AgencyIntermediateColorado Exam

In Colorado, a broker who 'abandons' their client during a transaction by suddenly becoming unavailable or failing to communicate may be found to have:

AA. Properly terminated the agency relationship
BB. Breached their duty to the client, potentially resulting in license discipline and civil liabilityCorrect
CC. Protected themselves from liability by not participating in a problematic deal, under this approach
DD. Engaged in legally acceptable behavior if the client had another broker

Why B. Breached their duty to the client, potentially resulting in license discipline and civil liability Is Correct

Answer B: B. Breached their duty to the client, potentially resulting in license discipline and civil liability

A Colorado broker who accepts a client and then abandons them during a transaction without proper written notice of termination has breached their duty of care. This can result in disciplinary action by the Real Estate Commission, civil liability for damages caused by the abandonment, and claims for breach of fiduciary duty.

Exam Tip: Agency

Agency questions are among the most tested on the exam. Focus on the difference between client and customer, and memorize the fiduciary duties (OLD CAR). Watch for questions that try to blur the line between a general agent and a special agent.

Key Agency Terms in This Question

People Also Study

Study This Topic

Practice More Colorado Real Estate Questions

1,400+ questions covering all exam topics. Start free — no signup required.

Take the Free Colorado Quiz →