Colorado License Law
In Colorado, 'errors and omissions insurance' (E&O) for real estate brokers is:
AA. Mandatory for all Colorado brokers
BB. Not required by Colorado law but is strongly recommended and often required by employing brokers to protect against negligence claims✓ Correct
CC. Only required for commercial property brokers
DD. Provided free by the Colorado Real Estate Commission
Explanation
Colorado does not currently require E&O insurance for real estate brokers by law, but it is a critically important professional liability protection. Many employing brokers require it. E&O insurance covers claims arising from negligent acts, errors, or omissions in the performance of professional services — such as failing to disclose known defects or missing contract deadlines.
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