law

Colorado Real Estate Commission

Colorado's policy-making real estate board within the Department of Regulatory Agencies (DORA). Under C.R.S. 12-10-206 it has five members appointed by the Governor to three-year terms: three brokers with at least five years of Colorado experience and two public members. It adopts the broker rules (4 CCR 725-1), approves standard contract forms, and disciplines licensees, with fines of up to $2,500 per separate offense. The separate Division of Real Estate is the staff agency that processes applications and runs investigations.

Exam tip: Memory aid 5-3-2-3-5: five members, three brokers, two public, three-year terms, five years of experience. The Commission sets policy; the Division does the staff work.
Example: A question asks the maximum Commission fine per offense and lists $1,000, $2,500, $5,000, and $10,000. The answer is $2,500.

1. What is the maximum fine the Colorado Real Estate Commission may impose on a broker?

Answer & explanation

Answer: A. C.R.S. 12-10-217 authorizes fines of up to $2,500 for each separate offense, in addition to censure, probation, suspension, or revocation.

Related terms & state variants

broker Commission-Approved Forms (Colorado) (CO)license revocation

Sources

Source verification pending. Confirm current requirements with your state regulator.

Last verified: 2026-10-23