Colorado License Law
In Colorado, the errors and omissions (E&O) insurance requirement for brokers is:
AOptional but recommended
BRequired only for independent brokers
CMandatory for all active licensees✓ Correct
DOnly required for commercial brokers
Explanation
Colorado requires all active real estate brokers to carry errors and omissions insurance as a condition of maintaining an active license. The Division of Real Estate administers a group E&O program.
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