Vaned - Study guides, Class notes & Summaries

VanEd National Real Estate Exam Questions.

VanEd CO State Exam Prep Questions and Answers 2024

VanEd Principles of Real Estate 1 Practice Quiz Questions & Answers.

VanEd CO State Exam Prep Questions and Answers

VanEd CO State Exam Prep Questions and Answers 2024

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 ️️ -...

Which of the following is NOT required for a deed to be valid? 1. Delivery 2. Acceptance 3. Conveyance 4. Recordation correct answers 4. Recordation While recording a deed does not affect its validity, it is extremely important to record since recordation protects the grantee. If a grantee fails to record, and another deed or any other document encumbering or affecting the title is recorded, the first grantee is in jeopardy. Habendum Clause correct answers "to have and to hold" langu...

True or false, when working with a buyer, an agent should make sure the buyer has enough for a down payment AND closing costs? correct answers True A major difference of a Comparative Market Analysis and an appraisal performed for a lender is that ___ correct answers Lender's appraisals for federally insured financial institutions must be prepared by licensed appraisers, while a CMA is prepared by a real estate broker At what time can a licensed broker commingle tenant security deposits a...

CO Real Estate VanEd Graded A+ 32+ days - 1 yr after expiration of license ️Regular renewal fee and a reinstatement fee of 1/2 of the reg renewal fee A customer ️Has no relationship with the broker and the broker has no fiduciary duties to the customer except ethics and honesty A Listing Contract = ️An Employment Contract A written AGENCY AGREEMENT to Buyer or Seller ️Is required to avoid being a transaction broker by default Addtl duties when Buyer's agent box is checke...

The Conway-Bogue Decision correct answers is a court case that gave real estate agents in the state of Colorado the right to assist buyers and sellers in some legal aspect of the real estate transaction process. This ruling established the right of real estate licensees to use approved, standardized state forms. This decision provides that Brokers may not charge a separate fee for preparing documents and that they must use the state's standard and approved forms. What is the lowest level ...