Colorado License LawIntermediateColorado Exam
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, as a general rule
BMust immediately transfer their licenses to another employing broker or become inactiveCorrect
CAutomatically receive independent broker status
DAre also automatically revoked
Why Must immediately transfer their licenses to another employing broker or become inactive Is Correct
Answer B: Must immediately transfer their licenses to another employing broker or become inactive
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.
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