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COLORADO POST EXAM 2024 NEWEST 2 VERSIONS (VERSION A, AND B) ACTUAL 500 QUESTIONS WITH DETAILED VERIFIED SOLUTIONS (100% CORRECT) /ALREADY GRADED A+$15.99
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10/7/24, 10:10 AM COLORADO POST EXAM 2024 NEWEST 2 VERSIONS (VERSION A, AND B) ACTUAL QUESTIONS WITH DETAILED VE…
COLORADO POST EXAM 2024 NEWEST 2
VERSIONS (VERSION A, AND B) ACTUAL
QUESTIONS WITH DETAILED VERIFIED
SOLUTIONS (100% CORRECT) /ALREADY
GRADED A+
Terms in this set (74)
According to the The answer is drafting a form if a standard one does
Conway-Bogue decision, not exist. A real estate broker may not draft a form if
brokers may practice a standard or approved one does not exist. Rule F
limited law if they meet requires the broker to use only standard or
all of the following approved forms.
requirements EXCEPT
A)
drafting a form if a
standard one does not
exist.
B)
being connected to the
transaction.
C)
using only standard or
approved forms.
D)
not charging a separate
fee for preparing
documents.
,10/7/24, 10:11 AM COLORADO POST EXAM 2024 NEWEST 2 VERSIONS (VERSION A, AND B) ACTUAL QUESTIONS WITH DETAILED VER…
An active broker may The answer is taking the national section of the
fulfill the continuing broker licensing exam. The broker can take and pass
education requirement the state portion of the licensing exam or take 24
for a three-year renewal hours of continuing education by completing 12
cycle by any of the hours of updates and 12 hours of elective courses to
following EXCEPT meet the continuing education requirement. Taking
A) the national portion of the licensing exam will not
taking 24 hours of give the broker any credit.
approved continuing
education courses.
B)
taking and passing the
state section of the
broker licensing exam.
C)
taking the national
section of the broker
licensing exam.
D)
completing 12 hours of
commission updates and
12 elective hours of
approved continuing
education.
,10/7/24, 10:11 AM COLORADO POST EXAM 2024 NEWEST 2 VERSIONS (VERSION A, AND B) ACTUAL QUESTIONS WITH DETAILED VER…
After closing, a buyer The answer is dismiss the complaint because
discovered that a suicide stigmatization of property is not considered a
had recently occurred on material fact. The Colorado Real Estate Commission
the property. The buyer will not investigate a broker in this situation because
submitted a complaint to stigmatized property law protects the broker from
the Colorado Real Estate disclosure of these facts.
Commission against the
listing broker for failing to
disclose this fact. The
Commission will
A)
dismiss the complaint
because stigmatization of
property is not
considered a material
fact.
B)
immediately suspend the
license of the broker
while awaiting a hearing.
C)
investigate the complaint,
submit it to a hearing,
and may revoke the
license of the listing
broker.
D)
void the sale and award
the buyer money from
the Recovery Fund.
, 10/7/24, 10:11 AM COLORADO POST EXAM 2024 NEWEST 2 VERSIONS (VERSION A, AND B) ACTUAL QUESTIONS WITH DETAILED VER…
The Agreement to The answer is change the date of closing with the
Amend/Extend Contract signatures of both parties. The Agreement to
form may be used to Amend/Extend Contract form modifies only the
A) Contract to Buy and Sell and would be used to
extend a listing contract change a closing date.
term.
B)
change the date of
closing with the
signatures of both
parties.
C)
extend a deadline that
passed two days ago.
D)
amend the price for a
counteroffer.
All are true of earnest The answer is the seller will keep it if the contract is
money EXCEPT terminated per a contingency. The seller would keep
A) the earnest money only if the buyer is in default. The
it could be gold or buyer, having terminated the contract per the
diamonds. contingency, will receive the earnest money in full.
B) Earnest money may be anything of value the seller
it must be deposited will accept and will be entered on the ledger card
three business days after once it is deposited.
acceptance of the offer.
C)
it should be entered on
the ledger card when
received.
D)
the seller will keep it if
the contract is terminated
per a contingency.
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