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Linda is a licensed real estate broker in Kansas and has recently moved to Colorado. She wants to obtain a Colorado real estate license without retaking the full national portion of the licensing exam. Which process allows Linda to potentially satisfy Colorado's licensing requirements based on her existing Kansas license?

Correct Answer

D) Licensure by endorsement or examination waiver based on Colorado's equivalency review

Colorado does not have automatic reciprocity agreements with other states, but CREC may grant licensure by endorsement or waive certain examination components for applicants who hold a valid license in another state, provided the other state's requirements are substantially equivalent to Colorado's. Linda would need to apply through CREC, pass the Colorado state portion of the exam, and meet all other Colorado-specific requirements.

Answer Options
A
License portability, allowing her Kansas license to be used in Colorado transactions
B
Temporary practice permit issued by CREC for out-of-state brokers relocating to Colorado
C
Reciprocity agreement, allowing automatic license transfer from Kansas to Colorado
D
Licensure by endorsement or examination waiver based on Colorado's equivalency review

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Related Topics & Key Terms

Key Terms:

out_of_state_licenseendorsementreciprocitycrec_requirements

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