Colorado exam prep - Study guides, Class notes & Summaries

Colorado Real Estate EXAM Prep Questions and Correct Answers the Latest Update and Recommended Version

Colorado Real Estate Exam Prep Latest 2024 Already Passed 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 contract According to statue, "good funds," include a tellers check from savings and loan All of the following must be disclosed to a tenant by a property manager EXCEPT: Disclose the name and address of the landlord Accordi...

Colorado Real Estate Exam Prep Questions and Correct Answers the Latest Update and Recommended Version

COLORADO EXAM PREP - MISSED QUESTIONS/ ACCURATELY ANSWERED. VERIFIED. A personal assistant may: 1. Negotiate the sale of a listed property with a buyer and seller 2. Prepare and submit market analyses for sellers or buyers on behalf of a broker 3. Independently draft a listing contract for seller/buyer signature 4. Measure the square footage of a residential listing - -Measure the square footage of a residential listing The loan balance being assumed by the buyer is: 1. Debit Seller;...

Colorado Real Estate Exam Prep Questions and Correct Answers the Latest Update and Recommended Version

Colorado Real Estate Exam Prep (2023/2024) (Certified Solutions) 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 *CO: Public trustee has power to foreclose 1.Lender complains 2. Notice given 3. trustee sells after 125 days Strict foreclosure No sale. Full legal title given to lender, loss of equity for borrower Judicial foreclosure done t...

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 licensee may rebate a commission to - -a buyer or seller as part of the broker's service; this is considered a commission negotiation or renegotiation. Payment to buyers should be disclosed to the s...

Colorado Real Estate Exam Prep

Colorado Real Estate Exam Prep Questions and Correct Answers the Latest Update and Recommended Version

COLORADO REAL ESTATE EXAM PREP