VanEd CO State Exam Prep Q&A Latest Update
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VanEd CO State Exam Prep Q&A Latest Update
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| Uploaded on: | May 13, 2025 |
| Last updated: | May 13, 2025 |
| Number of pages: | 48 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | VanEd CO State Exam Prep Q&A Latest Update |
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VanEd CO State Exam Prep | Q&A Latest Update 2025/2026 | 100% PASS The Conway-Bogue Decision - Answer -is a court case that gave real estate agents in the state of Colorado the right to assist buyers and sellers in some legal aspect of the real estate transaction process. This ruling established the right of real estate licensees to use approved, standardized state forms. This decision provides that Brokers may not charge a separate fee for preparing documents and that they must use the state's standard and approved forms. What is the lowest level action the CREC may take against an agent? Answer -Issue letter of admonishment (warning) A(n) ____________ law judge hears a real estate case referred by the CREC. - Answer -Administration The CREC will investigate a phone complaint. True or False? - Answer False There are three levels of licensing available to all brokers depending on experience and time in the industry: - Answer -Associate Broker: All initial licensees must work for an employing broker (2 years minimum) and be subject to the employing broker's supervision.
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