Broker Amy is the subject of a CREC disciplinary proceeding. Before a final order is issued, CREC determines that Amy's continued practice poses an immediate threat to the public. Which action may CREC take before completing the full hearing process?
Correct Answer
B) CREC may issue a summary suspension of Amy's license on an emergency basis pending the hearing.
Under Colorado's Administrative Procedure Act (C.R.S. § 24-4-104) and the Real Estate License Act, CREC has the authority to issue a summary (emergency) suspension of a license when there is an immediate threat to public health, safety, or welfare. A summary suspension takes effect immediately but must be followed by a full hearing within a specified timeframe to provide the licensee with due process.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.
The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
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