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A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...
The Colorado Department of Regulatory Agencies (DORA) is the principal department of the Colorado state government [1] responsible for professional licensing and consumer protection. [ 2 ] As the consumer protection agency for the State of Colorado , DORA's nine Divisions and more than 40 boards, commissions, and advisory committees license and ...
The Series 7 is a three-hour, forty-five-minute exam. [1] It is held in one four-hour session. There are 125 questions on the test. Candidates have to score at least 72% to pass. The SIE Exam and the Series 7 Exam are co-requisite exams. [9] Average study time is between 80 and 150 hours depending on current financial knowledge. [10]
The oldest real estate brokerage firm was established in 1855 in Chicago, Illinois, and was initially known as "L. D. Olmsted & Co." but is now known as "Baird & Warner". [8] In 1908, the National Association of Realtors was founded in Chicago and in 1916, the name was changed to the National Association of Real Estate Boards and this was also ...
The Association of Real Estate License Law Officials (ARELLO), founded in 1930 in Canada, supports regulatory agencies in the administration and enforcement of real estate license (or registration) laws in their respective jurisdictions. Among its positions, the organization encourages licensure and education recognition between jurisdictions.
Colorado's marijuana industry sold $1.31 billion worth of marijuana in 2016 and $1.26 billion in the first three-quarters of 2017. [211] The state generated tax, fee, and license revenue of $194 million in 2016 on legal marijuana sales. [212] Colorado regulates hemp as any part of the plant with less than 0.3% THC. [213]