COLORADO REAL ESTATE FINAL EXAM BUNDLE. VERIFIED.

COLORADO REAL ESTATE EXAM PREP QUESTIONS & ANSWERS, GRADED A+/ An owner of real estate possesses certain rights, including: possession of the property control of the property disposition of the property all of the above - -all of the above Possession, control and disposition of ownership are...

COLORADO STATE REAL ESTATE EXAM QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+ The Amend/Extend Contract With Broker is used to change : - -Any contract to which the broker is a party According to Rule F on Commission Approved Contracts what sections may be omitted from the Contract to Buy ...

COLORADO REAL ESTATE – CONTRACTS EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ "MEC" in a contract means: A. Mutual Execution of Contract B. Must Exit Contract C. Multiple Element Contingency D. Multiple Easement Criteria - -A. Mutual Execution of Contract In Contract to B...

COLORADO REAL ESTATE STATE EXAM REVIEW QUESTIONS AND ANSWERS/ VERIFIED. If a licensee adds an addendum, that he has created, to the Contract to Buy and Sell Real Estate, the licensee: - --A. should only use a commission-approved addendum form. B. is acting as a transaction broker by writing an...

COLORADO REAL ESTATE PRACTICE EXAM QUESTIONS (MARCH 2023) EXAM REVIEW QUESTIONS AND ANSWERS.VERIFIED. A change of business address or employment without notification to the commission results in what? The commission shall revoke the license in three months. The commission shall automatically mo...

COLORADO REAL ESTATE PRACTICE EXAM PART 1 QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED Which of the following requires the use of the Licensee Buyout Addendum to the Contract to Buy and Sell? - -An associate is offering a guarantee buyout arrangement as an inducement to list with his or her com...

COLORADO REAL ESTATE NATIONAL EXAM PRACTICE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. which of these is a correct formula for calculations related to income-producing property? - -rate of return x value = net operating income an optioner and optionee entered into an option contrac...

COLORADO REAL ESTATE EXAM – QUESTIONS & ANSWERS, 100% ACCURATE, GRADED A+/ VERIFIED. Who of the following is exempt from real estate license law? - -Investors who own 12 investment properties and sell one to an owner-occupant The purpose of the CRE Commission is to... - -Protect the public o...

COLORADO REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+. Duties of the Colorado Real Estate Commission include all of the following EXCEPT A) Investigation of verified written complaints. B) Approving errors and omissions carriers. C) Creating the Annual Commission Update course each ...

COLORADO REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE. GRADED A+/ The lowest level of discipline the CREC may take against an agent is - -Letter of Admonishment What judge hears a case for the CREC? - -Administrative Law Judge What is necessary for the CREC to investigate a comp...

COLORADO REAL ESTATE EXAM PREP REVIEW QUESTIONS AND ANSWERS, VERIFIED. An out-of -state investor sells a property in Colorado. The closing entity must withhold up to 2 percent of the - -selling price as possible income tax liability The Closing Instructions form - -must be part of every contra...

COLORADO REAL ESTATE EXAM PREP QUESTIONS AND ANSWERS, GRADED A+. VERIFIED. A licensee may not pay a fee to an unlicensed person for performing any brokerage functions. May pay for a name if the referrer is supplying only a name and has performed no activities requiring a license - -True A lic...

COLORADO REAL ESTATE EXAM PREP QUESTIONS AND ANSWERS, RATED A+/ A dishwasher in a property under contract is listed affirmatively "In Working Condition" on the Seller's Property Disclosure. What must the seller do if the dishwasher fails before closing? - -A. The seller is not responsible ...

COLORADO REAL ESTATE EXAM PREP EXAM REVIEW QUESTIONS AND ANSWERS. VERIFIED. Title Theory - -lender owns, borrower has equitable title Hypothecation - -pledging property as collateral for a loan without giving up possession Mortgagee - -Lender Mortgagor - -borrower Non Judicial foreclosure - -...

COLORADO REAL ESTATE EXAM FINAL REVIEW QUESTIONS AND ANSWERS, RATED A+/ According to the Truth in Lending Act, if any 'trigger terms' are used in an ad, all of the following disclosures MUST appear in the ad EXCEPT the - -amount of the down payment The Settlement Sheet prepared for the closi...

COLORADO REAL ESTATE EXAM #1 REVIEW QUESTIONS AND ANSWERS, RATED A+/ Many states determine the order of water rights according to which users of the water hold a recorded beneficial use permit. This allocation of water rights is determined by - -the doctrine of prior appropriation The right ...

COLORADO REAL ESTATE EXAM - STATE PORTION EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+ A real estate broker filling out a listing agreement finds that there is not enough room for the legal description. The broker may: - -Attach the legal description as information may be added o...

COLORADO REAL ESTATE EXAM - STATE PORTION EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+ A real estate broker filling out a listing agreement finds that there is not enough room for the legal description. The broker may: - -Attach the legal description as information may be added o...

COLORADO REAL ESTATE CONTRACTS AND REGULATIONS EXAM QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. Doctrine of Prior Appropriation: - -A theory of water law based on the principle, restated as "first in time is first in right" that regards the right to divert water from a water source. When wri...

COLORADO REAL ESTATE- STATE PORTION EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, VERIFIED. Who usually deposits the earnest money check into escrow after a contract has been accepted? - - Listing Broker The licensee buy-out addendum must be used under all of the following conditions except:...