Colorado License LawIntermediateColorado Exam
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 ColoradoCorrect
CC. Nonprofit trade association for REALTORS in Colorado, a view that is fairly common though not universally accepted among practitioners
DD. Court that adjudicates real estate disputes
Why B. State agency within DORA that licenses and regulates real estate brokers, appraisers, and other real estate professionals in Colorado Is Correct
Answer B: B. State agency within DORA that licenses and regulates real estate brokers, appraisers, and other real estate professionals in Colorado
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.
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