Colorado License Law
A Colorado associate broker who provides unlicensed real estate services may face:
AA. Only a civil fine from the Colorado Division
BB. Criminal penalties (misdemeanor or felony), civil liability, and loss of any commission earned✓ Correct
CC. No consequences if acting in good faith
DD. Only a warning letter from the Division
Explanation
Engaging in real estate brokerage activities without a license in Colorado is a criminal violation (typically a misdemeanor or felony depending on circumstances) and can result in civil liability. Additionally, an unlicensed person cannot enforce a commission claim in Colorado courts.
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