Colorado state prep exam - Study guides, Class notes & Summaries

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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. (Ans- 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 respon...

Duties of the Colorado Real Estate Commission include all of the following EXCEPT hearing disputes 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 responding to a complaint, would request the agent/broker supply a response in writing. Which of the following could a Colorado real estate broker use toward meeting the 12 hours of required elect...

Colorado Real Estate Exam Prep State Portion Section 3 Requirements Governing the Activities of Licensees and Section 4 Property Management: Landlord Tenant Act, Water Rights, Colorado Taxes, Securities, etc

COLORADO REAL ESTATE STATE PORTION EXAM PREP EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+. True or False? Colorado real estate license law was enacted to protect brokers? - -FALSE-The law protects the public in dealing with licensed brokers. True or False? The Real Estate Commission must investigate every complaint against a license. - - FALSE-Only written complaints must be investigated. True or False?If a licensee violates the license law, the Commission may levy a fine of up to $2,500....

Colorado Real Estate Exam Prep State Portion Section 1 Duties and Powers of the Real Estate Commission and Section 2 Licensing Requirements 100% Correct What is the purpose of Colorado real estate License Law Protect the public of the State of Colorado The purpose of the Colorado Real Estate Commission is to: Protect the public of the state of Colorado in real estate matters Acting as a real estate broker without a license or with a suspended license is: a misdemeanor punishable by six months ...

COLORADO REAL ESTATE EXAM PREP STATE PORTION SECTION 5, FORMS AND CONTRACTS. QUESTIONS & ANSWERS, RATED A+/ The Supreme Court decision in the Conway-Bogue case relating to the practice of law by real estate brokers and employed licensees stated: - -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: - -help insure the brokers compliance with the Conway-Bogue decision of ...

COLORADO REAL ESTATE EXAM PREP STATE PORTION SECTION 1 DUTIES AND POWERS OF THE REAL ESTATE COMMISSION AND SECTION 2 LICENSING REQUIREMENTS. EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+. What is the purpose of Colorado real estate License Law - -Protect the public of the State of Colorado The purpose of the Colorado Real Estate Commission is to: - -Protect the public of the state of Colorado in real estate matters Acting as a real estate broker without a license or with a suspended lic...