Colorado Real Estate Exam - Questions

In order to renew an active CO real estate license, the licensee must complete... {Ans: 24 hours of approved continuing education or successful completion of the CO portion of the state licensing exam. This includes 4 hours of mandatory courses each year for a total of 12 hours required by commission in a three year period.}Commissions earned by a broker in a real estate sales transaction... {Ans: Are determined by agreement of the broker and his/her principal. Commissions may not be shared with an unlicensed party nor deductible from the earnest money deposit.}In the event that the employing broker of a corporate brokerage is suddenly unable to continue in that position, the commission may issue a temporary "hardship" license to any.... {Ans: CO licensee approved by the corporate board of directors. Licensee can either be a broker or a salesperson. Sole proprietorship has no business entity and much rehire all employed licensees and renegotiate all listings.}The purpose of the CRE Commission is to... {Ans: Protect the public of the state of CO in real estate matters}An associate broker has developed a website. What, if anything, must he or she include? {Ans: Name and location of