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Colorado Real Estate Exam Prep State
Portion Section 1 Duties and Powers of
the Real Estate Commission and
Section 2 Licensing Requirements
Questions and Answers Latest 2026
What is the purpose of Colorado real estate License Law
Ans: Protect the public of the State of Colorado
The purpose of the Colorado Real Estate Commission is
to: Ans: Protect the public of the state of Colorado in real
estate matters
Acting as a real estate broker without a license or with a
suspended license is: Ans: a misdemeanor punishable by
six months in jail and a fine up to $500
The Real Estate Commission: Ans: Consists of 5 members
who are appointed by the governor and meet monthly
If a broker is accused of a violation of the license law in a
complaint to the commission and the commission
investigative staff determines that the violation probably
happened, the commission: Ans: May decide to refer the
matter to a hearing before an appointed administrative
law judge.
© 2025 All rights reserved
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If a licensee has violated the license law, what is the
maximum monetary penalty the Real Estate Commission
may impose? Ans: $2500 administrative fine
To suspend, revoke, or deny a license, requires a vote of:
Ans: a majority of the members of the Real Estate
Commission
The Real Estate Commission must investigate Ans: any
verified written complaint
The Commission may investigate a licensee's activities,
and upon sufficient grounds: Ans: may suspend, censure,
and fine the licensee a sum not exceeding $2,500
Which of the following is grounds for the Commission
suspending or revoking a license? Ans: 1.Knowingly
making use of any false or misleading advertising.
2. Acting for more then one party without the knowledge
of all parties.
3. Commingling funds
Who have given the Real Estate Commission rule-making
authority? Ans: The State Legislature
In which situations may the Commission suspend an
Associate Brokers license? Ans: Taking a secret or
undisclosed profit in a real estate transaction.
© 2025 All rights reserved
Colorado Real Estate Exam Prep State
Portion Section 1 Duties and Powers of
the Real Estate Commission and
Section 2 Licensing Requirements
Questions and Answers Latest 2026
What is the purpose of Colorado real estate License Law
Ans: Protect the public of the State of Colorado
The purpose of the Colorado Real Estate Commission is
to: Ans: Protect the public of the state of Colorado in real
estate matters
Acting as a real estate broker without a license or with a
suspended license is: Ans: a misdemeanor punishable by
six months in jail and a fine up to $500
The Real Estate Commission: Ans: Consists of 5 members
who are appointed by the governor and meet monthly
If a broker is accused of a violation of the license law in a
complaint to the commission and the commission
investigative staff determines that the violation probably
happened, the commission: Ans: May decide to refer the
matter to a hearing before an appointed administrative
law judge.
© 2025 All rights reserved
, 2 | Page
If a licensee has violated the license law, what is the
maximum monetary penalty the Real Estate Commission
may impose? Ans: $2500 administrative fine
To suspend, revoke, or deny a license, requires a vote of:
Ans: a majority of the members of the Real Estate
Commission
The Real Estate Commission must investigate Ans: any
verified written complaint
The Commission may investigate a licensee's activities,
and upon sufficient grounds: Ans: may suspend, censure,
and fine the licensee a sum not exceeding $2,500
Which of the following is grounds for the Commission
suspending or revoking a license? Ans: 1.Knowingly
making use of any false or misleading advertising.
2. Acting for more then one party without the knowledge
of all parties.
3. Commingling funds
Who have given the Real Estate Commission rule-making
authority? Ans: The State Legislature
In which situations may the Commission suspend an
Associate Brokers license? Ans: Taking a secret or
undisclosed profit in a real estate transaction.
© 2025 All rights reserved
