The Colorado real estate exam covers the following areas: National Portion: Property Ownership, Land use controls and regulations, Valuation and market analysis, Financing, General principles of agency, Property condition and disclosures, Contracts, Transfer of title, Real estate calculations, Specialty areas. State-Specific Portion: Duties and Powers of the Real Estate Commission, Licensing Requirements, Requirements Governing the Activities of Licenses, Additional Topics, Colorado Forms and Contracts, Record Keeping and Trust Accounts, Closing and Settlement, Brokerage Relationships.