Colorado Real Estate Exam Prep Q&A Latest Update

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Colorado Real Estate Exam Prep | Q&A Latest 2025/2026 100% PASS If a Seller carries back $12,000 at 10 percent interest and closes on July 9 with the first loan payment due September 1, the interest on the new loan on the settlement worksheet will be: - Answer -$75.62 Debit Buyer & Credit Seller At a minimum an independent broker's written office policy must identify and describe: - Answer -The relationships offered to the public by such broker Unless modified, the powers granted in a Colorado statutory power of attorney for property are - Answer -General in scope Under which of the following circumstances would a broker license NOT be placed on inactive status? - Answer -failing to meet your continuing education requirements The commission will, when becoming aware that a licensee has failed to maintain possession of transaction records for a period of four years, Answer -Impose an administrative fine not to exceed two thousand five hundred dollars for each separate offense If the commission finds that a licensee fails to maintain possession any documents or records regarding a transaction for a period of 4 years it may do all of the following except - Answer -impose an administrative fine of five thousand dollars for each separate offense