Colorado License Law
A Colorado broker who sells a property belonging to a family member must:
ACharge a reduced commission to avoid a conflict of interest
BDisclose the relationship to all parties in the transaction✓ Correct
CWithdraw from the transaction entirely
DHave the family member represent themselves
Explanation
A Colorado broker who has a personal or family relationship with a party in a transaction must disclose this relationship to all other parties. The disclosure allows the other parties to make informed decisions about whether to proceed.
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