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People also ask
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What is the purpose of the Colorado real estate license law?
The Colorado Real Estate Broker License Law was passed to protect the people of the State of Colorado. Through licensing, the law seeks competency and integrity on the part of those engaged in the real estate business.
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What is the difference between forms promulgated and forms approved by the commission quizlet?
promulgated forms must be used for commercial property, whereas approved forms must be used for residential property. the license holder may use the promulgated forms, whereas the license holder must use the approved forms.
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What is the purpose of the Colorado real estate Commission?
The Division of Real Estate protects the consumer through the licensing, regulation, and enforcement of licensed real estate professionals. We aspire to create a balance between consumer protection and promoting a fair and competitive business environment.
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What is the purpose of the real estate commission in Colorado?
The Division of Real Estate protects the consumer through the licensing, regulation and enforcement of licensed real estate professionals. We aspire to create a balance between consumer protection and promoting a fair and competitive business environment.
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What is the purpose of the Colorado real estate Commission approving a variety of standard forms for use by licensees?
I. Commission Approved Forms grants the Colorado Real Estate Commission statutory authority to promulgate standard forms for use by licensees. One of the major purposes of the rule is to help to insure broker compliance with the Colorado Supreme Court Conway-Bogue decision.
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Which would need to be registered with the Colorado real estate Commission for a subdivision?
Subdivision Developer Program | Division of Real Estate. Certain subdivisions and their developers must register with the Colorado Real Estate Commission prior to selling, leasing, transferring, or negotiating to sell or lease a part of that subdivision that is under the jurisdiction of the Real Estate Commission.
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Who are Colorado real estate commission approved forms made available to?
The Division of Real Estate, on behalf of the Colorado Real Estate Commission, makes Commission-approved forms available to third-party vendors upon request. Licensees are advised that third-party vendors may make Commission-approved forms available for use by real estate brokers.
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