Colorado POST Study Guide
(2026) | Exam Prep Questions and
Answers | Graded A+
‣ A broker renewing a Colorado license is required to have how many
hours of continuing education over what period of time?
A)
36 hours over 4 years
B)
24 hours over 3 years
C)
8 hours over 2 years
D)
24 hours over 4 years -✓✓The answer is 24 hours over 3 years. The law
requires a total of 24 hours of continuing education, of which 12 must be
from Annual Commission Update courses, with all education completed
over 3 years.
‣ An active broker may fulfill the continuing education requirement for a
three-year renewal cycle by any of the following EXCEPT
A)
taking 24 hours of approved continuing education courses.
B)
,taking and passing the state section of the broker licensing exam.
C)
taking the national section of the broker licensing exam.
D)
completing 12 hours of commission updates and 12 elective hours of
approved continuing education. -✓✓The answer is taking the national
section of the broker licensing exam. The broker can take and pass the
state portion of the licensing exam or take 24 hours of continuing
education by completing 12 hours of updates and 12 hours of elective
courses to meet the continuing education requirement. Taking the
national portion of the licensing exam will not give the broker any
credit.
‣ An inactive broker may do all of the following EXCEPT
A)
complete a contract form once the broker has given pricing information.
B)
prepare a CMA for a licensed broker who will then present it to the
buyer.
C)
sign checks from a brokerage firm's trust account.
D)
manage property as an employee of the landlord. -✓✓The answer is
complete a contract form once the broker has given pricing information.
An inactive broker may not do anything that requires a license, such as
soliciting buyers and sellers, selling options, or listing property. Inactive
,brokers may, as any unlicensed person, work as an employee to manage
property under a landlord, work as an unlicensed assistant, complete a
CMA for the broker to present, and be a signer on the firm's trust
account.
‣ Under Colorado real estate license law, which of the following
employees must have a real estate license? The employee who is
A)
selling real estate options.
B)
leasing gas rights for the company.
C)
reviewing lease agreements as part of the job.
D)
acting as an on-site property manager. -✓✓The answer is selling real
estate options. Employees who lease or review leases as part of a job are
not required to have a real estate license. On-site property managers are
not required to be licensed.
‣ Brokers must renew their errors and omissions insurance
A)
no later than the first anniversary of their license renewal.
B)
each year on or before June 15.
C)
, when they apply for their license.
D)
on or before December 31 of each year. -✓✓The answer is on or before
December 31 of each year. Errors and omissions insurance must be
purchased before applying for a license, and then it must be renewed
annually.
‣ Jane is the employing broker of ABC Realty. All of the following are
correct EXCEPT
A)
both the brokerage firm and Jane will be required to have errors and
omissions insurance.
B)
as an employing broker, Jane will only need eight hours of continuing
education every three years.
C)
Jane should have all of her employed broker associates sign the office
policy.
D)
all newspaper advertising must include ABC Realty in the ad. -✓✓The
answer is as an employing broker, Jane will only need eight hours of
continuing education every three years. Like all active brokers,
employing brokers must complete 24 hours of continuing education
every three years. The firm's name is required on all advertising, and all
broker associates must sign the office policy. The brokerage firm and all
brokers of the firm, including the employing broker, must have E&O
insurance.
(2026) | Exam Prep Questions and
Answers | Graded A+
‣ A broker renewing a Colorado license is required to have how many
hours of continuing education over what period of time?
A)
36 hours over 4 years
B)
24 hours over 3 years
C)
8 hours over 2 years
D)
24 hours over 4 years -✓✓The answer is 24 hours over 3 years. The law
requires a total of 24 hours of continuing education, of which 12 must be
from Annual Commission Update courses, with all education completed
over 3 years.
‣ An active broker may fulfill the continuing education requirement for a
three-year renewal cycle by any of the following EXCEPT
A)
taking 24 hours of approved continuing education courses.
B)
,taking and passing the state section of the broker licensing exam.
C)
taking the national section of the broker licensing exam.
D)
completing 12 hours of commission updates and 12 elective hours of
approved continuing education. -✓✓The answer is taking the national
section of the broker licensing exam. The broker can take and pass the
state portion of the licensing exam or take 24 hours of continuing
education by completing 12 hours of updates and 12 hours of elective
courses to meet the continuing education requirement. Taking the
national portion of the licensing exam will not give the broker any
credit.
‣ An inactive broker may do all of the following EXCEPT
A)
complete a contract form once the broker has given pricing information.
B)
prepare a CMA for a licensed broker who will then present it to the
buyer.
C)
sign checks from a brokerage firm's trust account.
D)
manage property as an employee of the landlord. -✓✓The answer is
complete a contract form once the broker has given pricing information.
An inactive broker may not do anything that requires a license, such as
soliciting buyers and sellers, selling options, or listing property. Inactive
,brokers may, as any unlicensed person, work as an employee to manage
property under a landlord, work as an unlicensed assistant, complete a
CMA for the broker to present, and be a signer on the firm's trust
account.
‣ Under Colorado real estate license law, which of the following
employees must have a real estate license? The employee who is
A)
selling real estate options.
B)
leasing gas rights for the company.
C)
reviewing lease agreements as part of the job.
D)
acting as an on-site property manager. -✓✓The answer is selling real
estate options. Employees who lease or review leases as part of a job are
not required to have a real estate license. On-site property managers are
not required to be licensed.
‣ Brokers must renew their errors and omissions insurance
A)
no later than the first anniversary of their license renewal.
B)
each year on or before June 15.
C)
, when they apply for their license.
D)
on or before December 31 of each year. -✓✓The answer is on or before
December 31 of each year. Errors and omissions insurance must be
purchased before applying for a license, and then it must be renewed
annually.
‣ Jane is the employing broker of ABC Realty. All of the following are
correct EXCEPT
A)
both the brokerage firm and Jane will be required to have errors and
omissions insurance.
B)
as an employing broker, Jane will only need eight hours of continuing
education every three years.
C)
Jane should have all of her employed broker associates sign the office
policy.
D)
all newspaper advertising must include ABC Realty in the ad. -✓✓The
answer is as an employing broker, Jane will only need eight hours of
continuing education every three years. Like all active brokers,
employing brokers must complete 24 hours of continuing education
every three years. The firm's name is required on all advertising, and all
broker associates must sign the office policy. The brokerage firm and all
brokers of the firm, including the employing broker, must have E&O
insurance.
