Division Notifications

Understanding the Appraisal Cost Approach

In this third installment of a four-part advisory series, licensees will learn how to be compliant with the “cost approach.” Take 5 minutes to review the advisory below so that you can be compliant in your appraisal practice and avoid any violations and discipline for failing to comply with the appraisal cost approach.

Responsible Brokers and Individual Proprietors Regarding E&O Insurance Renewal Requirements

Policies that expire on January 1 each year (this year’s policies will expire on January 1, 2021) must be renewed by January 31, 2021 in order to avoid inactivation of the license. If you purchase a policy on February 15th, and backdate that policy to January 1, your license will be inactivated for non-compliance to the requirements listed in Commission Rule 3.9, which states that a license will be inactivated immediately upon previous policy expiration.

De-Escalation Tips for Conflict Resolution

As we continue to observe Conflict Resolution Month here in Colorado, the HOA Information and Resource Center wants to remind you that conflict resolution is a process, not an instant solution to a dispute.