COLORADO CONTRACTS & REGULATIONS FINAL EXAM bundle

CH. 4 - REVIEW OF COLORADO CONTRACT LAW COLORADO CONTRACTS & REGULATIONS UNIT EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ According to the Colorado Real Estate Commission, division of a property into how many interests defines a subdivision? - -20 Which of the following is NO...

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 ...

COLORADO CONTRACTS & REGULATIONS- UNIT 2 COLORADO REGULATIONS QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+ Which of the following is true: 1. Only Firm Name, Address, Phone Number, Email address,Trademark and other identifying information may be added to the Commission-approved forms. 2....

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 E...

COLORADO CONTRACTS & FORMS PRACTICE QUESTIONS & ANSWERS, 100% ACCURATE, GRADED A+/ In Colorado approved sales contract, the Additional Provisions must contain only A) Commonly used clauses. B) Transaction specific terms. C) Any terms agreed to by the seller and broker. D) Any terms agreed...

COLORADO CONTRACTS & REGULATIONS UNIT EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, 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 prosecu...

COLORADO CONTRACTS RE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+. VERIFIED. mutual assent - -An offer is a promise by one party to act in a certain manner provided the other party will act in the manner requested. Lapse of time - - Revocation - -withdraw of the offer at any time before acce...

COLORADO CONTRACTS EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE. VERIFIED. An incorrect statement concerning an offer to purchase is ___________ 1. It may be withdrawn by buyer prior to seller's acceptance thereof. 2. It may not be withdrawn by buyer. 3. It must be presented in a timely m...

COLORADO CONTRACTS EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ VERIFIED. Who would NOT have an obligation to inform the seller of buyer's financial inability to perform the contract? Lender If a licensee has knowledge that the buyer may not have financial ability to purchase...

COLORADO CONTRACTS EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. Real Estate Commission --Appointed commission responsible for overseeing the implementation and administration of a state's real estate license law. It usually is empowered to grant, revoke, or suspend licenses, and o...

COLORADO CONTRACTS AND REGULATIONS/UNIT 1: LICENCE LAW QUESTIONS & ANSWERS, RATED A+ Public wrongs - -The law of Crimes Time Share - -Ownership (fee) or Right-to-Use (contract) of a property by multiple parties, each for a specified time period. Treble Damages - -The Statue Authorizing treble...

COLORADO CONTRACTS AND REGULATIONS QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ A listing broker should do all of the following EXCEPT - -Advise prospective buyers of the lowest price the seller will accept. The Conway-Bogue decision - -set the degree to which real estate brokers may pract...

COLORADO CONTRACTS AND REGULATIONS QUESTIONS AND ANSWERS, 100% ACCURATE, VERIFIED. In the Contract to Buy and Sell Real Estate, all of the following are negotiable clauses EXCEPT - -The answer is mediation. Mediation is the only clause that is not negotiable. The others have a check box or bl...

COLORADO CONTRACTS AND REGULATIONS PT. 2 EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. In a transaction with a listing broker and a broker acting as. buyers agent, who normally holds the earnest money? - -the listing broker when a broker and a buyer enter into an exclusive right to b...