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Sunset Division of Real Estate

Concerning the continuation of certain regulatory functions of the division of real estate, and, in connection therewith, implementing the recommendations contained in the 2025 sunset report by the department of regulatory agencies.

HB26-1287 2026 Regular Session Signed into Law Professions & Occupations

Cost estimates

At the first note read
$0
FACT March 3, 2026
At the last note read
$0
FACT July 13, 2026
What it actually cost
not published
No Colorado source reports spending for one bill

Every figure here is an estimate by Legislative Council Staff on the date shown, about the version of the bill in front of them that day. It is not a cost.

The appropriation

The note states no appropriation is required.

An appropriation is money the legislature sets aside. It is not money spent.

The appropriation field, read from the note: No appropriation is required.

Bill summary

     The act implements recommendations of the department of regulatory agencies in its sunset review and report concerning certain regulatory functions of the division of real estate (division), including the real estate commission (commission), the registration of subdivision developers, and requirements for home warranty service contracts. Specifically:

  • Sections 1 through 5 of the act continue the division, including the commission and subdivision developers, for 11 years, until 2037, and remove home warranty service contracts from the sunset schedule;
  • Section 6 authorizes the commission to deny a license to an applicant who has committed any of certain offenses;
  • Section 7 extends the time that must elapse before the commission may consider an application for licensure from a person whose license was revoked from one year to 2 years. Section 7 also updates gendered language to gender-neutral language.
  • Sections 7, 13, 14, and 25 allow the commission to communicate with licensees via electronic mail for certain purposes;
  • Section 8 authorizes the commission to inactivate the license of a licensee who fails to comply with continuing education requirements. Section 8 also allows the division to charge a fee to each provider that submits a continuing education course.
  • Section 9 clarifies that any licensed broker may elect to have a license issued in a previously used legal name. Section 9 also updates gendered language to gender-neutral language.
  • Sections 10 and 11 remove language requiring the commission to serve subpoenas in the same manner as subpoenas issued by a district court and substitute language stating that subpoenas may be enforced by a court with jurisdiction;
  • Section 12 requires the division to establish protocols addressing the security of electronic correspondence;
  • Sections 15 through 20 and 25 update gendered language to gender-neutral language;
  • Section 17 also changes disclosure requirements surrounding a real estate broker's affiliated business arrangement by requiring the broker to disclose the arrangement to the party the broker represents at the time of making a referral, instead of disclosing at the time the real estate purchase is fully executed; and
  • Sections 21 through 24 allow a broker working with a buyer, seller, landlord, or tenant to disclose the buyer's, seller's, landlord's, or tenant's confidential information to the broker's employing broker or to the employing broker's designee for the purpose of proper supervision so long as the employing broker or designee does not use the confidential information to the detriment of the buyer, seller, landlord, or tenant.

FACT Bill summary by Colorado Legislative Council Staff, read 2026-09-23. Printed as published, word for word. Source: leg.colorado.gov (opens in a new tab)