74+ Free Colorado Real Estate Practice Exam Questions (February 2023)

Colorado Real Estate Exam

1 / 74

Is commingling legal in Colorado?

2 / 74

According to Colorado Law and Commission rules, a requirement exists that a broker should not deliver a security deposit to an owner without the written authorization of a lease or without written notice to a tenant. This is outlined by which rule?

3 / 74

Failure to provide a real estate buyer and seller with a closing statement may result in what?

4 / 74

A conservation tax credit is available to Colorado residents, corporations, estates, and trusts who donate a conservation easement. The credit is valued at what?

5 / 74

Which of the following is NOT a protected class under Colorado Fair Housing?

6 / 74

The federal Fair Housing Act and the Colorado Fair Housing Act have some differences. Which of the following is a difference between the two Acts?

7 / 74

The Colorado Department of Revenue requires withholding from sale proceeds anytime the seller is a nonresident and the sales price is greater than what?

8 / 74

Members of the Colorado Real Estate Commission are appointed by who?

9 / 74

Which of the following is NOT one of the Colorados Division of Real Estate objectives?

10 / 74

Per Colorado Law, what is the penalty imposed on a PERSON for a FIRST-time offense acting as a broker without first obtaining a license?

11 / 74

If a Colorado real estate broker is licensed as a sole proprietorship then their trade name may not include which of the following word(s)?

12 / 74

How many hours of continuing education are required for Colorado real estate brokers?

13 / 74

If a Colorado Real Estate License is revoked, how long must the former licensee have to wait to be considered for relicensing?

14 / 74

If a broker is acting either as an agent or as a transaction-broker in Colorado, there are duties that the broker is responsible to perform. How many duties are there?

15 / 74

Which of the following forms, is only used to clarify the types of brokerage relationships in Colorado?

16 / 74

When do initial Colorado real estate licenses expire?

17 / 74

How long must real estate brokers keep records in Colorado?

18 / 74

All fees paid for the renewal of a real estate license per Colorado License Law are what?

19 / 74

Which of the following best describes Colorado, E-46. Affiliated Business Arrangement Disclosures and its importance to licensees?

20 / 74

Under agency law in Colorado, Dual Agency is

21 / 74

Duties of the Colorado Real Estate Commission include all of the following EXCEPT

22 / 74

When must a Colorado licensee disclose an affiliated business relationship?

23 / 74

According to Colorado Law and Commission rules, what rule covers Commission-approved forms?

24 / 74

How much notice must be given to the commission by a licensee for a change of business location or employment?

25 / 74

How long are the terms for members of the Colorado Real Estate Commission?

26 / 74

The detailed program to increase the water supply available for beneficial use, is called what?

27 / 74

What is the purpose of the Colorado Foreclosure Protection Act?

28 / 74

An escrow account can also be called what?

29 / 74

In terms of financing involved for a real estate purchase, which custom is practiced in Colorado?

30 / 74

All deposits of funds into an escrow or trust account must be documented. The documentation must identify what?

31 / 74

The Colorado Director of the Division of Real Estate is responsible for which of the following?

32 / 74

Colorado Real Estate Law mandates agents have errors and omissions insurance. What is the purpose of the insurance?

33 / 74

What is the minimum age requirement to become a real estate broker in Colorado?

34 / 74

How many members does the Colorado Real Estate Commission have?

35 / 74

If an unlawful act is committed by a third party can it impact the license of a real estate broker?

36 / 74

The law in all states that provides contracts for the sale of real estate or an interest in real estate are unenforceable unless they are in writing and signed by the parties:

37 / 74

In Colorado, what best describes how a transaction-broker relationship can be created?

38 / 74

According to Colorado license law, which of the following fees are permitted at closing?

39 / 74

Must a Colorado property management company have a real estate broker's license?

40 / 74

The Colorado Real Estate Commission prohibits brokers from drafting a contract for which of situations?

41 / 74

The Colorado Real Estate Commission Rule regarding disclosing conflict of interest and license status applies to who?

42 / 74

The application of a certain portion of Colorado waters for beneficial use, is called what?

43 / 74

Which of the following brokerage relationships is permitted in Colorado?

44 / 74

Which of the following is NOT true regarding Errors and Omissions Insurance in Colorado?

45 / 74

In Colorado the amount a broker may charge for a commission is

46 / 74

The federal Fair Housing Act and the Colorado Fair Housing Act have some differences. Which of the following is a difference between the two Acts?

47 / 74

The Colorado Fair Housing Act like the Federal Fair Housing Act prohibits discrimination. Which of the following is an additional class the Colorado Fair Housing Act protects?

48 / 74

If a Colorado real estate broker works with one individual to list their home and also helps that individual find another home, they must do what?

49 / 74

A change of business address or employment without notification to the commission results in what?

50 / 74

The Colorado Fair Housing Act like the Federal Fair Housing Act prohibits discrimination. Which of the following is an additional class the Colorado Fair Housing Act protects?

51 / 74

The Colorado Real Estate Commission is composed of which the following?

52 / 74

Per Colorado Law, every home warranty service contract shall contain the following information except what?

53 / 74

According to Colorado Law, Commission Rule E-5, at the time of closing the licensee is responsible for certain duties. Which of the following statement is try about these duties?

54 / 74

An employing broker must comply with the Commission Rule on affiliated business relationships by disclosing the names of all affiliated business arrangements the employing broker is in. How often must they do this?

55 / 74

Colorado Real Estate Broker License Law was passed to protect who?

56 / 74

Colorado has real estate license reciprocity agreements with which states?

57 / 74

How often does The Colorado Real Estate Commission meet?

58 / 74

Per Colorado Law, a person who willingly fails or neglects to appear and testify required by subpoena is guilty of what?

59 / 74

What was the effect of the Conway-Bogue court decision on Colorado real estate licensee?

60 / 74

Who would make an initial decision on revocation, suspension, censure, or dismissal of a licensee?

61 / 74

When an out-of-state investor sells a property in Colorado, which of the following is required of the closing entity?

62 / 74

What is the number one reason a broker should secure a copy of the approval and the signatures of the parties on the Closing Statement?

63 / 74

To apply for a real estate broker's license in Colorado, applicants must meet several requirements which of the following is a requirement from this list?

64 / 74

Which of the following would be considered commingling?

65 / 74

Complete the statement to make it factually accurate. “Any broker engaging in activities that require a real estate license must be:

66 / 74

Per RESPA, settlement services can include all of the following, aside from what?

67 / 74

With Colorado Water rights which of the following statements is true?

68 / 74

What was the reason or cause of the creation of the Colorado Foreclosure Protection Act?

69 / 74

According to Colorado Law and Commission rules, what rule covers "Continuing Duty to Disclose Conflict of Interest and License Status?”

70 / 74

How often is continuing education required for Colorado real estate brokers?

71 / 74

Which of the following is a violation of Colorado license law?

72 / 74

Generally speaking, Error & Omissions Insurance for Colorado Real Estate Agents covers what?

73 / 74

Which of the following statements about escrow funds is true per Colorado Real Estate Law?

74 / 74

Is Colorado a Community Property state?

Your score is

Hello, welcome to our Colorado Real Estate Practice Exam.

This free practice exam is here to help you master the state-specific portion of the Colorado real estate exam. 
 
In Colorado, there are 154 questions on the exam (80 national and 74 state). 

For help with the national portion, we have our national real estate practice test. That section can be used to study the topics featured on those 80 questions.  

This section can be used to study the topics featured on those 74 questions. For ALL test takers, it's recommended you study BOTH sections (the national and the state).

The two most effective study tools for the Colorado state exam portion are using real estate practice exams, and learning Colorado state-specific license laws.

Our state-specific real estate practice exam is a fantastic tool to help you grasp your state's real estate topics. It works just like our national real estate practice exam and is updated annually. 

Usually, using the state practice exam is enough for students to grasp the concepts. However, if you want more, the single most important resource out there is the laws they base the questions on. If you haven't looked at your state's Real Estate Statutes or Regulations, it's strongly recommended.

The test makers take snippets of laws applicable to your state and use them for the questions. We use the actual state laws to create our questions, which is why some of the questions may look familiar to you. Some websites and prep providers do not, and that's the secret. You need to know your state's laws. 

Furthermore, It would be best if you read through your laws at least once, and that's the greatest advice we can give you. Trust us, we know it can be very time-consuming, but reading through each one of these will provide you with precisely the information you need to pass. 

Best of luck, reach out if you need anything,

Real Estate License Wizard Team

Colorado Real Estate Statutes and Regulations

Here is our list of recommended Real Estate Statutes and Regulations you need to know:

NOTE: State websites update semi-frequently and sometimes their website URLs change. If any of the links posted below do not work, please reach out and we will update the links promptly. Thank you.


Colorado’s Real Estate Exam FAQs

Have a question about the real estate exam? Find the answers to all your real estate license questions here:

What are Colorado’s Real Estate License Requirements?

Real estate license requirements vary from state to state. Here are Colorado’s requirements:

  • Must be 18 years or older.
  • Must complete a background check.
  • Must have proof of errors and omissions insurance.
  • Must complete required state approved pre-licensing courses (168 credit hours).
  • Estimated cost of total fees and license: $595

How Hard is the Colorado Real Estate Exam?

The real estate exam is a rigorous and challenging test that weeds out those who are not committed to being skilled agents. Colorado has one of the hardest real estate exams because of its amount of state questions. With a total of 154 questions (80 national and 74 state), the score to pass is 60 for the national and 53 for the state.

How Many Questions Can You Miss on the Colorado Real Estate Exam?

In Colorado, you can miss 20 questions on the national and 21 on the state and still pass the real estate exam.

How Many Times Can You Take the Colorado Real Estate Exam?

There are no limits to the number of times you can take your real estate exam, but it must be passed within one year after passing through the 168-hour pre-licensing course.


What Is on the Colorado Real Estate Exam?

The 154 multiple-choice questions on the broker examination cover a variety of topics that are relevant to Colorado real estate license law. Here are what topics you are expected to know:

Colorado Portion Salesperson:

  1. Colorado Real Estate Commission and Licensing Requirements
  2. Colorado Laws Governing the Activities of Licensees
  3. Colorado Real Estate Agency
  4. Colorado Specific Real Estate Principles and Practices
  5. Colorado Fair Housing Law

Colorado National Portion Salesperson:

  1. Property Ownership
  2. Land Use Controls and Regulations
  3. Valuation and Market Analysis
  4. Financing
  5. General Principles of Agency
  6. Property Disclosures
  7. Contracts
  8. Leasing and Property Management
  9. Transfer of Title
  10. Practice of Real Estate

Want Colorado Real Estate Exam Prep?

Between our real estate practice exams, real estate prep, and educational video lessons – there is no better way to prepare for your exam day.

We’ve seen our students get results countless times so we’re proud to stand behind our content. Your success is everything to us, which is why we offer a no-questions-asked 30-day money-back guarantee.

We’ve helped thousands of motivated people pass their real estate exams and make their dreams come true. Ready to get started?