Colorado License Law
The Colorado Real Estate Commission can BEST be described as a(n):
AA. Federal agency that licenses brokers nationwide
BB. State agency within DORA that licenses and regulates real estate brokers, appraisers, and other real estate professionals in Colorado✓ Correct
CC. Nonprofit trade association for REALTORS in Colorado
DD. Court that adjudicates real estate disputes
Explanation
The Colorado Real Estate Commission is a state regulatory agency within the Department of Regulatory Agencies (DORA). It licenses and regulates real estate brokers, appraisers, and others; approves pre-license and CE courses; sets forms and practice standards; and disciplines licensees for violations. It is not a trade association (that's the Colorado Association of REALTORS).
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