Colorado Real Estate Broker License: Free Study Course
Anyone studying for the Colorado real estate broker license who wants to learn the material before, or while, taking a Commission-approved 168-hour course.
54 lessons · 540 quiz questions · 551 flashcards · 698 glossary terms · 4 timed practice exams (308 questions). Your progress stays in your own browser.
Real Estate Law and Real Estate Practice
48 hours · 16 lessons · 4 CCR 725-1 Rule 2.1.A.2.a
- Who needs a license, and who runs the system (Commission, Division, license levels)
- Land, real property and personal property (fixtures, air, mineral and water rights)
- Legal descriptions and measuring land and buildings
- Ways to own: estates and forms of ownership (severalty, tenants in common, joint tenancy, condo, co-op, timeshare, trusts, entities, life estates)
- Encumbrances: liens, easements, encroachments, licenses, adverse possession
- Land use controls: government powers and private controls
- Value: appraisal, the three approaches, CMA, BPO, AVM
- Financing basics: note, deed of trust, LTV, PMI, points, interest, PITI, underwriting
- Kinds of loans: conventional, FHA, VA, USDA, ARM, balloon, interest-only, reverse, HELOC, construction, rehab, bridge, seller financing
- Lending laws: RESPA, Truth in Lending, TRID, Equal Credit Opportunity Act
- Agency basics: who you work for, duties, how relationships start and end
- Fair housing: federal and Colorado law, ADA, advertising
- Property disclosures: condition, environmental hazards, material facts
- Property management and landlord-tenant basics
- Transfer of title: deeds, title insurance, recording; foreclosures, short sales, probate
- Running a clean practice: antitrust, do-not-call, social media, employee vs contractor, supervision
Colorado Real Estate Contracts and Regulations
48 hours · 16 lessons · 4 CCR 725-1 Rule 2.1.A.2.b
- Contract law in plain words (valid, void, voidable, Statute of Frauds, options, remedies)
- Commission-approved forms and the practice of law
- Colorado brokerage relationships: single agent, transaction broker, designated broker, customer
- Disclosures of brokerage relationship (the Brokerage Disclosure to Buyer/Seller/Tenant/Landlord)
- The Exclusive Right-to-Sell Listing Contract
- The Exclusive Right-to-Buy contract and other buyer/tenant agreements
- Contract to Buy and Sell Real Estate (Residential), part 1: parties, price, terms, deadlines
- Contract to Buy and Sell, part 2: title, survey, HOA documents, objections
- Contract to Buy and Sell, part 3: inspections, due diligence, appraisal, loan, disclosures
- Contract to Buy and Sell, part 4: closing, possession, default, earnest money disputes, termination
- Counterproposals, amend/extend, notices, inspection objection and resolution
- Addenda and disclosure forms (seller disclosure, lead paint, short sale, square footage, source of water, wire fraud)
- Seller financing in Colorado: notes, deeds of trust, the public trustee
- Getting and keeping a Colorado license: levels, E&O insurance, renewal, continuing education, inactive status
- The Commission's powers: investigations, hearings, discipline, the Recovery Fund
- Licensee conduct rules: advertising, commissions, referral fees, rebates, conflicts, unlicensed assistants, sign crossing
Real Estate Closings
24 hours · 8 lessons · 4 CCR 725-1 Rule 2.1.A.2.c
- Who does what at closing, and the broker's duty for an accurate closing statement
- Closing documents and deeds
- Prorations: taxes in arrears, rent, HOA dues
- Reading a closing statement: debits and credits
- Seller's net proceeds and buyer's cash to close
- TRID: Loan Estimate and Closing Disclosure timing
- Title commitments, title insurance, recording, wire fraud
- One full closing worked start to finish
Trust Accounts and Record Keeping
8 hours · 3 lessons · 4 CCR 725-1 Rule 2.1.A.2.d
Current Legal Issues
8 hours · 3 lessons · 4 CCR 725-1 Rule 2.1.A.2.e
Practical Application
32 hours · 8 lessons · 4 CCR 725-1 Rule 2.1.A.2.f
- Your first week: employing broker, office policy, E&O, the transaction file
- The listing appointment with real numbers (CMA, net sheet, listing contract)
- Working with a buyer and writing an offer with real numbers
- Negotiation, counterproposals and multiple offers
- From contract to closing: the deadline calendar
- Investors, assignments and a licensee buying for themself
- Referrals and referral fees: how a referral-only license earns
- One full deal simulated start to finish
A 21-day plan
About 8 hours a day: read three lessons, take each quiz, and finish with the practice exams. Days with an exam are the last item of the day.
- Day 1 Who needs a license, and who runs the system (Commission, Division, license levels) · Land, real property and personal property (fixtures, air, mineral and water rights) · Legal descriptions and measuring land and buildings
- Day 2 Ways to own: estates and forms of ownership (severalty, tenants in common, joint tenancy, condo, co-op, timeshare, trusts, entities, life estates) · Encumbrances: liens, easements, encroachments, licenses, adverse possession · Land use controls: government powers and private controls
- Day 3 Value: appraisal, the three approaches, CMA, BPO, AVM · Financing basics: note, deed of trust, LTV, PMI, points, interest, PITI, underwriting · Kinds of loans: conventional, FHA, VA, USDA, ARM, balloon, interest-only, reverse, HELOC, construction, rehab, bridge, seller financing
- Day 4 Lending laws: RESPA, Truth in Lending, TRID, Equal Credit Opportunity Act · Agency basics: who you work for, duties, how relationships start and end · Fair housing: federal and Colorado law, ADA, advertising
- Day 5 Property disclosures: condition, environmental hazards, material facts · Property management and landlord-tenant basics · Flashcard review: Real Estate Law and Real Estate Practice
- Day 6 Transfer of title: deeds, title insurance, recording; foreclosures, short sales, probate · Running a clean practice: antitrust, do-not-call, social media, employee vs contractor, supervision · National practice exam 1
- Day 7 Contract law in plain words (valid, void, voidable, Statute of Frauds, options, remedies) · Commission-approved forms and the practice of law · Colorado brokerage relationships: single agent, transaction broker, designated broker, customer
- Day 8 Disclosures of brokerage relationship (the Brokerage Disclosure to Buyer/Seller/Tenant/Landlord) · The Exclusive Right-to-Sell Listing Contract · The Exclusive Right-to-Buy contract and other buyer/tenant agreements
- Day 9 Contract to Buy and Sell Real Estate (Residential), part 1: parties, price, terms, deadlines · Contract to Buy and Sell, part 2: title, survey, HOA documents, objections · Contract to Buy and Sell, part 3: inspections, due diligence, appraisal, loan, disclosures
- Day 10 Contract to Buy and Sell, part 4: closing, possession, default, earnest money disputes, termination · Counterproposals, amend/extend, notices, inspection objection and resolution · Addenda and disclosure forms (seller disclosure, lead paint, short sale, square footage, source of water, wire fraud)
- Day 11 Seller financing in Colorado: notes, deeds of trust, the public trustee · Getting and keeping a Colorado license: levels, E&O insurance, renewal, continuing education, inactive status · Flashcard review: Colorado Real Estate Contracts and Regulations
- Day 12 The Commission's powers: investigations, hearings, discipline, the Recovery Fund · Licensee conduct rules: advertising, commissions, referral fees, rebates, conflicts, unlicensed assistants, sign crossing · State practice exam 1
- Day 13 Who does what at closing, and the broker's duty for an accurate closing statement · Closing documents and deeds · Prorations: taxes in arrears, rent, HOA dues
- Day 14 Reading a closing statement: debits and credits · Seller's net proceeds and buyer's cash to close · TRID: Loan Estimate and Closing Disclosure timing
- Day 15 Title commitments, title insurance, recording, wire fraud · One full closing worked start to finish · Redo every question you missed
- Day 16 Trust money: earnest money, who holds it, deposit deadlines, commingling and conversion · Records: what to keep, how long, ledgers, reconciliation · Property management money: rents, security deposits, disbursements, audits
- Day 17 Commissions after the 2024 national settlement: buyer agreements, negotiable fees, disclosure · Wire fraud, data privacy, AI and social media advertising, fair housing in ads · What gets brokers in trouble: common complaints and how to stay clean
- Day 18 Your first week: employing broker, office policy, E&O, the transaction file · The listing appointment with real numbers (CMA, net sheet, listing contract) · Working with a buyer and writing an offer with real numbers
- Day 19 Negotiation, counterproposals and multiple offers · From contract to closing: the deadline calendar · Investors, assignments and a licensee buying for themself
- Day 20 Referrals and referral fees: how a referral-only license earns · One full deal simulated start to finish · Redo every question you missed
- Day 21 National practice exam 2 · State practice exam 2 · Redo every question you missed