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Colorado · State License Law — free study notes for the real estate licensing exam.
🏛️ State License Law 📍 ColoradoColorado real estate licensing is administered by the Division of Real Estate within the Department of Regulatory Agencies (DORA), overseen by the Colorado Real Estate Commission. Unlike most states, Colorado licenses everyone as a 'broker' (there is no separate 'salesperson' license), requiring 168 hours of approved pre-licensing education plus passing the state and national exam portions. New licensees are issued an Associate Broker license and must work under an Employing Broker, who is responsible for supervising the associate's transactions and maintaining trust accounts and records.
Yes. State License Law is a scored domain on the Colorado real estate licensing exam, and this topic appears in the state license-law portion.
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Colorado applies its own license law on top of the national portion. This page covers the Colorado rules specifically, which is what the state section of your exam tests.