Colorado Real Estate Exam Prep State Portion Section 5, Forms and Contracts 100% Correct
Colorado Real Estate Exam Prep State Portion Section 
5, Forms and Contracts 100% Correct 
The Supreme Court decision in the Conway-Bogue case relating to the practice of law 
by real estate brokers and employed licensees stated: - Correct Answer ️️ -Colorado 
licensees completing standard form are practicing law and have a limited permission to 
do so. 
The purpose of Commission Rule F relating to approved forms is to: - Correct Answer ️️ 
-help insure the brokers compliance with the Co...
- Package deal
- Exam (elaborations)
- • 10 pages •
Colorado Real Estate Exam Prep State Portion Section 
5, Forms and Contracts 100% Correct 
The Supreme Court decision in the Conway-Bogue case relating to the practice of law 
by real estate brokers and employed licensees stated: - Correct Answer ️️ -Colorado 
licensees completing standard form are practicing law and have a limited permission to 
do so. 
The purpose of Commission Rule F relating to approved forms is to: - Correct Answer ️️ 
-help insure the brokers compliance with the Co...
Colorado Practice Test for PSI Questions and Answers 100% Pass
Colorado Practice Test for PSI 
Questions and Answers 100% Pass 
The brokerage firm owns the listing contract and has designated a broker to represent 
the seller. In this case, the designated broker: 
A. performs the services and represents the seller. 
B. is an employing broker, both represent the seller. 
C. is not supervised by the employing broker. 
D. will be an agent of the buyer. - Correct Answer ️️ -performs the services and 
represents the seller. 
Only a designated broker has an a...
- Package deal
- Exam (elaborations)
- • 55 pages •
Colorado Practice Test for PSI 
Questions and Answers 100% Pass 
The brokerage firm owns the listing contract and has designated a broker to represent 
the seller. In this case, the designated broker: 
A. performs the services and represents the seller. 
B. is an employing broker, both represent the seller. 
C. is not supervised by the employing broker. 
D. will be an agent of the buyer. - Correct Answer ️️ -performs the services and 
represents the seller. 
Only a designated broker has an a...
Colorado Contracts & Regulations Unit Questions and Answers 100% Pass
Colorado Contracts & Regulations Unit 
Questions and Answers 100% Pass 
It is possible for the public to get the address and number of a licensee from the Real 
Estate Commission. 
1. True 
2. False - Correct Answer ️️ -1 
If you practice real estate without a license you will be prosecuted by 
1. the sheriff. 
2. the attorney general. 
3. a district attorney. 
4. the Real Estate Commission. - Correct Answer ️️ -3 
An individual who charges a fee to sell options on real estate must have ...
- Package deal
- Exam (elaborations)
- • 50 pages •
Colorado Contracts & Regulations Unit 
Questions and Answers 100% Pass 
It is possible for the public to get the address and number of a licensee from the Real 
Estate Commission. 
1. True 
2. False - Correct Answer ️️ -1 
If you practice real estate without a license you will be prosecuted by 
1. the sheriff. 
2. the attorney general. 
3. a district attorney. 
4. the Real Estate Commission. - Correct Answer ️️ -3 
An individual who charges a fee to sell options on real estate must have ...
Colorado Contract to Buy and Sell Real Estate Questions and Answers 100% Pass
Colorado Contract to Buy and Sell Real Estate 
Questions and Answers 100% Pass 
Real Property - Correct Answer ️️ -will be included in the sale, unless specifically 
excluded in the contract under the exclusions section & fixtures will transfer with real 
property in the deed 
Due Diligence - Correct Answer ️️ -when something is leased 
Division of Water Resource - Correct Answer ️️ -a well is not a water right - it is a well 
permit 
Dates and deadlines - Correct Answer ️️ -only...
- Package deal
- Exam (elaborations)
- • 5 pages •
Colorado Contract to Buy and Sell Real Estate 
Questions and Answers 100% Pass 
Real Property - Correct Answer ️️ -will be included in the sale, unless specifically 
excluded in the contract under the exclusions section & fixtures will transfer with real 
property in the deed 
Due Diligence - Correct Answer ️️ -when something is leased 
Division of Water Resource - Correct Answer ️️ -a well is not a water right - it is a well 
permit 
Dates and deadlines - Correct Answer ️️ -only...
PSI Colorado RE - Colorado Forms and Contracts Questions and Answers 100% Pass
PSI Colorado RE - Colorado Forms and Contracts 
Questions and Answers 100% Pass 
single party listing - Correct Answer ️️ -broker or seller has prospective buyer in mind 
- only valid if that prospect buys 
listing is only a few days 
Should have no hold over 
can use the exclusive right to sell or lease contract but must add commission specific 
provisions 
buyer representation agreement/Exclusive Right to Buy Listing Contract - Correct 
Answer ️️ -An agreement setting out a principal-a...
- Package deal
- Exam (elaborations)
- • 8 pages •
PSI Colorado RE - Colorado Forms and Contracts 
Questions and Answers 100% Pass 
single party listing - Correct Answer ️️ -broker or seller has prospective buyer in mind 
- only valid if that prospect buys 
listing is only a few days 
Should have no hold over 
can use the exclusive right to sell or lease contract but must add commission specific 
provisions 
buyer representation agreement/Exclusive Right to Buy Listing Contract - Correct 
Answer ️️ -An agreement setting out a principal-a...
Colorado Real Estate Exam Prep #2 Questions and Answers 100% Pass
Colorado Real Estate Exam Prep #2 
Questions and Answers 100% Pass 
A buyer creates liquidated damages in the sales contract by - Correct Answer ️️ - 
Doing nothing, the contract will default to liquidated damages 
Colorado Common Interest Ownership Act requires: - Correct Answer ️️ -real property 
to be described in a declaration which obligates an individual unit owner to pay property 
tax, ins. premiums, maintenance or improvement on some declared real property owned 
in common 
When ...
- Package deal
- Exam (elaborations)
- • 9 pages •
Colorado Real Estate Exam Prep #2 
Questions and Answers 100% Pass 
A buyer creates liquidated damages in the sales contract by - Correct Answer ️️ - 
Doing nothing, the contract will default to liquidated damages 
Colorado Common Interest Ownership Act requires: - Correct Answer ️️ -real property 
to be described in a declaration which obligates an individual unit owner to pay property 
tax, ins. premiums, maintenance or improvement on some declared real property owned 
in common 
When ...
Colorado Real Estate Math Questions and Answers 100% Pass
Colorado Real Estate Math Questions and 
Answers 100% Pass 
A real estate agent is paid $200.00 a month salary and a 2 ½ % commission on 
everything sold over $150,000 in one year. If the agent makes $22,000 one year. How 
much did the agent sell? 
784000 
634000 
934000 
880000 - Correct Answer ️️ -934000 
$200 X 12 = $2,400 (total salary); $22,000 - $2,400 = $19,600 (total commission sales) / 
.025 (commission rate) = $784,000 (sales above $150,000 that earned the $19,600 
commission) + $...
- Package deal
- Exam (elaborations)
- • 38 pages •
Colorado Real Estate Math Questions and 
Answers 100% Pass 
A real estate agent is paid $200.00 a month salary and a 2 ½ % commission on 
everything sold over $150,000 in one year. If the agent makes $22,000 one year. How 
much did the agent sell? 
784000 
634000 
934000 
880000 - Correct Answer ️️ -934000 
$200 X 12 = $2,400 (total salary); $22,000 - $2,400 = $19,600 (total commission sales) / 
.025 (commission rate) = $784,000 (sales above $150,000 that earned the $19,600 
commission) + $...
Earth Science Exam Review 2024 with Complete Solutions
Hondros Nursing 172 Exam 2 Questions and Answers 100% Pass
Oregon Pesticide Examination: Ornamental and Turf Herbicide Questions and Answers 100% Pass
Xcel Solutions Property & Casualty Exam Questions and Answers
INSY-3303 FINAL EXAM STUDY GUIDE WITH COMPLETE SOLUTIONS
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