Colorado License LawIntermediateColorado Exam

Which of the following is grounds for denial, suspension, or revocation of a Colorado real estate license?

AWorking part-time in real estate
BCommingling client funds with personal fundsCorrect
CSelling your own home without an agent, in general
DReferring a client to another broker

Why Commingling client funds with personal funds Is Correct

Answer B: Commingling client funds with personal funds

Commingling — mixing client or trust funds with personal or business operating funds — is a serious violation of Colorado license law and is grounds for disciplinary action including license revocation.

Key Colorado License Law Terms in This Question

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