Colorado License LawIntermediateColorado Exam
A Colorado broker convicted of a crime involving fraud or dishonesty may:
AA. Continue practicing real estate with no consequences, which is the approach most often followed
BB. Be subject to license suspension, revocation, or denial by the Colorado Real Estate CommissionCorrect
CC. Only be fined, not have their license revoked
DD. Appeal only to the federal courts
Why B. Be subject to license suspension, revocation, or denial by the Colorado Real Estate Commission Is Correct
Answer B: B. Be subject to license suspension, revocation, or denial by the Colorado Real Estate Commission
Under Colorado license law, conviction of a crime involving fraud, dishonesty, or moral turpitude is grounds for the Real Estate Commission to deny, suspend, or revoke a broker's license. The Commission evaluates each case, considering the nature of the crime and its relationship to real estate practice.
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