Colorado Real Estate Study guides, Study notes & Summaries
Looking for the best study guides, study notes and summaries about Colorado Real Estate? On this page you'll find 286 study documents about Colorado Real Estate.
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![Colorado Practice Test for PSI Questions and Answers 100% Pass](/docpics/5548379/6660a0df49f47_5548379_121_171.jpeg)
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Colorado Practice Test for PSI Questions and Answers 100% Pass
- Exam (elaborations) • 55 pages • 2024
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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...
![PSI Colorado RE - Colorado Forms and Contracts Questions and Answers 100% Pass](/docpics/5548372/6660a0ae2104f_5548372_121_171.jpeg)
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PSI Colorado RE - Colorado Forms and Contracts Questions and Answers 100% Pass
- Exam (elaborations) • 8 pages • 2024
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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 Questions and Answers 100% Pass](/docpics/5548370/6660a0ab1e1fc_5548370_121_171.jpeg)
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Colorado Real Estate Exam Prep Questions and Answers 100% Pass
- Exam (elaborations) • 10 pages • 2024
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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 #2 Questions and Answers 100% Pass](/docpics/5548368/6660a0a812499_5548368_121_171.jpeg)
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Colorado Real Estate Exam Prep #2 Questions and Answers 100% Pass
- Exam (elaborations) • 9 pages • 2024
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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](/docpics/5548362/6660a070a832a_5548362_121_171.jpeg)
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Colorado Real Estate Math Questions and Answers 100% Pass
- Exam (elaborations) • 38 pages • 2024
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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) + $...
![Colorado Law and Practice - Real Estate Questions and Answers 100% Pass](/docpics/5548358/6660a06e0780f_5548358_121_171.jpeg)
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Colorado Law and Practice - Real Estate Questions and Answers 100% Pass
- Exam (elaborations) • 31 pages • 2024
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Colorado Law and Practice - Real Estate 
Questions and Answers 100% Pass 
Real Property - Correct Answer ️️ -- Land plus appurtenances. 
- Man-made appurtenances. 
- Natural appurtenances. 
- Air, gas, solar, light and sound, mineral and surface rights. 
- Water rights. 
Livery of Seisin - Correct Answer ️️ -I own it and I have the right to sell it. 
5 Economic Characteristics of Land - Correct Answer ️️ -D - Demand 
U - Utility or Usefulness 
S - Scarcity: sells quickly if available...
![Colorado Real Estate – Contracts Exam Questions and Answers 100% Pass](/docpics/5548355/6660a0381f2f7_5548355_121_171.jpeg)
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Colorado Real Estate – Contracts Exam Questions and Answers 100% Pass
- Exam (elaborations) • 48 pages • 2024
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Colorado Real Estate – Contracts Exam 
Questions and Answers 100% Pass 
vicarious liability - Correct Answer ️️ -a principal's liability for an agent's acts performed 
within the scope of the agency; specifically excluded by Colorado statute from a 
principal's liability unless the act or omission was approved, directed or ratified. (The 
employing broker is responsible to licensees actions) 
Sam is an associate broker who wishes to purchase investment property. What must 
Sam do when t...
![CO Real Estate VanEd Questions and Answers 100% Pass](/docpics/5548351/6660a0352c9ac_5548351_121_171.jpeg)
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CO Real Estate VanEd Questions and Answers 100% Pass
- Exam (elaborations) • 18 pages • 2024
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CO Real Estate VanEd Questions and 
Answers 100% Pass 
Purpose of the Real Estate Commission law - Correct Answer ️️ -To protect the public 
of the State of CO in All real estate matters 
Conway-Bogue Decision - Correct Answer ️️ -Confirming a licensees right to a limited 
practice of law. Brokers my not charge a separate fee for preparing docs and that they 
must use the state's standard and approved forms. 
Commission may investigate upon written complaint... - Correct Answer ️️ -...
![Colorado Real Estate Exam Prep State Portion Section 5, Forms and Contracts 100% Correct](/docpics/5548346/6660a03244bf4_5548346_121_171.jpeg)
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Colorado Real Estate Exam Prep State Portion Section 5, Forms and Contracts 100% Correct
- Exam (elaborations) • 10 pages • 2024
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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 Contracts & Regulations Unit Questions and Answers 100% Pass](/docpics/5548340/66609ff763bbc_5548340_121_171.jpeg)
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Colorado Contracts & Regulations Unit Questions and Answers 100% Pass
- Exam (elaborations) • 50 pages • 2024
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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 ...
![Verkoop je kennis op stuvia](https://www.stuvia.com/hosted-imgs/app/stock-fotos/banner_seller_big.jpg)
Did you know that on average a seller on Stuvia earns R4500 per month selling summaries? Hmm, hint, hint. Discover all about earning on Stuvia