Colorado License Law
A Colorado broker's employing broker license is revoked. The associated brokers under that employing broker:
AMay continue practicing under the revoked employing broker's supervision
BMust immediately transfer their licenses to another employing broker or become inactive✓ Correct
CAutomatically receive independent broker status
DAre also automatically revoked
Explanation
When an employing broker's license is revoked, the associated brokers working under that employing broker can no longer practice under them. They must either transfer their license to a new employing broker or place their license on inactive status.
Related Colorado Colorado License Law Questions
- A Colorado licensee who wishes to practice real estate in another state must:
- A Colorado broker who receives a client's complaint must:
- In Colorado, a 'net listing' (where the broker keeps everything above a minimum price) is:
- Which of the following activities requires a real estate license in Colorado?
- A Colorado broker who moves their license to a new employing broker firm must also:
- Which Colorado statute governs the licensing and regulation of real estate brokers?
- A Colorado broker who wants to operate their own real estate firm must hold which type of license?
- Colorado requires that an employing broker's name appear on all licensed brokers' business cards and marketing materials because:
Practice More Colorado Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Colorado Quiz →