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Below you can find an example of results from a student's PSI Colorado real estate license exam. These exam results can help you understand the questions and content you should expect to see on the broker exam.
Category | Pass Rate | Questions Given | Correct Answers |
---|---|---|---|
Duties and Powers of the Real Estate Commission | 100% | 2 | 2 |
General Powers of the Real Estate Commission | 1 | 1 | |
Investigations, Hearings, Appeals, Criminal Violations, License Law Violations | 1 | 1 | |
Licensing Requirements | 10% | 3 | 3 |
Types of Licenses/Corporations | 0 | 0 | |
Acts Requiring a License | 1 | 1 | |
License Maintenance | 1 | 1 | |
License Qualifications and Exemptions | 0 | 0 | |
Errors and Omissions Insurance | 1 | 1 | |
Requirements Governing the Activities of Licensees | 80% | 10 | 8 |
Advertising; Trade Names | 1 | 0 | |
Brokerage Administration | 3 | 2 | |
Commissions, Rebates, Referrals, & Fees | 2 | 2 | |
Disclosure of Conflict of Interest or Licensed Status | 0 | 0 | |
Handling of Documents | 1 | 1 | |
Listings (Chapter 13, Rule E-11) | 1 | 1 | |
Practice of Law | 2 | 2 | |
Unlicensed Personal Assistants | 0 | 0 | |
Rule E-13 | 0 | 0 | |
CP-30: Seller Assisted Down Payment. | 0 | 0 | |
Additional Topics | 89% | 9 | 8 |
Property Management; Landlord Tenant Act | 2 | 1 | |
Water Rights | 0 | 0 | |
Surface vs. Subsurface Rights | 0 | 0 | |
Colorado Taxes | 2 | 2 | |
Mortgage Brokers, Bankers | 2 | 2 | |
Colorado Fair Housing Act | 0 | 0 | |
Real Estate Securities | 1 | 1 | |
Redemption & Foreclosure Processes | 1 | 1 | |
Homestead Exemption | 1 | 1 | |
Statutory Power of Attorney | 0 | 0 | |
Colorado Forms and Contracts | 90% | 20 | 18 |
Listing Contracts | 2 | 1 | |
Contracts to Buy and Sell Real Estate | 6 | 5 | |
Rule F | 2 | 2 | |
Deeds of Trust/Promissory Notes | 2 | 2 | |
Disclosure Documents | 4 | 4 | |
Addenda to Contracts | 3 | 2 | |
Counterproposal Form | 1 | 1 | |
Record Keeping and Trust Accounts | 50% | 6 | 3 |
Transaction Record Keeping | 4 | 2 | |
Trust Accounts | 2 | 1 | |
Closing and Settlement | 100% | 13 | 13 |
Computation of Proration | 3 | 3 | |
Closing Instructions | 1 | 1 | |
Responsibility for Accuracy of Closing Statements | 2 | 2 | |
Closing Differences with Different Types of Loans | 3 | 3 | |
Charges to Buyer | 1 | 1 | |
Charges to Seller | 1 | 1 | |
Credits to Broker/Closer | 1 | 1 | |
Closing Documents | 1 | 1 | |
Brokerage Relationships | 64% | 11 | 7 |
Brokerage Relationship Disclosure | 2 | 1 | |
Transaction Brokerage | 3 | 1 | |
Agents | 2 | 2 | |
Designated Brokers | 4 | 3 |