Page 1 of 1134
COLORADO REAL ESTATE EXAM 2025 NEWEST 2
VERSIONS (VERSION A, AND B ) AND PRACTICE
QUESTIONS 300 QUESTIONS WITH DETAILED VERIFIED
SOLUTIONS (100% CORRECT) /A+ GRADE ASSURED
Who will not have a copy of the listing agreement?
Seller
Listing broker
Buyer's agent
Listing agent
.....ANSWER.....Buyer's agent
,Page 2 of 1134
Mr. and Mrs. Snively have a contract to purchase a home for
$257,000. A hailstorm damaged the roof to the tune of $27,500
before closing. What remedy does the buyer have?
Snively's can be entitled to credit for half the insurance
proceeds resulting from the damage
Snively's broker can wait until the roof is repaired then make a
decision whether they want to continue with the contract
Snively's can demand that the roof be replaced prior to closing
Snively's have an option of whether they will or will not proceed
with this contract .....ANSWER.....Snively's have an option of
whether they will or will not proceed with this contract
You answered this question incorrectly
,Page 3 of 1134
Which party should create an amend/extend because buyer
needs more time for an inspection?
Selling agent
Listing agent
Lender
Title company .....ANSWER.....Selling agent
The broker is acting as a transaction broker. As a transaction
broker, he/she is:
not responsible for any part of the closing
responsible for all aspects of the closing
to let the buyer beware
, Page 4 of 1134
to let the seller beware .....ANSWER.....responsible for all
aspects of the closing
If a contract is signed under duress, it is:
Bleached
Discharged
Voidable
Void .....ANSWER.....Voidable
How are court costs and legal fees handled if a dispute over the
Residential Contract to Buy and Sell goes to court?
They are split evenly between the parties.
They are awarded to the winning party.
COLORADO REAL ESTATE EXAM 2025 NEWEST 2
VERSIONS (VERSION A, AND B ) AND PRACTICE
QUESTIONS 300 QUESTIONS WITH DETAILED VERIFIED
SOLUTIONS (100% CORRECT) /A+ GRADE ASSURED
Who will not have a copy of the listing agreement?
Seller
Listing broker
Buyer's agent
Listing agent
.....ANSWER.....Buyer's agent
,Page 2 of 1134
Mr. and Mrs. Snively have a contract to purchase a home for
$257,000. A hailstorm damaged the roof to the tune of $27,500
before closing. What remedy does the buyer have?
Snively's can be entitled to credit for half the insurance
proceeds resulting from the damage
Snively's broker can wait until the roof is repaired then make a
decision whether they want to continue with the contract
Snively's can demand that the roof be replaced prior to closing
Snively's have an option of whether they will or will not proceed
with this contract .....ANSWER.....Snively's have an option of
whether they will or will not proceed with this contract
You answered this question incorrectly
,Page 3 of 1134
Which party should create an amend/extend because buyer
needs more time for an inspection?
Selling agent
Listing agent
Lender
Title company .....ANSWER.....Selling agent
The broker is acting as a transaction broker. As a transaction
broker, he/she is:
not responsible for any part of the closing
responsible for all aspects of the closing
to let the buyer beware
, Page 4 of 1134
to let the seller beware .....ANSWER.....responsible for all
aspects of the closing
If a contract is signed under duress, it is:
Bleached
Discharged
Voidable
Void .....ANSWER.....Voidable
How are court costs and legal fees handled if a dispute over the
Residential Contract to Buy and Sell goes to court?
They are split evenly between the parties.
They are awarded to the winning party.
