Colorado License LawIntermediateColorado Exam

A Colorado broker who wants to change their brokerage name must:

AA. Simply start using the new name immediately, though specific requirements can vary depending on the transaction details
BB. Apply for a name change with the Colorado Division of Real Estate and wait for approval before using the new nameCorrect
CC. Only update their business cards
DD. File with the Secretary of State only

Why B. Apply for a name change with the Colorado Division of Real Estate and wait for approval before using the new name Is Correct

Answer B: B. Apply for a name change with the Colorado Division of Real Estate and wait for approval before using the new name

A Colorado broker must apply for a name change with the Division of Real Estate and receive approval before operating under a different name. Using an unapproved trade name or operating under an incorrect name is a violation of Commission rules.

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