licensee should advise _____ .A. title examinationB. legal

Ch. 2 Colorado Real Estate Commission Rules Flashcards The Colorado Real Estate commission has ____ Rules.5 Before renewing your license on active status every 3 years, you must complete ____ hours of continuing education.24 If at closing, a seller refuses to pay a broker's commission in full, the broker may rightfully _____ .file a claim in small claims court to recover the amount due.Employing broker supervision extends to _____ . all persons working in the firm, licensed and unlicensed.According to REC rules and regulations, a real estate licensee should advise _____ .A. title examinationB. legal counsel or adviceC. both a and bD. none of the above

• Both A and B

If the seller withdraws from a valid Contract to Buy and Sell Real Estate, the earnest money _____ .is returned in full to the buyer.If a broker knows a property owner is under a listing contract with another broker, he or she must _____ .negotiate the terms of a future listing subject to the termination, release or expiration of the current listing if the property owner initiates the contact.A broker for a corporation must _____ .be licensed as a broker.An applicant for a real estate license with a felony conviction more than 10 years before the application date

_____ .

is not required to reveal the conviction on the application.According to Commission rule, every listing/employment agreement must include the date of the _____ .contract termination.