Colibri Real Estate Exam 2025 | 200 Questions With Verified Correct Answers

What is a forecast of income and expenses that can be projected over five years? {Ans: Stabilized budget}Who can qualify for an FHA loan? {Ans: Anyone with qualified income}Why is the condition of bearing walls more important than non bearing walls? {Ans: Bearing walls support the ceiling and the roof.}Earl orally agreed to a 18-month lease with landlord Blake. Is this contract enforceable? {Ans: No, all leases for longer than one year must be in writing to be enforceable.}Broker Jon is attaching a rider strip to a For Sale sign. What information is most likely on this rider strip? {Ans: Jon's cell phone number}A town is replacing a sidewalk that serves eight homes. The length of the sidewalk is 900 feet. Laura's property has 60 feet of the sidewalk. If the cost of the project to be paid by a special assessment is $18,000, what will Laura's assessment be? {Ans: $1,200}