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How do I activate my license?

Prior to activation of your real estate license you must make sure that you are in compliance with the continuing education requirement and have a current errors and omissions insurance policy. Click here for information on continuing education.

If you wish to activate as an employed broker associate, you must fill out the Application for Transfer to New Firm (REC-TF) . The application fee is $50.00. The application, if complete and properly filed, is effective the day it is received by the Division of Real Estate. It takes 10 - 12 business days to process and mail the license.

If you wish to activate as an individual proprietor, you must fill out the Individual Proprietor Application (REC-IP). If you are going to have a trade name you must also submit a copy of a current, recorded trade name affidavit as filed with the Colorado Secretary of State. The application fee is $50.00. The application, if complete and properly filed, is effective the day it is received by the Division of Real Estate. It takes 10 - 12 business days to process and mail the license.

If you wish to activate as the broker of record for an existing corporation, partnership, or LLC, you must fill out the Application for Change in Corporation, Partnership or LLC (NC01-04D) . The application fee is $50.00. The application, if complete and properly filed, is effective the day it is received by the Division of Real Estate. It takes 10 - 12 business days to process and mail the license.

If you wish to activate as the Broker of record for a new corporation, partnership or LLC, you must fill out the Application for a New Corporation, Partnership or Limited Liability Company Real Estate License (CPA 01-04) . You must also submit a copy of a current, recorded certificate of good standing from the Colorado Secretary of State. The application, if complete and properly filed, is effective the day it is received by the Division of Real Estate. It takes 10 - 12 business days to process and mail the license.

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How do I transfer my license to another office?

You can transfer your license to another office by filling out the Application for Transfer to New Firm (REC-TF) . The application fee is $50.00. The transfer application, if complete and properly filed, is effective the day it is received by the Division of Real Estate. You must have a current E&O insurance policy. It takes 10 - 12 business days to process and mail the license to the employing broker.

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Why is my license suddenly inactive?

If you suddenly noticed that you are showing as inactive, verify that you have a current E&O policy (and your company). If you had a break in time with no coverage, you need to apply for re-activation with the proper application and fee. Follow directions on the application for submittance. Only checks and guaranteed funds are accepted. No Cash or credit. Do not fax forms that require a fee.

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How do I place my license on inactive status?

You can place your license on inactive status by using the Application to Inactivate License (REC-Inacti). Be sure to include your current home address. Inactive licenses do not print. You should verify your status by checking the Online Services link. This may take 10 - 12 business days to process. You must continue to pay renewal fees if you wish to maintain your license, even on inactive status.

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How do I change my individual proprietorship address?

You can change your business address by filling out the Application for Change: Individual Proprietor (REC-IP). The application fee is $50.00. The application, if complete and properly filed, is effective the day it is received by the Division of Real Estate. It takes 10 - 12 business days to process and mail the license.

Remember that if you are working out of your home and you change your home address, this is still considered a business address change that requires submission of the form and fee.

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How do I change my corporation, partnership or LLC address?

You can change your business address by filling out the Application for Change in Corporation, Partnership or LLC (NC01-04D). The application fee is $50.00. The application, if complete and properly filed, is effective the day it is received by the Division of Real Estate. It takes 10 - 12 business days to process and mail the license.

Remember that if you are working out of your home and you change your home address, this is still considered a business address change that requires submission of the form and fee.

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You may change your residential address by using the Change of Personal Information Form (REC-PI).

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How do I change my personal name?

You can change your name by filling out the Application for Change in Personal Name (REC-NameChange) . You must also submit a copy of the legal document showing the name change (i.e., marriage or divorce certificate).

If you are active the application fee is $50.00.
If you are an Individual Proprietor there will also be a $50.00 fee for each licensee working for you.
If you are inactive there is no fee to change your name. Inactive licenses do not print. You can verify the change by checking Online Services.

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You can add or change your trade name by filling out the Application for Change: Individual Proprietor (REC-IP). You must also submit a copy of a current, recorded trade name affidavit as filed with the Colorado Secretary of State. The application fee is $50.00 for you and $50.00 each licensee working for you. The application, if complete and properly filed, is effective the day it is received by the Division of Real Estate. It takes 10 - 12 business days to process and mail the license.

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What is required for licensing a corporation, partnership or LLC?

You can apply for a new corporation by filling out the Application for a New Corporation, Partnership or Limited Liability Company Real Estate License (CPA 01-04) . You must also submit a copy of a current, recorded certificate of good standing from the Colorado Secretary of State. If you wish to have licensees working for your new corporation there is an additional $50.00 fee for every licensee listed on page 4 of the application. The application, if complete and properly filed, is effective the day it is received by the Division of Real Estate. It takes 10 - 12 business days to process and mail the license.

• The corporation has been properly incorporated with the Colorado Secretary of State and is in good standing;
  
  
• If an assumed or trade name is to be used, it has been properly filed with and accepted by the Colorado Secretary of State;
  
  
• The broker has been appointed by the board of directors to act as broker for the corporation.

You can apply for a new partnership by filling out the Application for a New Corporation, Partnership or Limited Liability Company Real Estate License (CPA 01-04) . You must also submit a copy of a current, recorded certification of filing from the Colorado Secretary of State. If you wish to have licensees working for your new partnership there is an additional $50.00 fee for every licensee listed on page 4 of the application. The application, if complete and properly filed, is effective the day it is received by the Division of Real Estate. It takes 10 - 12 business days to process and mail the license.

In an application to qualify a partnership as a real estate brokerage company, the broker applicant must certify that:

• The partnership has been properly filed with the Colorado Secretary of State and is in good standing;
• If an assumed or trade name is to be used, it has been properly filed with the Colorado Secretary of State;
• All general partners or managers/officers have appointed the broker applicant the real estate broker for the partnership.

You can apply for a new limited liability company by filling out the Application for a New Corporation, Partnership or Limited Liability Company Real Estate License (CPA 01-04) . You must also submit a copy of a current, recorded certificate of good standing from the Colorado Secretary of State. If you wish to have licensees working for your new limited liability company there is an additional $50.00 fee for every licensee listed on page 4 of the application. The application, if properly filed, is effective the day it is received by the Division of Real Estate. It takes 10 - 12 business days to process and mail the license.

In an application to qualify any one of the many types of limited liability companies as a real estate brokerage company, the employing broker must certify that:

• The limited liability company has been properly registered with the Colorado Secretary of State and is in good standing;
• If an assumed or trade name is to be used, it has been properly filed with the Colorado Secretary of State;
• The broker has been appointed the real estate broker for the limited liability company by all managers, or if management has been reserved to the members in the articles of organization, by all members;

NOTE: Below are some issues to remember when applying for a corporation, partnership or LLC:

The Commission may refuse to issue a license to a corporation, partnership, LLC if the name is the same as that of any person or other business whose license has been suspended or revoked or is so similar as to be easily confused with that of the suspended or revoked person or entity by members of the general public.

No broker's license will be issued to a broker under a trade name, corporate name, partnership name or LLC name which is identical to another licensed broker's trade name, corporate, partnership or LLC name.

Before you pick a name for your business, call the Division of Real Estate and ask if the name is being used. You should
also call the Colorado Secretary of State if a corporation,
limited partnership, general partnership or LLC.

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You can change the name of your corporation, partnership or LLC by filling out the Application for Change in Corporation, Partnership or LLC (NC01-04D). You must also submit a copy of the name change certificate from the Colorado Secretary of State. The application fee is $50.00 for you and $50.00 each licensee working for you. The application, if complete and properly filed, is effective the day it is received by the Division of Real Estate. It takes 10 - 12 business days to process and mail the license.

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What are the requirements for a temporary broker?

If you are a current Colorado broker licensee with two years active licensure as determined by the Commission records, you can apply for a temporary broker license by filling out the Application for License as Temporary Corporate, Partnership or Limited Liability Co. Real Estate Broker (Temp 11-05) . The statute only allows for temporary licenses for Corporations, Partnerships, and LLC (there are no provisions for issuance of temporary broker licenses for Individual Proprietorships). Two 90-day temporary broker licenses can be issued, however if there is a need for a third, it must be reviewed and approved by the Commissioners at their monthly commission meeting.

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How do I upgrade my broker license to a higher level of licensure?

You can upgrade your broker license to a higher level of licensure by filling out the Application for Change in Broker Level of Authority (REC-Upgrade). There is no application fee if you are upgrading on inactive status. (Inactive licenses will not print-check the Online Services Link for the status of your license).

If you are upgrading an active license the application fee is $50.00. Upgrading your license will not change your expiration date.

• Independent Broker: You must have 2 years of active experience for this level. You will need to show proof that you have passed the state portion of the broker examination.
  
  
• Employing Broker: You must have 2 years of active experience for this level. You will need to show proof that you have completed the 24-Brokerage Administration course and passed the state portion of the broker examination.

Please Note: If you were initially licensed as a salesperson (pre 1997) and are currently listed at the associate broker level, it is likely that you will be required to sit for the state portion of the real estate broker's exam before being allowed to upgrade. If your license was initially issued at the associate broker level, the state broker's exam requirement has been met.

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How do I know when my license expires?

Look at the expiration date on your license. You may also click here to check the license database.

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Who is required to have errors & omissions insurance?

If you are active you must have a current errors and omissions insurance policy. Designated brokers for a corporation, partnership or LLC are required to not only have a current errors and omissions insurance policy for themselves, but they must also have a current policy for the corporation, partnership or LLC.

• Licenses will be placed on inactive for E&O non-compliance. Make sure that not only you are in compliance, but that your broker and their business entity are as well. Failure of one of the three to acquire E&O insurance can result in your license being issued or placed on inactive status.

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How do I request a license history?

Broker License histories cost $15. Send a letter of request to

CREC
1560 Broadway, Suite 925
Denver, CO 80202

Include you license number and what state it is to go to. Include
contact information so we may contact you if we have questions.

This process takes 2-3 weeks.

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When I send in a check to the Division of Real Estate, how do I make it out?

Make your check out to: Colorado Division of Real Estate or CREC.

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How do I reinstate my expired license?

Licensees have 3 years from the date their license expired to reinstate it. Click here to access the license database and check the date of expiration.

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What are the current reinstatement fees?

The fees are determined by the length of time the license has expired and whether the license is going to be reinstated on an "active" or an "inactive" status. If your license expired 1 year ago or less, the reinstatement fee would be $171 dollars. If it expired 2 to 3 years ago, the fee is $228 dollars. If expired longer than 3 years ago, you must re-apply for your license. Please add $50 dollars to these fees if you wish to activate your license upon reinstatement. Also check for CE requirements. Inactive licenses do not print. Verify your status at the Online Services Link.

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What form do I use to reinstate my license on active status?

Licensees wishing to reinstate on active status may be required to submit a current fingerprint card if they did not previously submit a card as part of their renewal process. See information on this process here.

lf you wish to be an employed broker associate, submit the correct reinstatement fee and the Application for Change in Status (REC-REINST).

If you wish to be an individual proprietor, submit the correct reinstatement fee, the immigration affidavit and the Application for Individual Proprietor (REC-IP).

If you are going to have a trade name you must also submit a copy of a current, recorded trade name affidavit as filed with the Colorado Secretary of State.

If you wish to be the broker of record for an existing corporation, partnership, or LLC, submit the correct reinstatement fee, the immigration affidavit and the Application for Change in Corporation, Partnership or LLC (NC01-04D).

If you wish to be the Broker of record for a new corporation, partnership or LLC, submit the correct reinstatement fee and fee for new corporation partnership or LLC, the immigration affidavit, and the Application for New Corporation Partnership or LLC, along with the proper fee.

Send us the correct reinstatement fee with immigration affidavit. Be sure to include your current home address. Inactive licenses do not print. Verify the reinstatement at the Online Services Link. Processing can take 10 - 12 business days.

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If my license expired more than 3 years ago, can I reinstate my license?

No. Statute allows for reinstatement of a license that has expired within the last 3 years. If your license expired more than 3 years ago you will need to reapply as a new licensee. Click here for information on licensing requirements.

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If I reinstate my expired license now, when will I have to renew the license?

Reinstated licenses are issued for three years from the date of reinstatement.

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* D-13. Anniversary Date Renewals and Reinstatements

The Commission, upon receipt of a complete and satisfactory application, shall renew a license expiring on December 31, 2005 or 2006 or 2007, for a period of time equal to two years plus the number of days until the licensee's initial date of issuance anniversary date. Thereafter, the license renewal periods shall begin on the date of issuance anniversary date and continue for three full years. An expired license may be reinstated as follows:

(a) If proper application is made within thirty-one days after the date of expiration, by payment of the regular renewal fee;
(b) If proper application is made more than thirty-one days but within one year after the date of expiration, by payment of the regular renewal fee and payment of a reinstatement fee equal to one-half the regular renewal fee;
(c) If proper application is made more than one year but within three years after the date of expiration, by payment of the regular renewal fee and payment of a reinstatement fee equal to the regular renewal fee.

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