Free Colorado Broker Examination - State Portion Practice Questions

Sample Practice Questions

Try these 10 sample questions from the Colorado Broker Examination - State Portion practice bank. Each includes the answer and explanation. Continue with the interactive practice above to review the full question set.

1. 1Which activity is part of the Colorado Real Estate Commission's general role?

   1. A. Setting monetary policy for mortgage lenders
   2. B. Conducting rulemaking hearings and taking disciplinary action against brokers
   3. C. Recording deeds for county clerks
   4. D. Issuing title insurance commitments

   Answer: B

   Explanation: The Manual says the Commission can "conduct rulemaking hearings" and "take disciplinary action against real estate brokers"; those are Commission functions.

   Reference: 2026_CREM_FullVersion — Chapter 1, The Commission Office, page 1-1

2. 2What entry-level license does a new Colorado real estate applicant seek under the Commission rules?

   1. A. Associate Broker level license
   2. B. Independent Broker level license
   3. C. Employing Broker level license
   4. D. Real Estate School license

   Answer: A

   Explanation: Rule 2.6 is titled "Associate Broker Level License Requirements" and its New License path governs an applicant never licensed elsewhere.

   Reference: Code of Colorado Regulations — Rule 2.6.A

3. 3A Colorado associate broker advertises a listed property. Which name must the advertising clearly and conspicuously include?

   1. A. The county assessor's name
   2. B. The brokerage firm's licensed name
   3. C. The title company's trade name
   4. D. The mortgage lender's legal name

   Answer: B

   Explanation: Rule 6.10 states: "All Advertising must be done clearly and conspicuously in the name of the Broker's Brokerage Firm."

   Reference: Code of Colorado Regulations — Rule 6.10.A.4

4. 4What may an unlicensed on-site manager not do for a Colorado employing broker?

   1. A. Collect rent under supervision
   2. B. Schedule authorized maintenance
   3. C. Negotiate material lease terms
   4. D. Report collected deposits

   Answer: C

   Explanation: Rule 6.3.E directs the employing broker to instruct the manager "not to negotiate" material lease or rental terms.

   Reference: Code of Colorado Regulations — Rule 6.3.E.5

5. 5In Colorado's Exclusive Right-to-Buy Listing Contract, which brokerage relationship must be selected for the broker?

   1. A. Buyer agency or transaction-brokerage
   2. B. Dual agency or subagency
   3. C. Seller agency or title agency
   4. D. Customer status or escrow agency

   Answer: A

   Explanation: The approved agreement offers the relationship choices "Buyer Agency" and "Transaction-Brokerage" for the broker's service to the buyer.

   Reference: Exclusive Right To Buy Listing Contract (fillable) — BC60-1-26, section 4

6. 6For how long must Colorado brokers retain a transaction file after a consummated transaction?

   1. A. One year
   2. B. Two years
   3. C. Four years
   4. D. Seven years

   Answer: C

   Explanation: Rule 6.20 requires retention "for a period of four (4) years beginning from the consummation date of the transaction."

   Reference: Code of Colorado Regulations — Rule 6.20

7. 7To what date are specified expenses generally prorated under the Colorado residential contract?

   1. A. Listing Date
   2. B. Effective Date
   3. C. Closing Date
   4. D. Possession Date

   Answer: C

   Explanation: Section 16.1 provides: "The following will be prorated to the Closing Date, except as otherwise provided."

   Reference: Contract to Buy and Sell Real Estate (Residential) - REDLINES — CBS1-6-24, section 16.1

8. 8A listing contract is taken by a Colorado associate broker for a particular consumer and transaction. In what capacity may that broker be designated?

   1. A. Only as a dual agent
   2. B. As either a single agent or transaction-broker
   3. C. Only as a customer representative
   4. D. Only as an independent broker

   Answer: B

   Explanation: Rule 6.6.A allows the designated broker to act "as either a Single Agent or Transaction-Broker."

   Reference: Code of Colorado Regulations — Rule 6.6.A

9. 9How many members serve on the Colorado Real Estate Commission?

   1. A. Three
   2. B. Four
   3. C. Five
   4. D. Seven

   Answer: C

   Explanation: The Manual states that the Division "has a five-member Commission"; therefore five is the controlling number.

   Reference: 2026_CREM_FullVersion — Chapter 1, The Commission Office, page 1-1

10. 10Which combination is required by Colorado's new-license route for an applicant never licensed in any jurisdiction?

    1. A. Experience, an independent-broker application, and a local permit
    2. B. Education, successful licensing examination, and fingerprints
    3. C. A law degree, a title license, and an appraisal credential
    4. D. Reciprocity approval, a branch-office license, and a bond

    Answer: B

    Explanation: Rule 2.6.A lists "Proof of completion of the educational requirements," successful examination, and "Submission of fingerprints."

    Reference: Code of Colorado Regulations — Rule 2.6.A.1-3