Colorado License LawIntermediateColorado Exam
The Colorado Real Estate Commission may impose which of the following disciplinary actions on a licensee?
ACriminal incarceration only
BLicense suspension, revocation, probation, or censure, and civil penaltiesCorrect
COnly a written warning for first offenses
DFinancial restitution payments to the state only, under typical circumstances
Why License suspension, revocation, probation, or censure, and civil penalties Is Correct
Answer B: License suspension, revocation, probation, or censure, and civil penalties
The Colorado Real Estate Commission may impose disciplinary actions including license suspension, revocation, probation, censure (public reprimand), and civil penalties (fines) for violations of Colorado license law and Commission rules.
People Also Study
Related Colorado Questions
- A Colorado licensee is found to have made substantial misrepresentations in a transaction. The Real Estate Commission may issue which of the following disciplinary penalties?Colorado License Law
- If the Colorado Real Estate Commission pays a claim from the Recovery Fund on behalf of a licensee, what happens to that licensee's license?Colorado License Law
- Which of the following is grounds for denial, suspension, or revocation of a Colorado real estate license?Colorado License Law
- The Colorado Civil Rights Commission investigates fair housing complaints at the state level. What is the maximum civil penalty for a first-time violation under the Colorado Fair Housing Act?Fair Housing
- A Colorado broker's license was revoked for fraud. After the revocation, the broker may apply for reinstatement:Colorado License Law
- Under Colorado Commission rules, a buyer's earnest money check is typically deposited into trust:Contracts
- A Colorado broker who is advertising a property for sale must include which information under Commission rules?Agency
Key Terms to Know
Math Concepts
State-Specific Concepts
License Law
Practice More Colorado Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free Colorado Quiz →