ColoradoReal estate oversight is scheduled to continue through 2037
Real estate regulators would continue overseeing brokers under licensing, enforcement, and confidentiality rules, subject to the act's effective-date and referendum provisions.
What it does
The Division of Real Estate and commission would remain scheduled to oversee real estate functions under parts 2, 3, and 5 until September 1, 2037, subject to review.
Broker applicants and licensees would face rules on disqualifying offenses, revoked-license applications, continuing education, investigations, and subpoenas.
Brokers could share client information with their employing broker for proper supervision, but the recipient could not use it to harm the client.
Argument forKeeping real estate oversight scheduled through 2037 could help avoid a lapse in licensing and enforcement functions for brokers and consumers.
Argument againstAllowing supervisors to receive confidential client information could create privacy risks if the information is later used improperly.
More detail
The Division of Real Estate and the Real Estate Commission would remain scheduled for repeal on September 1, 2037. This covers the Division, the commission, and their functions under parts 2, 3, and 5 of title 12, article 10. The division and its functions would remain subject to the state's scheduled review of regulatory agencies. The stated repeal date is September 1, 2037. A separate provision shown in the text keeps part 9 scheduled for repeal on September 1, 2026.
The commission would apply the listed rules when licensing, disciplining, or reviewing real estate brokers and related licensees. The rules cover broker applicants, licensed brokers, developers and registrants, continuing-education providers, and people involved in commission investigations. The commission may deny a license for offenses listed in section 12-10-217. A person whose license was revoked would wait two years before another application is considered. The division may charge continuing-education providers a fee, and the commission may inactivate a license for failure to meet continuing-education requirements. A person who willfully ignores a subpoena could commit a separate petty offense for each day of noncompliance.
A broker could share a client's confidential information with the employing broker or the employing broker's designee for proper supervision. This applies to brokers working with buyers, sellers, landlords, or tenants, including brokers acting as agents or transaction-brokers. The employing broker or designee could not use the information to harm the client. The related confidentiality rules would still require the client's express written consent except for the supervision exception described in the text.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jun 4Governor Jared Polis SignedBecame Law
- Jun 3Signed by the Speaker of the HouseMajor
- Jun 3Signed by the President of the SenateMajor
- Jun 3Sent to the GovernorTo Governor
- May 8Senate Third Reading Passed - No AmendmentsPassed Senate
- Vote recorded BILL. Result: pass.Lower
- Vote recorded BILL. Result: pass.Upper
- May 7Senate Committee on Appropriations Refer Unamended to Senate Committee of the WholeMinor
- Vote recorded Refer House Bill 26-1287 to the Committee of the Whole. Result: pass.Upper
- Vote recorded Refer House Bill 26-1287 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. Result: pass.Upper
- May 7Senate Second Reading Special Order - Passed - No Amendments
- May 7Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the WholeMinor
- May 5Senate Committee on State, Veterans, & Military Affairs Refer Unamended to AppropriationsMinor
- Vote recorded Refer House Bill 26-1287 to the Committee on Appropriations. Result: pass.Upper
- Apr 28Introduced In Senate - Assigned to State, Veterans, & Military AffairsMinor
- Apr 24House Third Reading Passed - No AmendmentsPassed House
- Vote recorded BILL. Result: pass.Lower
- Apr 23House Third Reading Laid Over Daily - No Amendments
- Apr 22House Second Reading Special Order - Passed with Amendments - Committee
- Apr 21House Second Reading Laid Over Daily - No Amendments
- Apr 17House Committee on Appropriations Refer Unamended to House Committee of the WholeMinor
- Vote recorded Refer House Bill 26-1287 to the Committee of the Whole. Result: pass.Lower
- Mar 18House Committee on Transportation, Housing & Local Government Refer Amended to AppropriationsMinor
- Vote recorded Refer House Bill 26-1287, as amended, to the Committee on Appropriations. Result: pass.Lower
- Vote recorded Reconsider previous vote on bill. Result: pass.Lower
- Mar 17
- Vote recorded Adopt amendment L.004 (Attachment M). Result: pass.Lower
- Vote recorded Adopt amendment L.003 (Attachment L). Result: pass.Lower
- Vote recorded Refer House Bill 26-1287, as amended, to the Committee on Finance. Result: pass.Lower
- Vote recorded Adopt amendment L.005 (Attachment N). Result: pass.Lower
- Vote recorded Adopt amendment L.001 (Attachment K). Result: pass.Lower
- Feb 23Introduced In House - Assigned to Transportation, Housing & Local GovernmentIntroduced
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