Colorado Real Estate

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...

Colorado Real Estate Exam Questions and Answers 100% Pass 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 year. D) Hearing disputes between brokers. D) Hearing disputed between brokers. A buyer in a closed transaction has filed a complaint with the Colorado Real Estate Commission, claiming the buyer's agent misre...

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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 year. D) Hearing disputes between brokers. - Answer- D) Hearing disputed 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 res...

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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 Real Estate Practical 6 Questions and Answers 100% Pass A broker must offer: only the relationships he or she chooses to offer A buyer's costs in purchasing a home prior to closing will usually include all except: broker's commission A client wants to buy a commercial property. You tell her they are putting in an exit ramp off the highway, that is proposed but not set in stone, that would allow easy access to the business. The client buys and they end up putting the ramp ...

Colorado Real Estate Exam Prep

Colorado Real Estate Exam Questions And Answers...