ACTUAL EXAM TEST BANK| COLORADO REAL ESTATE
EXAM PREP WITH COMPLETE 500 REAL EXAM
QUESTIONS AND CORRECT VERIFIED ANSWERS/
ALREADY GRADED A+ (MOST RECENT!!)
Question 1
Under Colorado law, what is the default brokerage relationship
if no written agreement is signed?
A) Single Agent
B) Transaction-Broker
C) Dual Agent
D) Customer
Answer: B
Rationale: Under C.R.S. 12-10-401, Transaction-Broker is the
default legal relationship in Colorado. Single Agency requires a
written contract, and Dual Agency is strictly illegal in Colorado. A
customer is a party who receives no brokerage services.
Question 2
Under the Conway-Bogue Doctrine (Colorado Supreme Court,
1957), brokers may:
A) Draft any legal document a client requests
B) Fill in the blanks on standard, Commission-approved forms but
cannot draft custom legal documents from scratch
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,C) Practice law without restriction
D) Prepare deeds and wills for clients
Answer: B
Rationale: The Conway-Bogue Doctrine establishes that brokers
have a limited right to practice law strictly by filling in the blanks
of standard, Commission-approved forms. Brokers cannot draft
legal documents from scratch and must advise clients to consult an
attorney for custom legal needs.
Question 3
Which of the following is TRUE regarding Dual Agency in
Colorado?
A) Permitted with written consent from both parties
B) Strictly illegal in Colorado
C) Allowed only for commercial transactions
D) The default brokerage relationship
Answer: B
Rationale: Dual agency is strictly illegal in Colorado. Unlike some
states that permit dual agency with disclosure, Colorado law
prohibits a broker from representing both the buyer and seller
as agents in the same transaction. The default relationship is
Transaction-Broker.
Question 4
How many hours of pre-licensing education must a Colorado Real
Estate Broker complete before taking the state exam?
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,A) 48 hours
B) 96 hours
C) 168 hours
D) No pre-licensing requirement
Answer: C
Rationale: Colorado requires 168 hours of approved real estate
education before a candidate can sit for the broker licensing
exam. The curriculum includes foundational courses such as Real
Estate Principles and Practices, Law of Agency and Contracts,
Legal Descriptions, Title and Deeds, Mortgages and Deeds of
Trust, and Real Estate Closings.
Question 5
What is the total number of questions on the Colorado Real
Estate Licensing Exam?
A) 100
B) 130
C) 154
D) 200
Answer: C
Rationale: The Colorado real estate exam has a total of 154
questions across the state and national sections. The national
portion consists of 80 questions, and the Colorado-specific
portion consists of 74 questions.
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, Question 6
What is the passing score for the national portion of the
Colorado Real Estate Exam?
A) 70% (56 correct)
B) 75% (60 correct)
C) 80% (64 correct)
D) 70% (60 correct)
Answer: B
Rationale: To pass the national portion of the Colorado real
estate exam, candidates must correctly answer 60 out of 80
questions (75%). To pass the Colorado portion, candidates must
correctly answer 53 out of 74 questions.
Question 7
How many continuing education (CE) credits are required for
license renewal in Colorado?
A) 12 credits every 2 years
B) 24 credits every 3 years
C) 12 credits every 3 years
D) 24 credits every 2 years
Answer: B
Rationale: A real estate broker must complete 24 continuing
education credits every 3 years. This includes 12 hours of
mandatory Commission Update credits and 12 additional hours
of education from approved course providers on topics such as
real estate law, finance, appraisal, ethics, and brokerage
administration.
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