Colorado Real Estate License — Online Program

Welcome & Student Onboarding Video Script

Formal Enrollment

Welcome to starting your new career!

Lesson 1 – Law – Interests in Real Property - (Make sure to read remarks below and download chapter)

L1-A – Property Concepts

L1-A Quiz

L1-B - Estates in Land

L1-B Quiz

L1-C - Types of Ownership

L1-C Quiz

L1 - TEXT BOOK Reinforcement Quiz - Did you download and reach Chapter pdf?

L1 - TEXT BOOK B Reinforcement Quiz with Explaination - Did you download and reach Chapter pdf?

L2 - Law - Limitations of Ownership - (Make sure to read remarks below and download chapter)

L2-A – Liens and Encumbrances

L2-A Quiz

L2-B – Easements and Private Restrictions

L2-B QUIZ

L2-C – Governmental Limitations

L2-C QUIZ

L2 - TEXT BOOK Reinforcement Quiz - Did you download and reach Chapter pdf?

L2 - TEXT BOOK (B) Reinforcement Quiz - Did you download and reach Chapter pdf?

L3 – Law – Evidence of Ownership: Title - (Make sure to read remarks below and download chapter)

L3-A – Notice and Recording

L3-A – Quiz

L3-B – Marketable Title and Chain of Title

L3-B - Quiz

L3-C – Title Insurance and Escrow Closing

L3-C - Quiz

L3 - TEXT BOOK Reinforcement Quiz - Did you download and reach Chapter pdf?

L3 - TEXT BOOK (B) Reinforcement Quiz - Did you download and reach Chapter pdf?

L4 - Law - Deeds: Acquistion of Title - (Make sure to read remarks below and download chapter)

L4-A - Transfer of Ownership & Elements of a Deed

L4-A - Quiz

L4-B - Types of Deeds

L4-B - Quiz

L4-C – Involuntary Transfer & Special Ownership

L4-C - Quiz

L4 - TEXT BOOK Reinforcement Quiz - Did you download and reach Chapter pdf?

L4 - TEXT BOOK (B) Reinforcement Quiz - Did you download and reach Chapter pdf?

L5 - Law - Agency Law & Brokerage Relationships - (Make sure to read remarks below and download chapter)

L5-A – Creation of Agency & Fiduciary Duties

L5-A Quiz

L5-B – Types of Agency Relationships

L5-B Quiz

L5-C – Authority of the Agent & Termination of Agency

L5-C Quiz

L5 - TEXT BOOK Reinforcement Quiz - Did you download and reach Chapter pdf?

L6 - Contract Law & Essential Elements of a Contract - (Make sure to read remarks below and download chapter)

L6-A – Essential Elements of a Contract

L6-A Quiz

L6-B – Types of Real Estate Contracts

L6-B Quiz

L6-C – Contract Termination & Breach of Contract

L6-C Quiz

L6 - TEXT BOOK Reinforcement Quiz - Did you download and reach Chapter pdf

L7 - Law - Legal Action - (Make sure to read remarks below and download chapter)

L7-A – Breach of Contract & Legal Remedies

L7-A Quiz

L7-B – Broker Legal Disputes & Commission

L7-B Quiz

L7-C – Legal Actions Affecting Real Property

L7-C Quiz

L7 - TEXT BOOK Reinforcement Quiz - Did you download and reach Chapter pdf

L8 - Land Meaurement & Math - (Make sure to read remarks below and download chapter)

L8-A – Land Descriptions & Survey Systems

L8-A Quiz

L8-B – Measurements & Real Estate Math

L8-B Quiz

L8-C – Commission & Area Calculations

L8-C Quiz

L8 - TEXT BOOK Reinforcement Quiz - Did you download and reach Chapter pdf

P1 – Practice – Appraisal and Value - (Make sure to read remarks below and download chapter)

P1-A – Value Concepts and Sales Comparison Approach

P1-A Quiz

P1-B – Cost Approach and Depreciation

P1-B Quiz

P1-C – Income Approach and Capitalization

P1-C Quiz

P1 - TEXT BOOK Reinforcement Quiz - Did you download and reach Chapter pdf

P2 – Practice – Lesson 2 — Finance, Acquisition of Title, Deeds, Mortgages and Trust Deeds - (Make sure to read remarks below and download chapter)

P2-A — Introduction to Real Estate Finance

P2-A - Quiz

P2-B — Finance, Acquisition of Title, Deeds, Mortgages and Trust Deeds

P2-B Quiz

P2-C — Deeds

P2-C Quiz

P2-D — Mortgages and Trust Deeds

P2-D Quiz

P2 - TEXT BOOK Reinforcement Quiz - Did you download and reach Chapter pdf

P3 – Practice – Finance (Continued) - (Make sure to read remarks below and download chapter)

P3-A - Economic Policy and the Federal Reserve

P3-A Quiz

P3-B - Mortgage Markets and Sources of Funds

P3-B Quiz

P3-C - Types of Real Estate Loans

P3-C - Quiz

P3 - TEXT BOOK Reinforcement Quiz - Did you download and reach Chapter pdf

P4 - Loans - (Make sure to read remarks below and download chapter)

P4 – A - Government Loan Programs (FHA and VA)

P4-A Quiz

P4 - B - VA - Guaranteed Loans

P4-B Quiz

P4-C - Conventional Loans and Private Mortgage Insurance

P4-C Quiz

P4-D -Loan Process and Loan Components

P4-D Quiz

P4 - TEXT BOOK Reinforcement Quiz - Did you download and reach Chapter pdf

P5 – Practice – Governmental Regulations - (Make sure to read remarks below and download chapter)

P5 - A — Federal Consumer Protection in Mortgage Lending

P5-A Quiz

P5 - B — The Loan Estimate (LE)

P5-B Quiz

P5 - C — The Closing Disclosure (CD)

P5-C Quiz

P5 - D — Definition of a Creditor and Compliance Responsibilities

P5-D Quiz

P5 - TEXT BOOK Reinforcement Quiz - Did you download and reach Chapter pdf

P6 – Practice – Foreclosure and Loan Practices - (Make sure to read remarks below and download chapter)

P6 – A – Foreclosure Basics

P6-A Quiz

P6 – B – Redemption and Foreclosure Outcomes

P6-B Quiz

P6 – C – Colorado Foreclosure Process

P6-C Quiz

P6 – D – Financing Structures and Problem Areas

P6-D Quiz

P6 - TEXT BOOK Reinforcement Quiz - Did you download and reach Chapter pdf

P7 – Practice – Counseling the Seller - (Make sure to read remarks below and download chapter)

P7 – A – Broker Responsibility and Seller Risk Factors

P7-A Quiz

P7 – B – Counseling and Qualifying the Buyer

P7 – B Quiz

P7 – C – Buyer Financial Resources

P7 – C Quiz

P7 – D – Additional Financing Sources and Credit Evaluation

P7 – D Quiz

P7 - TEXT BOOK Reinforcement Quiz

P8 – Practice – Financial Calculations - (Make sure to read remarks below and download chapter)

P8 – A – Principal and Interest Calculations

P8-A Quiz

P8 – B – Discounting and Present Value

P8-B Quiz

P8 – C – Amortization and Loan Repayment

P8-C Quiz

P8 – D – Tax Factors in Real Estate Ownership

P8 - D - TEXT BOOK Reinforcement Quiz

Math Mastery

MM-A1 — Math Foundations: Percentages & Decimals

MM-A1 Quiz — Percentages & Decimals

MM-B1 — Understanding Mill Levies

MM-B1 Quiz — Understanding Mill Levies

MM-C1 — Understanding Real Estate Commissions

MM-C1 Quiz- Understanding Real Estate Commissions

MM-D1 — Loan-to-Value Ratios & Down Payments

MM-D1 Quiz — Loan-to-Value Ratios & Down Payments

MM-E1a — Understanding Prorations

MM-E1a Quiz — Understanding Prorations

MM-E1b — Understanding Debits & Credits in Closings

MM-E1b Quiz — Understanding Debits & Credits

MM-F1 — Simple Interest Calculations

MM-F1 Quiz — Simple Interest Calculations

MM-G1 — Amortized Mortgage Calculations

MM-G1 Quiz — Amortized Mortgage Calculations

MM-H1 — CAP Rate & Investment Math

MM-H1 Quiz — CAP Rate & Investment Math

State Exam Math Drills

State Exam Math Drills Quiz

Math Mastery Assessment 1 - 15 – 75% Required

Math Mastery Assessment 16 - 25 – 75% Required

Math Mastery Quiz — Questions 26–50

National Readiness Exam –2 Hour Timed Exam - 75% Required - If you do not pass, you must wait 24 hours before retaking the exam.

Colorado Access (National Completion Required)

CO1 – Practice – Colorado Broker License Law - (Make sure to read remarks below and download chapter)

CO1 – A – Purpose of License Law, DORA, and the Real Estate Commission

CO1 – B – License Requirements, Definitions, and Brokerage Relationships

CO1 – C – Agency, Transaction Brokerage, Uniform Duties, and Mandatory Disclosures

CO1 – D – Uniform Duties, Brokerage Relationships, and Required Disclosures

CO1 - Quiz

CO2 – Practice – Licensing Education Requirements - (Make sure to read remarks below and download chapter)

CO2 – A – Prelicensing, Continuing Education, and License Renewal

CO2 – B – Licensing Rules, Trade Names, E&O Insurance, and Brokerage Operations

CO2 – C – Brokerage Relationships, Disclosures, and Commission-Approved Forms

CO2 – D – Standard Forms, Addenda, Additional Provisions, and Prohibited Provisions

CO2 - Quiz

CO3 – Practice – Colorado Rules and Regulations - (Make sure to read remarks below and download chapter)

CO3 – A – Agency Law, Fiduciary Relationships, and Types of Agency

CO3 – B – Creation of Agency, Authority, Estoppel, Ratification, and Power of Attorney

CO3 – C – Duties Between Agent, Principal, and Third Parties

CO3 – D – Buyer Agency, Termination of Agency, and Broker–Agent Relationships

CO3 – E – Sources of Law and the State and Federal Legal Systems

CO3 - Quiz

CO4 – Practice – Contract Law - (Make sure to read remarks below and download chapter)

CO4 – A – Contract Law Basics and Essential Elements of a Contract

CO4 – B – Real Estate Contract Components and Key Purchase Contract Provisions

CO4 – C – Offers, Acceptance, Counteroffers, and Termination of Offers

CO4 – D – Brokerage Relationships, Transaction Brokerage, and Written Agreements

CO4 – E – Energy Rated Homes and Contract Form Review

CO4 - Quiz

CO5 – Practice – Listings - (Make sure to read remarks below and download chapter)

CO5 – A – Listing Agreements and Colorado Listing Requirements

CO5 – B – Types of Seller Listing Agreements

CO5 – C – Broker Compensation, Procuring Cause, and Commission Rules

CO5 – D – Seller Agency, Transaction Brokerage, and Brokerage Duties

CO5 – E – Listing Contract Review and Key Form Provisions

CO5- Quiz

CO6 – Practice – The Essential Elements of a Contract - (Make sure to read remarks below and download chapter)

CO6 (A) – Contracts Exam

CO06 - (B) - Contracts Exam

CO7 – Practice – Disclosures & Forsm - Make sure to go to "Colorado Contracts - Forms Library" to review all Agreements & Disclosures

CO7 – A – Brokerage Relationships and Brokerage Disclosure Forms

CO7 - B – Lead-Based Paint Disclosure

CO7 - C – Seller Disclosures

CO7 – D – Counterproposal and Agreement to Amend/Extend Contract

CO8 – Practice – Colorado Rules & Regulations: Property Management - (Make sure to read remarks below and download chapter)

CO8 – A – Property Management Roles, Authority, and Supervision

CO8 – B – Management Agreements, Leasing Services, and Required Forms

CO8 – C – Trust Accounts, Record Keeping, and Security Deposits

CO8 – D – Brokerage Relationships, Leasehold Tenancies, and Lease Types

CO8 – E – Lease Termination, Habitability, Carbon Monoxide, RESPA, and Radon

CO8 – F – Leasehold Estates, Leases, and RESPA

CO8 - Quiz Colorado Rules & Regulations: Property Management

CO9 – Introduction – Fair Housing - (Make sure to read remarks below and download chapter)

CO9 – A – Introduction to Fair Housing, Protected Classes, and Exemptions

CO9 – B – Historical Background and Federal Fair Housing Development

CO9 – C – Working With Sellers, Listing Procedures, and Reporting Discrimination

CO9 – D – Advertising, Target Marketing, and REALTOR® Code of Ethics

CO9 – E – Fair Housing Complaint Procedures and Penalties

CO9 - Quiz

CO10 – Trust Accounts - (Make sure to read remarks below and download chapter)

CO10 – A – Trust Account Purpose, Definitions, and Broker Responsibilities

CO10 – B – Recordkeeping Requirements, Journal Entries, and Account Controls

CO10 – C – Account Reconciliation, Audits, and Compliance Procedures

CO10 – D – Property Management Trust Accounts and Security Deposits

CO10 – E – Closing Funds, Disbursement Rules, and Escrow Documentation

CO10 - Quiz

CO11 – Practice – Current Legal Issues - (Make sure to read remarks below and download chapter)

CO11 – A – Brokerage Relationships, Authority, and Duties to Sellers and Buyers

CO11 – B – Contract Law, Licensing Concerns, and Practice of Law by Brokers

CO11 – C – Licensee Acting on Own Account, Vicarious Liability, and Dispute Resolution

CO11 – D – Brokerage Relationship Rules, Buyer Broker Issues, and Property Inspection Concerns

CO11 – E – Real Property, Commercial, Environmental, Tax, and Commission Legal Issues

CO11 - Quiz

CO12 - Welcome to Current Legal Issues (make sure to download chapter)

CO12 – A – Brokerage Relationships, Seller Duties, Authority, and Disclosure

CO12 – B – Buyer Duties, Contract Law, Licensing, and Unauthorized Practice of Law

CO12 – C – Brokers Acting on Their Own Account, Vicarious Liability, and Dispute Resolution

CO12 – D – Brokerage Relationship Rules, Environmental Issues, Lead-Based Paint, and Property Management

CO12 – E – Real Property, Government, Commercial, Tax, Bankruptcy, Intellectual Property, and Commission Issues

CO12 – Current Legal Issues - Quiz

CO13 – Practice – Specialized Real Estate and Continuing Education - (Make sure to read remarks below and download chapter)

CO13 – A – Continuing Education Requirements and Ongoing Competency

CO13 – B – Business Opportunities and Sale of Intangible Interests

CO13 – C – Oil and Gas Leasing and Mineral Rights Considerations

CO13 – D – Farm and Ranch Sales, Valuation, and Agricultural Considerations

CO13 – E – Industry Change, Professional Development, and Broker Responsibility

CO13 - Quiz

Purpose of This Chapter

CO-FORMS – Contract to Buy & Sell (Residential)

CO-FORMS – Exclusive Right to Buy Listing Contract

CO-FORMS – Exclusive Right to Sell Listing Contract

CO-FORMS – Brokerage Disclosure to Buyer

CO-FORMS – Brokerage Disclosure to Seller

CO-FORMS – Seller’s Property Disclosure

CO-FORMS – Inspection Objection

CO-FORMS – Inspection Resolution

CO-FORMS – Inspection Termination

CO-FORMS – Counterproposal

CO-FORMS – Amend/Extend Contract

Welcome to Colorado Closings

The Only Two Definitions You Need

The Colorado Clock: 365 Days

Where the Money Goes: Standard Placements

The 5-Step Math Engine

Download Your 6-Column Practice Worksheet

---CHAPTER 1: HAROLD & JEAN BLUE:LESSON 1 ---

The Harold and Jean Blue Scenario

Step 1: Placing the Big Four

The Seller's Loan Payoff

Step 3: Insuring the Title

Step 4: Filing the Paperwork

Step 5: The Documentary Fee

Step 6: Proving the Taxes

Step 7: The Tax Proration (Arrears)

Step 8: Setting Up the Tax Reserve

Step 9: The Water Bill Proration

Step 10: Forcing the Balance

Wait! My Worksheet Doesn't Balance! (How to Fix It)

Lesson 1: The Master Answer Key

Chapter 1: The Basics Knowledge Check

---CHAPTER 2: THE PROFESSIONAL FEES & HOA ---CHAPTER 2

The Anchor Entries (Price & Deposit)

Step 2: Calculating the Commission

Step 3: HOA Dues - Paying it Forward

Step 4: Balancing the Debt (The Payoff and the New Loan)

Step 5: The Paperwork & The State Tax

Step 6: The June 15th Tax Split

Step 7: The Final Piece - The Tax Reserve

Chapter 2 Master Answer Key: Sam, Sally, and the Bakers

Chapter 2 Knowledge Check

--- CHAPTER 3: THE SELLER CARRY & INVESTOR MATH ---CHAPTER 3

Lesson 3: The Bob and Alice Scenario

Step 1: The Seller Carry Entry

Step 2: Interest Proration (Seller Carry)

Step 3: Title Insurance - Owner's vs. Lender's

Step 4: Out with the Old, In with the New

Step 5: Recording and the Penny Tax

Step 6: The July 20th Tax Split

Step 7: Forcing the Balance with a Seller Carry

Chapter 3 Knowledge Check

Chapter 3 Master Answer Key: Bob, Alice, and the Seller Carry

--- CHAPTER 4: LOAN ASSUMPTIONS & ESCROW TRANSFERS ---CHAPTER 4

Lesson 4: The Charlie and Dana Assumption"

Step 2: Accrued Interest - The Hidden Ouch

Step 3: Moving the Escrow Account

Step 4: Recording the Assumption & The State Tax

Step 5: The August 10th Tax Split

Chapter 4 Master Answer Key: Charlie, Dana, and the Assumption

The Chapter 4 Quiz

--- CHAPTER 5: DISTRESSED PROPERTIES & THE FINAL AUDIT ---CHAPTER 5

Lesson 5: The Short Sale Challenge

Step 1: Balancing the Short Sale

Step 2: The Public Trustee Fee

Chapter 5 Master Answer Key: The Short Sale Result"

Chapter 5 Quiz

CHAPTER 6: THE INTEGRATED FINAL EXAM

Colorado Closings — Integrated Final Quiz

Colorado Closings — Completed Worksheets & Answer Keys

Congratulations!!!!! FINAL EXAM INSTRUCTIONS