Colorado Real Estate 2026/2027 Exam Prep State Portion Section
1 Duties and Powers of the Real Estate Commission and Section 2
Licensing Requirements
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: - answer>>>May decide to refer the matter to a hearing before an
appointed administrative law judge.
If a licensee has violated the license law, what is the maximum monetary penalty the
Real Estate Commission may impose? - answer>>>$2500 administrative fine
To suspend, revoke, or deny a license, requires a vote of: - answer>>>a majority of the
members of the Real Estate Commission
The Real Estate Commission must investigate - answer>>>any verified written
complaint
The Commission may investigate a licensee's activities, and upon sufficient grounds: -
answer>>>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?
- answer>>>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? - answer>>>The
State Legislature
In which situations may the Commission suspend an Associate Brokers license? -
answer>>>Taking a secret or undisclosed profit in a real estate transaction.
When are rules made by the Real Estate Commission? - answer>>>After written notice
and a hearing in which all interested parties may participate.
When a licensee acts as a broker involving an interest in real estate, and is a party to a
court action involving that same interest, the Commission may: - answer>>>Require the
licensee to furnish copies of all pleadings
After investigation has taken place determining licensee misconduct, the Commission -
answer>>>May issue a letter of admonishment
How often does the Real Estate Commission meet? - answer>>>Monthly
1 Duties and Powers of the Real Estate Commission and Section 2
Licensing Requirements
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: - answer>>>May decide to refer the matter to a hearing before an
appointed administrative law judge.
If a licensee has violated the license law, what is the maximum monetary penalty the
Real Estate Commission may impose? - answer>>>$2500 administrative fine
To suspend, revoke, or deny a license, requires a vote of: - answer>>>a majority of the
members of the Real Estate Commission
The Real Estate Commission must investigate - answer>>>any verified written
complaint
The Commission may investigate a licensee's activities, and upon sufficient grounds: -
answer>>>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?
- answer>>>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? - answer>>>The
State Legislature
In which situations may the Commission suspend an Associate Brokers license? -
answer>>>Taking a secret or undisclosed profit in a real estate transaction.
When are rules made by the Real Estate Commission? - answer>>>After written notice
and a hearing in which all interested parties may participate.
When a licensee acts as a broker involving an interest in real estate, and is a party to a
court action involving that same interest, the Commission may: - answer>>>Require the
licensee to furnish copies of all pleadings
After investigation has taken place determining licensee misconduct, the Commission -
answer>>>May issue a letter of admonishment
How often does the Real Estate Commission meet? - answer>>>Monthly
