Colorado License LawIntermediateColorado Exam
An individual licensed as a Colorado real estate broker wishes to practice under a team name. What is required?
ANo additional requirements; team names are always permitted, though the exact requirements can vary somewhat by jurisdiction
BThe team name must be registered with the Division of Real Estate and include the employing brokerage name in advertisingCorrect
CTeam names are prohibited under Colorado license law
DTeams must form a separate corporation
Why The team name must be registered with the Division of Real Estate and include the employing brokerage name in advertising Is Correct
Answer B: The team name must be registered with the Division of Real Estate and include the employing brokerage name in advertising
Colorado allows broker teams, but team names must be registered with the Division of Real Estate. All advertising must include both the team name and the employing brokerage name to comply with Commission advertising rules.
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