Colorado Contracts & Regulations Study guides, Class notes & Summaries

UNIT 1 & 2- COLORADO CONTRACTS & REGULATIONS QUESTIONS AND ANSWERS, 100% ACCURATE, VERIFIED. What are the 3 levels for brokers? --1) Associate - new (less than 2 years) or working under employing broker 2) Independent - 2 yrs active experience + business license 3) Employing - 2 years experience +24 hour brokerage admin course What are the 2 types of representation CO allows? - -1. Agency 2. Transaction broker Licensed RE professionals always have the duties of a real estate broker but...

COLORADO CONTRACTS & REGULATIONS FINAL EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ The Mediation clause in the Contract to Buy and Sell Real Estate requires the parties to: - -share equally in the cost of a mediator. In Colorado, the following are all violations of the Colorado License Law EXCEPT: - -acting for more than one party with the full knowledge of all parties. The exception to the rule against commingling company funds with trust funds is: - -the minimal funds needed to ke...

COLORADO CONTRACTS & REGULATIONS FINAL EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. If a property sale includes leased appliances, the brokers must a. have the seller cancel the lease b. exclude these terms, since the lease cannot be transferred to a buyer c. have the seller remove the items prior to marketing the property d. check the appropriate box or boxes in the Personal Property section of the Contract to Buy and Sell Real Estate - -d The buyer must receive a Lead-Base...

It is possible for the public to get the address and number of a licensee from the Real Estate Commission. 1. True 2. False - ️️1 If you practice real estate without a license you will be prosecuted by 1. the sheriff. 2. the attorney general. 3. a district attorney. 4. the Real Estate Commission. - ️️3 An individual who charges a fee to sell options on real estate must have 1. an option dealer's license. 2. a securities license. 3. a real estate broker's license....

Colorado Contracts & Regulations Unit Questions and Answers Graded A+ It is possible for the public to get the address and number of a licensee from the Real Estate Commission. 1. True 2. False 1 If you practice real estate without a license you will be prosecuted by 1. the sheriff. 2. the attorney general. 3. a district attorney. 4. the Real Estate Commission. 3 An individual who charges a fee to sell options on real estate must have 1. an option dealer's license. 2. a securities lice...

Colorado Contracts & Regulations