Colorado License LawIntermediateColorado Exam
In Colorado, a real estate licensee convicted of a felony must:
AAutomatically surrender their license
BNotify the Colorado Real Estate Commission, which will determine what action is appropriateCorrect
CHire a licensed defense attorney specializing in real estate law
DContinue practicing; criminal convictions are not grounds for license action, as a general rule
Why Notify the Colorado Real Estate Commission, which will determine what action is appropriate Is Correct
Answer B: Notify the Colorado Real Estate Commission, which will determine what action is appropriate
A Colorado licensee convicted of a felony or certain misdemeanors must notify the Colorado Real Estate Commission. The Commission will review the circumstances and determine appropriate action, which may range from no action to license revocation.
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