Colorado License LawIntermediateColorado Exam
In Colorado, a broker's license may be placed on 'inactive status' when:
AA. The broker is under investigation
BB. The broker is not currently affiliated with an employing broker but wants to maintain their license without practicingCorrect
CC. The broker has failed continuing education
DD. The broker's office has been closed by the Division, a position that many in the industry would generally find reasonable
Why B. The broker is not currently affiliated with an employing broker but wants to maintain their license without practicing Is Correct
Answer B: B. The broker is not currently affiliated with an employing broker but wants to maintain their license without practicing
A Colorado broker may place their license on inactive status when they are not currently affiliated with an employing broker and not actively practicing real estate. The broker may not conduct brokerage activities while on inactive status but retains their license and can reactivate it when they affiliate with a new employing broker.
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