A non-resident Colorado broker receiving a fee from a Colorado broker must maintain an office int he broker's home state.

a. true
b. false

Answer: a. true

Business

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An inactive licensee buying property for herself must always:

A. Advise fer broker with a written letter of intent. B. Maintain a copy of the contract for seven years. C. Be represented by a licensed broker. D. Clearly disclose her licensing status in the sales contract.

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The best indication of a property's value is:

A. Current listings B. Expired listings C. Recently sold properties D. Any of the above

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