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Practice Of Real EstateLicense LawHARD

Thomas holds a Colorado broker associate license that expired on December 31, 2022. It is now January 2027, and he wants to return to active real estate practice in Colorado. He has not completed any CE since his license expired. Which of the following correctly describes what Thomas must do to obtain a Colorado broker license?

Correct Answer

B) Thomas must retake and pass the Colorado broker licensing examination and meet current education requirements to obtain a new license.

Under C.R.S. § 12-10-215 and CREC rules, a broker whose license has been expired for more than three years must reapply as a new applicant and retake the Colorado broker licensing examination. Since Thomas's license expired December 31, 2022, and it is now January 2027 — more than four years later — he has exceeded the three-year reinstatement window. He must meet all current licensing requirements, including passing the exam.

Answer Options
A
Thomas may reinstate his expired license by completing all missed CE hours and paying the reinstatement fee, without retaking the licensing exam.
B
Thomas must retake and pass the Colorado broker licensing examination and meet current education requirements to obtain a new license.
C
Thomas may reinstate his license by completing only the most recent three-year cycle of CE hours and paying a late renewal penalty.
D
Thomas must petition CREC for a hardship reinstatement and appear before the Commission before his license can be restored.

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Related Topics & Key Terms

Key Terms:

expired_licenselicense_reinstatementexam_retakethree_year_window

Related Concepts

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