Real Estate Exam Prep (Colorado) VanEd Q&A Latest Update

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Real Estate Exam Prep (Colorado) VanEd | Q&A Latest update 2025/2026 | 100% PASS True or false, when working with a buyer, an agent should make sure the buyer has enough for a down payment AND closing costs? - Answer -True A major difference of a Comparative Market Analysis and an appraisal performed for a lender is that ___ - Answer -Lender's appraisals for federally insured financial institutions must be prepared by licensed appraisers, while a CMA is prepared by a real estate broker At what time can a licensed broker commingle tenant security deposits and earned sales income? - Answer -When the brokerage maintains less than seven single family residential units. Errors and Omissions (E&O) Insurance must be purchased through Answer -The group E&O carrier with whom the Real Estate Commission contracts, or any carrier who meets the minimum requirements established by the Commission E&O Insurance must be in place . - Answer -Before an active license can be issued True or false, your clients' children who weigh less than 40 lbs. do not have to be in a "child seat" while you show property, if the parents don't care? - Answer -False