COLORADO POST TEST NEWEST 2026 ACTUAL EXAM
TEST BANK| CO POST CERTIFICATION EXAM PREP WITH
COMPLETE 650 REAL EXAM QUESTIONS AND CORRECT
VERIFIED ANSWERS/ ALREADY GRADED A+ (MOST
RECENT!!)
The buyers say they have been told that a murder had been committed
on the property and ask the listing broker if this is true. The listing
broker may
A)
answer if the information has been in the news.
B)
answer because the buyers asked a direct question.
C)
answer if the seller has given the broker written permission.
D)
tell the buyers to ask the neighbors because they are not covered by the
law. ......ANSWER......The answer is answer if the seller has given the
broker written permission. The stigmatized property law states that the
broker may disclose a fact like a murder only if the broker has the
seller's written permission. This is true regardless of how and who the
broker represents.
The Colorado Real Estate Commission would consider all of the
following to be potential license law violations EXCEPT
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A)
a personal assistant writing checks for a trust account.
B)
an employing broker who uses a verbal office policy to designate
brokers and establish the firm's brokerage relationships.
C)
a broker managing personal property and others' property in the same
trust account.
D)
a complaint about a broker filed by a seller. ......ANSWER......The answer
is a personal assistant writing checks for a trust account. Licensed or
unlicensed assistants may sign on trust accounts, so this would not be a
license law violation. Brokers may not manage their personal property
in the same account as other properties. Employing brokers must have
a written office policy.
Renewal of a Colorado license requires completion of continuing
education. How many hours of Annual Commission Updates (ACU) are
required each year?
A) 3
B) 4
C) 8
D) 21 ......ANSWER......The answer is 4. All active brokers are required to
have a total of 24 hours of continuing education every three years: 4
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hours of ACU (Annual Commission Updates) each year for a total of 12
hours, along with 12 hours of elective CE education.
All broker licenses need to be renewed no later than
A)
the day before the anniversary date.
B)
the birthday of the broker.
C)
the anniversary date of passing the state licensing exam.
D)
the anniversary date. ......ANSWER......The answer is the anniversary
date. All broker's licenses expire and need to be renewed on the
anniversary of when the license became active, not when the broker
passed the exam.
An inactive broker
A)
should carry errors and omissions insurance.
B)
will have to take and pass the state exam in order to activate the
license.
C)
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may work for a new home sales development.
D)
must keep an office open to the public. ......ANSWER......The answer is
may work for a new home sales development. Inactive brokers may, as
any unlicensed person can, work in new home sales. They do not need
an office or E&O insurance, but they will have to complete 24 hours of
continuing education in order to activate their license, which could be
met by taking and passing the state exam. Taking the exam is not a
requirement.
Which of the following would NOT require an active real estate license?
A)
Sales of franchise rights that include a leasehold estate
B)
An attorney listing and selling time-shares
C)
A real estate assistant showing homes and helping to write offers
D)
An executor of an estate selling a home ......ANSWER......The answer is
an executor of an estate selling a home. The executor is treated like a
For Sale by Owner and does not need a license. Attorneys who list and
sell real estate must have an active license. Anyone selling time-shares
in Colorado must have a license. An assistant who is acting as a broker
(by writing offers) must have a license. Sales of franchises with a real
estate interest require a license.
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