The Commission Update Course is an annual requirement for all active licensees. If you fail to complete this course between January 1 and December 31 each year, and/or you fail to complete the additional 15 hours of elective continuing education during a three-year period, you may be found delinquent on a continuing education random audit and assessed a fine under the licnese law.
If you miss one of the three Commission Update Courses during a license period, you may correct the delinquency by one of the following alternative methods of completing your full three-year continuing education requirement:
- Take and pass the Colorado part of the Broker examination.
- Once in your life, complete the 24-hour Brokerage Administration course.
- Once in your life, complete the 24-hour Broker Transition course.
Continuing education delinquencies are enforced by random audit, and are generally disciplined by fines ranging from $250 to $600 depending on the severity of the delinquency and when the delinquent hours are made up.