Broker Practice Advisory: SB23-206 and Changes to the Commission Approved Contracts
On August 7, 2023, SB23-206 Concerning Information about Radon in Residential Real Property Transactions, goes into effect. ****IMMEDIATE ATTENTION REQUIRED****
Division Notifications
HOA Forum: Attorney Perspectives - Homeowners’ Rights and Legal Proceedings In Colorado
Are you curious about HOA law? Having difficulties, maybe even a legal dispute with your association but you are not sure where to go or who to talk to? Join the HOA Information Officer and attorneys from the Colorado law firm Robinson & Henry, P.C. for a presentation, followed by a question & answer session, on homeowners’ rights and responsibilities under the Colorado Common Interest Ownership Act (“CCIOA”).
2023 Legislative Summaries For Licensees
The Colorado General Assembly Legislative Session adjourned on May 9, 2023. During the session, many new bills directly or indirectly affecting real estate and the practice of real estate were passed and became law. Understanding these laws, whether you are a real estate professional or simply an interested member of the public, may be helpful. The Division of Real Estate has prepared the following legislative summaries to aid you in better understanding the latest changes.
Final language of these acts and other information about the Colorado General Assembly can be found on the Colorado General Assembly’s website at: https://leg.colorado.gov/
July, 2023 Bimonthly Notification
The Division of Real Estate's bimonthly email update is designed to provide Division news, information on upcoming public meetings, rulemaking hearings, and registration links for educational webinars.
PSI’s 2023 National Real Estate Examination Content Outlines
As a DPOS approved educator, you are likely aware that PSI is the real estate broker examination contractor for the State of Colorado real estate salesperson exam. PSI has recently released the results of its job analysis survey.
June, 2023 Bimonthly Notification
The Division of Real Estate's bimonthly email update is designed to provide Division news, information on upcoming public meetings, rulemaking hearings, and registration links for educational webinars.
May 26, 2023:Ensuring That Your Trust/Escrow Accounts Are Treated As Fiduciary Accounts
The Division of Real Estate has been receiving ongoing questions and concerns from both real estate brokers as well as financial institutions regarding the requirements for real estate brokers engaging in property management or holding money belonging to others to establish a trust or escrow account.
May 22, 2023: Appraiser Practice Advisory-Appraiser Quality Monitoring
It will benefit Colorado appraisers to be aware that Fannie Mae has established
standards by which Fannie Mae promotes quality in the loan origination process.
These standards, referred to as Appraiser Quality Monitoring (“AQM”) are designed to
“improve appraisal quality and strengthen the appraisal profession by identifying
patterns of quality issues in appraisal reports and providing feedback directly to
individual appraisers.”
May 15, 2023: Broker Practice Advisory - Fraudulent Sellers
From time to time, the Division of Real Estate receives reports of scams or potential scams. Today, the Division would like to revisit an issue that can happen all across the state. While these scams can take place in single family homes and condominiums, they most commonly seem to take place on vacant, raw, or undeveloped land.
May, 2023 Bimonthly Notification
The Division of Real Estate's bimonthly email update is designed to provide Division news, information on upcoming public meetings, rulemaking hearings, and registration links for educational webinars.