HB 1287 — Sunset Division of Real Estate
Last action — Governor Signed
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✓Introduced
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✓In Committee
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✓Passed House
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 23, 2026. Enacted.
Signed by Governor Jared Polis (Democratic) on June 04, 2026.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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8 sponsors
4 primary, 4 co-sponsors signed on.
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Bipartisan support
Sponsored across 2 parties (4 D · 1 R) — cross-party backing.
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Cleared a recorded vote
Passed 12 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
In plain language
The bill extends the Division of Real Estate's regulations and updates various licensing and communication protocols.
This bill continues the Division of Real Estate's functions for an additional 11 years and updates several operational procedures. It includes changes to licensing requirements, communication methods, and confidentiality protocols for real estate brokers.
What this means for you
- Workers: Real estate professionals may experience changes in licensing requirements and communication protocols.
- Families: Families engaging in real estate transactions will see improved protections related to their confidential information.
- Consumers: Home buyers and sellers will benefit from clearer disclosure requirements regarding brokers' business arrangements.
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.(Note: This summary applies to this bill as enacted.)
Bill Text
What changed in the latest version
193 added · 203 removedPlain-language change summary
The amendment to Bill HB 1287 changes the expiration date for certain regulatory functions of the Division of Real Estate from September 1, 2026, to September 1, 2037. This extension allows for continued oversight and regulation of the real estate sector in Colorado for an additional eleven years. Keeping these functions in place is significant because it helps ensure that the real estate market operates fairly and effectively, protecting consumers and maintaining industry standards.
NOTE:HOUSE BILL 26-1287 B Y REPRESENTATIVE(S) Boesenecker and Brooks, Bacon, Jackson, Ricks;
This bill has been prepared for the signatures of the appropriate legislative officers and the Governor.
To determine whether the Governor has signed the bill or taken other action on it, please consult the legislative status sheet, the legislative history, or the Session Laws.
HOUSE BILL 26-1287 BY REPRESENTATIVE(S) Boesenecker and Brooks, Bacon, Jackson, Ricks;
CONCERNINGCONCERNINGTHECONTINUATION THE CONTINUATION OFCERTAIN REGULATORY FUNCTIONS OF THE DIVISION OF REAL ESTATEESTATE, ,AND, ANDIN ,IN CONNECTION THEREWITHTHEREWITH, , IMPLEMENTING THE RECOMMENDATIONS CONTAINED IN THE 2025 SUNSETSUNSETREPORT REPORT BY THE DEPARTMENT OFOFREGULATORY REGULATORYAGENCIES. AGENCIES .
Be it enacted by the GeneralGeneralAssembly Assemblyofthe of the State ofofColorado: Colorado:
SECTION 1.1.In Colorado Revised Statutes, amend 12-10-227 as follows:
In Colorado Revised Statutes, amend 12-10-227 as follows:
This part 2 is repealed, effectiveeffectiSeptember September 1, 2026SEPTEMBER2026 SEPTEMBER 1, 2037.
Before the repeal, the division, including the commission, is1s scheduled for review in accordance with section 24-34-104.
________ Capital letters or bold & italic numbers indicate new material added to existing law;
dashes through words or numbers indicate deletionsdeletionsfrom from existing law andandsuch such material is notnotpart part of the act.
Repeal ofofpart part - subject to review.
This part 3 is repealed, effective SeptemberScptcmbct 1, 2026SEPTEMBER2026 SEPTEMBER 1, 2037.
This part 5 is repealed, effective SeptemberScptcnxbct 1, 2026SEPTEMBER2026 SEPTEMBER 1, 2037.
This partpatt 9 is repealed,tcpcalcd, effective SeptemberScptcmbct 1, 2026.
BeforeDcfmc the repeal,1epcal, this part 9 is scheduled forfut reviewIcvicw in accordanceaccotdance with section 24-34-104.
GeneralassemblyGeneral assembly review ofregulatory agenciesandagencies and functions for repeal, continuation, or reestablishment - legislative declaration - repeal.
(VI) The division of realIcal estate, including the realIcal estate commission, createdctcatcd in part 2 of article 10 of title 12, and its functions underundct parts 2, 3, and 5 ofofarticle article 10 ofoftitle title12, 12;(XVII) The legal tequitcmcnts pertainingto honxc wanancy set vice PAGE 2-HOUSE BILL 26-1287 contracts under part 9 ofarticle 10 oftitle 12.
(XVII) Thelegal requirements pertainingtohomewarrantyservice PAGE 2-HOUSE BILL 26-1287 contracts under part 9 of article 10 of title 12.
(VII) THETHEDIVISIONOFREALESTATE, DIVISIONINCLUDINGTHEREALESTATE OFCOMMISSION, REALCREATED ESTATE ,INCLUDING THE REAL ESTATE COMMISSION ,CREATED IN PART 2 OF ARTICLE 10 OF TITLE 12, AND ITS FUNCTIONSFUNCTIONSUNDERPARTS UNDER PARTS 2, 3,AND3AND 5 OFOFARTICLE ARTICLE10OFTITLE 10 OF TITLE 12.
(1) ItItis is unlawful forforany anyperson,AAperson, firm,Afirm, Apartnership,AApartnership, limitedAlimited liabilitycompany,ANliabilitycompany,ANassociation, association,orAorAcorporationtoengageinthe corporationtoengageinthebusinessbusiness or capacity ofofreal real estate broker in this state without first having obtained a license from the commission.
No THETHECOMMISSIONSHALLNOTGRANTA COMMISSION SHALL NOT GRANT A person shall be granted a license until the person establishes compliance with the provisions of this partpart2 2 concerning education, experience, and testing;
truthfulness and honestyandhonesty and otherwise good moral character;
and, inadditiontoanyotherrequirementsofthissection,competencytotransactinadditionto any otherrequirements ofthis section, competencyto transact the business of a real estate broker in suchmannersuch Amanner as to safeguard the interest ofofthe the public and onlyafteronly satisfactoryproofafter ofsatisfactory theproofofthe qualifications, together with the application for the license, is filed in the office of the commission.Indeterminingtheperson'scharacter,thecommissionshallbecommission. governed by section 24-5-101.
(2)Indeterminingtheperson's THEcharacter, COMMISSIONthecommissionshall MAYbe DENYgoverned Aby LICENSEsection TO24-5-101. AN APPLICANT FOR LICENSURE IFTHE APPLICANT IS GUILTY OF ANY OF THE OFFENSES LISTED IN SECTION 12-10-217 (1)(n)(I).
(2) THE COMMISSIONMAYDENYALICENSETOANAPPLICANTFOR LICENSUREIFTHEAPPLICANTISGUILTYOFANYOFTHEOFFENSESLISTEDIN SECTION 7.12-10-217 (l)(n)(I).
InColoradoRevisedStatutes,12-10-217,amend(1)SECTION 7.In Colorado Revised Statutes, 12-10-217, amend ( 1) introductory portion, (1)(b), (1)(h), (1)(i), (7), and (9) as follows:
(1) The commission, upon its own motion, may, and, upon the complaint in writing of any person, shall, investigate the activities of any PAGE 3-HOUSE BILL 26-1287 licenseeoranypersonwholicenseeoranypersonwhoTHATassumes THATto assumestoactinthecapacityofalicenseeact in the capacityofa licensee within the state, and the commission, after holding a hearing pursuant to section12-10-219,hasthepowertosection MAY12-10-219, imposeanadministrativefinenothas the power to MAYimpose an administrative fine not to exceed two thousand five hundred dollars for each separate offense, and to censure a licensee, to place thAthe A licensee on probation and to set the terms of probation, or totemporarilyto temporarily suspend a license or permanentlype1manently revoke a license when IFIFthe the licensee has performed, is performing, or is attempting to perform any ofofthe the following acts and is guilty of:
(b) Making any promise of a character that influences, persuades, orinducesanotherpersonwhenheorsheor THELICENSEEinduces couldnotordidnotanotherpersonwhen he 01sheTHELICENSEEcouldnot ordid not intend to keep the promise;
(h) Failing to account for or to remit, within a reasonable time, any moneycomingintothelicensee'spossessionthatbelongstootherswhethermoney coming into the licensee's possessionthat belongs to others whethe1 acting as realteal estate brokersbrnke1s orOI otherwiWHENothe1wise WHEN PERFORMING FUNCTIONS FORFORWHICHALICENSE WHICHIS AREQUIRED LICENSEPURSUANTTOSECTION IS12-10-201 REQUIRED(6), PURSUANTand TOfailing SECTIONto 12-10-201keep (6),records andfailingtokeeprecordsrelativetothemoney,whichrelative recordsshallto the money, which records shalt MUST contain such information as may be ISprescribedIS prescribed by the rules of the commission relative1elative theretothe1eto and shall be ARE subject to audit by the commission;comm1ss1on;
(i) WWHEN HEN PERFORMING FUNCTIONS FOR WHICH A LICENSE IS REQUIREDPURSUANTTOSECTIONREQUIREDPURSUANTTOSECTION12-10-201 12-10-201(6),convertingfundsofothers,(6), divertingfundsofconvertingfunds otherswithoutofothers, diverting funds ofothers without proper authorization,comminglingfundsauthorization, ofcommingling othersfunds ofothers with the broker's own funds, or failing to keep the funds ofofothers others in an escrow or a trustee account with some bank or recognized depository in this state, which account may be any type of checking, demand, passbook, or statement account insured by an agency of the United States government, and to keep records relative to the deposit that contain such information as may be prescribed by the rules ofofthe the commission, relative1elative thereto,the1eto, which records shall bAREbe subjectAREsubject to audit by the commission;
(7) When a complaint or an investigation discloses an instance of misconductthat,intheopinionofmisconductthat, thecommission,doesnotwarrantformalin actionbythecommissionbutthatshouldnotbedismissedasbeingwithoutthe merit,thecommissionmaysendaletterofadmonitionbyopinion ELECTRONICMAILofthe ORBYcommission, certifieddoes notwarrant formal action by the commission butthat should not be dismissed as beingwithout merit, the commissionmaysendaletterofadmonitionbyELECTRONICMAIL ORBYcertified mail, return receipt requested, tothelicenseeagainstwhomto the licensee against whom a complaint was made and a copy thereof to the person making the complaint.butcomplaint.btttThe ThelettershallMUSTlettershaltMUSTadvisethe advisethelicenseethatthelicenseehaslicenseethatthe licenseehas PAGE 4-HOUSE BILL 26-1287 therighttorequest,inthe right to request, in writing, withintwentydaysafterprovenreceipt,thatwithin twenty days after proven receipt, that formal disciplinary proceedings be initiated to adjudicate the propriety of the conduct upon which the letter ofofadmonition admonition is based.
IfIfthe the request is timely made, the letter of admonition shall be deemed vacated, and the matter shall be processed by means ofofformal formal disciplinary proceedings.
(9) Any application for licensure from a person whose license has been revoked shall not be considered until the passage of one yearyeat TWO YEARS from the date ofofrevocation. revocation.
SECTION8.SECTION 8.
InColoradoRevisedStatutes,12-10-213,amend(5);In ColoradoRevised Statutes, 12-10-213, amend (5);
(5) ThecommissionshallpromulgaterulestoimplementthissectionThecommissionshallptomttlgatetulestoimplementthis MAYsection INACTIVATEMAYINACTIVATETHELICENSEOFALICENSEEWHOFAILSTOCOMPLYWITH THETHEREQUIREMENTSOFTHISSECTION. LICENSE OF A LICENSEE WHO FAILS TO COMPLY WITH THE REQUIREMENTS OF THIS SECTION .
(6) TTHE HE DIVISION MAY CHARGE A FEE TO EACH PROVIDER THAT SUBMITSSUBMITSACONTINUINGEDUCATIONCOURSE. A CONTINUING EDUCATION COURSE .
(7) TTHE HE COMMISSION SHALL ADOPT RULES TO IMPLEMENT THIS SECTIONSECTION. .
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(5) (b) An applicant for aabroker's broker's license who has held aareal real estate license in another jurisdiction that administers a real estate broker's examination and who has been licensed for two or more years prior to applying for a Colorado license may be issued a broker's license if the applicantestablishesthatheorshepossessesapplicant THEYPOSSESSestablishes credentialsandthat h01shepossesses THEYPOSSESScredentials and qualifications that are substantively equivalent to the requirements inm Colorado for licensure by examination.
except that a marriedmanied woman~e,man AN INDIVIDUAL may elect to use her birth A PREVIOUSLYPREVIOUSL y USED LEGAL name.
In Colorado Revised Statutes,Statutes,amend amend 12-10-224 as follows:
The commission, the director, or the administrative law judge appointedforhearingsmayissueasubpoenacompellingtheattendanceandappointedfor hearings may issueasubpoenacompellingthe attendanceand testimony of witnesses and the production of books, papers, or records pursuant to an investigation or hearing ofofthe the commission.
The subpoenas shall be servedser ved in the same manner as subpoenassubpeienas issued by districtdistriet courtseeiurts MAYBEENFORCEDBYACOURTOFCOMPETENTJURISDICTIONIFNOTOBEYEDMAY andshallbeissuedwithoutdiscriminationbetweenpublicorprivatepartiesBEENFORCED BYACOURTOF COMPETENTJURISDICTION IFNOTOBEYED and shall be issuedwithout discrimination betweenpublic orprivateparties requiring the attendance ofofwitnesses witnesses and the production of documents at hearings.
If a person fails or refuses to obey a subpoena issued by the commission, the director, or the appointed administrative law judge, the commission maypetitionmay petition the district court havinghavingjurisdiction jurisdiction for issuance ofofa asubpoenasubpoena in the premises, and the courtshall,inapropercase,issueitscourt shall, in aproper case, issue its subpoena.
SECTION11.SECTION 11.
InColoradoRevisedStatutes,12-10-506,amend(4)InColoradoRevisedStatutes, 12-10-506, amend (4) as follows:
(4) The commission, the director, or the administrative law judge appointed for a hearing may issue a subpoena compelling the attendance and testimonyoftestimony witnessesofwitnesses and the production ofofbooks, books, papers, or records pursuant to an investigation or hearing of the commission.
Any such subpoena shall be servedset ved in the same manner as forfur subpoenassubpeienas issued by district courMAYBEENFORCEDBYACOURTeeiurMA OFCOMPETENTy BE ENFORCED BY A COURT OF COMPETENT JURISDICTION IF NOT OBEYEDOBEYED. .
InColoradoRevisedStatutes,12-10-207,amend(2)InColoradoRevised Statutes, 12-10-207, amend (2) PAGE 6-HOUSE BILL 26-1287 as follows:
(2) Itisthedutyofthedirector,personally,orthedirector'sdesigneeIt is the duty ofthe director, personally, orthe director's designee to:
(a) Aid in the administration and enforcement ofofparts parts2 2THISTHISPART PART and PARTPART5 5ofthis ofarticle this10 articleand 10andintheprosecutionofin allthe prosecution ofall persons charged with violating any ofoftheir their provisions;
to (b) Conduct audits ofofbusiness business accounts of licensees;
to (c) EESTABLISH STABLISH PROTOCOLS TO ADDRESS THE SECURITY OF ELECTRONIC CORRESPONDENCECORRESPONDENCE, , INCLUDING WHEN ELECTRONIC CORRESPONDENCECORRESPONDENCEMAYBEUSED MAYFORTHEPURPOSESOFTHIS BE USED FOR THE PURPOSES OF THIS ARTICLE 10;
SECTION13.SECTION 13.
InColoradoRevisedStatutes,12-10-208,amend(2)In ColoradoRevisedStatutes, 12-10-208, amend (2) as follows:
(2) If a broker has no registered agent registered in this state, the registered agent is not located under its registered agent name at its registered agent address, or the registered agent cannot with reasonable diligence be served, the broker may be served by ELECTRONIC MAILMAIL, , registered mail, or bycertifiedby certified mail, return receipt requested, addressed to the entityatitsprincipaladdress.Serviceisperfectedunderthissubsectionentity (2) at theits earliestprincipal of:address.
Service is perfected underthis subsection (2) at the earliest of:
PAGE 7-HOUSE BILL 26-1287 (b) The date shown on the return receipt, if ANYANY, ,IFIF THE RETURN RECEIPT IS signed by or on behalfbehalfofthe of the broker;
or (c) Five days after mailingTHEmailing THE SERVICE IS SENTSENT. .
SECTION14.SECTION 14.
InColoradoRevisedStatutes,12-10-219,amend(2)InColoradoRevised Statutes, 12-10-219,amend(2) as follows:
IfIfthe the licensee is an employed broker, the commission shall also notify the broker employing the licensee by mailing, byELECTRONICby ELECTRONIC MAIL OR first-class mail, a copy of the written notice required under section 24-4-104 (3) to the employing broker's last-known business address.
(6) (b) "Real estate broker" or "broker" does not applytoapply anyofto theany ofthe following:
(II) Any public official in the conduct of his or her THE PUBLIC OFFICIALOFFICIAL'S S official duties;
(V) An attorney-at-law in connection with his or her THE ATTORNEYATTORNEY's S representation ofofclients clients in the practice ofoflaw; law;
(XII) A regularly salaried employee of an owner of an apartment building or complex who acts as an on-site manager ofofsuch such an apartment building or complex.
This exemption applies only in WITH respect to the customary duties of an on-site manager performed for his or her THE ONON-SITE -SITEMANAGER'S MANAGERemployer. 'Semployer.
(XIII) A regularly salaried employee ofofan an owner ofofcondominium condominium PAGE 8-HOUSE BILL 26-1287 units who acts as an on-site manager ofofsuch sucTHETHE units.
For purposes ofofAs S USED IN this subsection (6)(b)(XIII) only, the term "owner" includes a homeowners' association AN HOA formed and acting pursuant to its recordedcondominiumdeclarationandbylaws.Thisexemptionappliesonly inWITHin respecttothecustomarydutiesofanon-sitemanagerperformedforWITH respecttothe customaryduties ofan on-sitemanagerperformed for his or herTHE ONON-SITE -SITEMANAGER'S MANAGER S employer.
SECTION16.SECTION 16.
InColoradoRevisedStatutes,12-10-212,amend(3)InColoradoRevised Statutes, 12-10-212, amend (3) as follows:
Licensefees-partnership,limitedliabilitycompany,License fees- partnership, limited liability company, and corporation licenses - rules.
(3) Each real estate broker's license granted to an individual shall entitleENTITLES the individual to perform all the acts contemplated bythisby this part 2 without any further application on his or herEheTHE INDIVIDUALINDIVIDUAL'S 'Spartpart and without the payment of any fee other than the fees specified in this section.
(2) (b) IfIfa a licensee or the employing broker ofofa a licensee is part of anaffiliatedbusinessarrangement,whenan affiliated business arrangement, when an offer topurchaserealpropertyto purchase real property is fully executed, the licensee shall disclose to all parties to the real estate transaction the existence of the arrangementanangement THE EXISTENCE OF THE AFFILIATED BUSINESS ARRANGEMENT TO THE PARTY THE LICENSEE REPRESENTS AT THE TIME OF MAKING THE REFERRALREFERRAL. .
The disclosure shallshalt be written, shall be signedsignedby by all parties to the real estate transaction, and shallMUSTshaltMUST complywiththefederal"RealEstateSettlementProceduresActcomplywith the federal "RealEstate SettlementProcedures Act of 1974", as amended, 12 U.S.C.
(g) It shallISshalt IS not be a violation of this section for an affiliated business arrangement:
(II)(11) If an attorney or law firm represents a client in a real estate PAGE 9-HOUSE BILL 26-1287 transaction and issues or arranges for the issuance of a policy of title insuranceinthetransactiondirectlyasagentorthroughaseparatecorporateinsurance inthetransactiondirectlyas agentorthroughaseparate corporate title insurance agency that may be established by that attorney or law firm andoperatedasanadjuncttohisorherand THEATTORNEYoperated SORLAWFIRMas 'Slawan adjunct to his or her THEATTORNEY'SORLA w FIRM'Slaw practice.
In Colorado Revised Statutes,Statutes,amend amend 12-10-225 as follows:
Any:Any A person who THAT willfully fails or neglects to appear and testify or to produce books, papers, or records required by subpoena, duly served upon him or herTHEher PERSONTHEPERSONin in any matter conducted under parts 2 and THIS PARTPART2 2 AND PART 5 of this article 10, commits a petty offense.
In Colorado Revised Statutes,Statutes,amend amend 12-10-302 as follows:
Objections on account ofoftitle. title.
No A real estate agent or broker iNOTis NOT entitled to a commission when a proposed purchaser fails or refuses to complete his or her THE PROPOSEDPURCHASERPROPOSEDPURCHASER'Scontract 'Scontractofpurchase of purchase because ofofdefects defects in the title of the owner, unless the owner, within a reasonable time, has the defects corrected by legal proceedings or otherwise.
In Colorado Revised Statutes,Statutes,amend amend 12-10-303 as follows:
The AAN N owner shallshalt IS not be required to begin legal or other proceedings for the correction of a title until the agent or broker secures fromtheproposedpurchaseranenforceablecontractinwriting,bindinghimfromtheproposedpurchaseranenforceablecontractinwriting, bindinghim or herTHEher PROPOSEDTHEPROPOSEDPURCHASERto PURCHASER to complete the purchase whenever the defects in the title are corrected.
InColoradoRevisedStatutes,12-10-403,add(9)asIn ColoradoRevised Statutes, 12-10-403, add (9) as PAGE 10-HOUSEIO-HOUSE BILL 26-1287 follows:
(9) NNOTWITHSTANDING OTWITHSTANDING SUBSECTION (6)(b)OF(6)(b) OF THIS SECTIONSECTION, , A BROKER WORKING WITH A BUYERBUYER, , SELLER, LANDLORDLANDLORD, ,OROR TENANT MAY DISCLOSETHEBUYERDISCLOSETHEBUYER'S, 'S,SELLERSELLER'S,LANDLORD'S, S,LANDLORDORTENANT'S 'SORTENANTCONFIDENTIAL SCONFIDENTIALINFORMATIONTOTHEBROKER'S INFORMATIONTOTHEBROKEREMPLOYINGBROKERORTO SEMPLOYINGBROKERORTOTHEEMPLOYINGTHE BROKEREMPLOYING SBROKER'S DESIGNEE FORFORTHE THE PURPOSE OFPROPEROF PROPER SUPERVISION SOSOLONG LONG AS THE EMPLOYING BROKER OR DESIGNEE DOES NOT USE THE CONFIDENTIAL INFORMATION TO THE DETRIMENT OF THE BUYERBUYER, ,SELLERSELLER, ,LANDLORDLANDLORD, , OR TENANTTENANT. .
SECTION22.SECTION 22.
InColoradoRevisedStatutes,12-10-404,amend(2)In Colorado Revised Statutes, 12-10-404,amend (2) introductory portion as follows:
(2) EXCEPT AS DESCRIBED IN SECTION 12-10-403 (9),(9),A A BROKER ACTING AS A SELLERSELLER'S S OR LANDLORDLANDLORD'S S AGENT SHALL NOT DISCLOSE the following information shall not be discloseddisclosedbyab1oker bya broker acting as a seller's or landlord's agentagentwithout without the informEXPRESSinformed EXPRESS WRITTEN consent ofo f the seller or landlord:
SECTION23.SECTION 23.
InColoradoRevisedStatutes,12-10-405,amend(2)In Colorado Revised Statutes, 12-10-405,amend (2) introductory portion as follows:
(2) EXCEPT AS DESCRIBED IN SECTION 12-10-403 (9),(9),A A BROKER ACTING AS A BUYERBUYER'S 'S OR TENANTTENANT'S 'S AGENT SHALL NOT DISCLOSE the following information shall not be discloseddiscloseby byaabroker broker acting asabuyer'sas abuyer's or tenant's agentagentwithout without the informedEXPRESSinformed WRITTENEXPRESS WRITfEN consent ofo f the buyer or tenant:
SECTION24.SECTION 24.
InColoradoRevisedStatutes,12-10-407,amend(3)In Colorado Revised Statutes, 12-10-407,amend (3) introductory portion as follows:
PAGEPAG E 11-HOUSE BILLB IL L 26-1287 (3) EXCEPT AS DESCRIBED IN SECTION 12-10-403 (9), A TRANSACTIONTRANSACTION-BROKERSHALLNOTDISCLOSEthefollowing -BROKERSHALLNOTDISCLOSEinformationshalt thefollowinginformationshall not be disclosed by a transaction-brokertransaetion-brnke1 without the informed EXPRESS WRITTEN consent of all parties:
InColoradoRevisedStatutes,12-10-505,amend(1)InColoradoRevised Statutes, 12-10-505, amend (1) introductory portion, (1)(a),(l)(a), and (4) as follows:
Refusal, revocation, or suspension of registration - letter ofofadmonition admonition - probation.
may issue a letter ofofadmonition; admonition;
may place a registrant on probation under its close supervision on such terms and for such time as it THETHECOMMISSION COMMISSION deems appropriate;
(a) Has used false or misleading advertising or has made a false or misleading statement or a concealment in his or01 her THETHEDEVELOPER'S DEVELOPER S OR OTHEROTHERPERSON'S PERSON S application for registration;
(4) When a complaint or investigation discloses an instance of misconductthat,intheopinionofthecommission,doesnotinitiallywarrantmisconductthat, inthe opinionofthe commission, does not initiallywarrant formal action bytheby the commission butbutthat that should not be dismissed as being without merit, the commission may send a letter of admonition by ELECTRONIC MAIL OR BY certified mail, return receipt requested, to the registrant who is the subject ofofthe the complaint or investigation and a copy thereofthereofto to any person making the complaint.
The letter shallshalt MUST advise the registrant that he or sheTHEshe THE REGISTRANT has the right to request in writing, within twenty days after proven receipt, that formal disciplinary proceedings be initiated against him or01 herTHEher REGISTRANTTHEREGISTRANTto to adjudicate the propriety ofofthe the conduct upon which the letter of admonition is based.
If the request is timely made, the letter of admonition shall be deemed vacated, and the matter shall be processed bymeansby ofmeans formalofformal disciplinary proceedings.
on the day following the expiration of the ninety-dayperiodninety-day period after final adjournment ofofthe the general assembly(Augustassembly (August 12, 2026, if adjournment sine die is on May 13, 2026);
except that, if a referendumpetitionisfiledpursuanttosection1(3)ofarticleVofthestatereferendumpetition is filed pursuantto section 1(3) ofarticle V ofthe state constitution against this act or an item, section, or part of this act within such period, then the act, item, section, or part will not take effect unless PAGE 13-HOUSE BILL 26-1287 approvedbythepeopleatthegeneralelectiontobeheldinNovember2026approved by the people atthe general election to be held inNovember2026 and, in such case, will take effect on the date ofofthe the official declaration of the vote thereon by the governor.
____________________________J ____________________________u Julie~ McCluskiees James Rashad Coleman, Sr.
SPEAKER OF THE HOUSE PRESIDENT OF OF REPRESENTATIVES THE SENATE ____________________________ ____________________________ Vanessa Reilly Esther van Mourik CHIEF CLERK OF THE HOUSE SECRETARY OF OF REPRESENTATIVES THE SENATE APPROVED________________________________________ (Date and Time) _________________________________________ Jared S.
PolisPoli GOVERNORGOVERNORO OF THE STATE OF COLORADO PAGE 14-HOUSE BILL 26-1287
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Action History
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Governor Signed
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Signed by the Speaker of the House
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Signed by the President of the Senate
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Sent to the Governor
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Senate Third Reading Passed - No Amendments
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Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
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Senate Second Reading Special Order - Passed - No Amendments
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Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
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Senate Committee on State, Veterans, & Military Affairs Refer Unamended to Appropriations
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Introduced In Senate - Assigned to State, Veterans, & Military Affairs
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House Third Reading Passed - No Amendments
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House Third Reading Laid Over Daily - No Amendments
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House Second Reading Special Order - Passed with Amendments - Committee
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House Second Reading Laid Over Daily - No Amendments
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House Committee on Appropriations Refer Unamended to House Committee of the Whole
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House Committee on Transportation, Housing & Local Government Refer Amended to Appropriations
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Introduced In House - Assigned to Transportation, Housing & Local Government
Sponsors
- J. Coleman · Cosponsor
- C. Kolker · Primary
- I. Jodeh · Primary
- Jamie Jackson · Cosponsor
- Naquetta Ricks · Cosponsor
- Andrew Boesenecker · Primary
- Max Brooks · Primary
- Jennifer Bacon · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →4 sponsors · 4 co-sponsors · 93 not signed on · 8 voted No
Sponsors (4)
- C. Kolker
- I. Jodeh
- Andrew Boesenecker Democrat
- Max Brooks Republican
Co-sponsors (4)
- J. Coleman
- Jamie Jackson Democrat
- Naquetta Ricks Democrat
- Jennifer Bacon Democrat
Not signed on (93)
93 members have not signed on to this bill.
Show all 93 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 5 | 0 | 0 | 0 |
| Democrat | 21 | 0 | 0 | 0 |
| Republican | 5 | 4 | 0 | 1 |
| Total | 31 | 4 | 0 | 1 |
| % of votes cast | 86% | 11% | 0% | 3% |
How each member voted (36)
| Member | Party | Vote |
|---|---|---|
| Gonzales J. | — | Yea |
| Pelton B. | — | Yea |
| Pelton R. | — | Yea |
| President | — | Yea |
| Adrienne Benavidez | — | Yea |
| Cathy Kipp | Democrat | Yea |
| Chris Kolker | Democrat | Yea |
| Dylan Roberts | Democrat | Yea |
| Iman Jodeh | Democrat | Yea |
| James Coleman | Democrat | Yea |
| Janice Marchman | Democrat | Yea |
| Jeff Bridges | Democrat | Yea |
| Jessie Danielson | Democrat | Yea |
| Judy Amabile | Democrat | Yea |
| Katie Wallace | Democrat | Yea |
| Kyle Mullica | Democrat | Yea |
| Lindsey Daugherty | Democrat | Yea |
| Lisa Cutter | Democrat | Yea |
| Marc Snyder | Democrat | Yea |
| Matt Ball | Democrat | Yea |
| Mike Weissman | Democrat | Yea |
| Nick Hinrichsen | Democrat | Yea |
| Robert Rodriguez | Democrat | Yea |
| Tom Sullivan | Democrat | Yea |
| Tony Exum | Democrat | Yea |
| William Lindstedt | Democrat | Yea |
| Barbara Kirkmeyer | Republican | Yea |
| Cleave Simpson | Republican | Yea |
| Janice Rich | Republican | Nay |
| John Carson | Republican | Nay |
| Larry Liston | Republican | Not Voting |
| Lisa Frizell | Republican | Yea |
| Lynda Zamora Wilson | Republican | Nay |
| Marc Catlin | Republican | Yea |
| Mark Baisley | Republican | Nay |
| Scott Bright | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 4 | 0 | 0 | 0 |
| Republican | 3 | 0 | 0 | 0 |
| Total | 7 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Chris Kolker | Democrat | Yea |
| Jeff Bridges | Democrat | Yea |
| Judy Amabile | Democrat | Yea |
| Julie Gonzales | Democrat | Yea |
| Barbara Kirkmeyer | Republican | Yea |
| Byron Pelton | Republican | Yea |
| Larry Liston | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 4 | 0 | 0 | 0 |
| Republican | 3 | 0 | 0 | 0 |
| Total | 7 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Chris Kolker | Democrat | Yea |
| Jeff Bridges | Democrat | Yea |
| Judy Amabile | Democrat | Yea |
| Julie Gonzales | Democrat | Yea |
| Barbara Kirkmeyer | Republican | Yea |
| Byron Pelton | Republican | Yea |
| Larry Liston | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 3 | 0 | 0 | 0 |
| Republican | 1 | 1 | 0 | 0 |
| Total | 4 | 1 | 0 | 0 |
| % of votes cast | 80% | 20% | 0% | 0% |
How each member voted (5)
| Member | Party | Vote |
|---|---|---|
| Katie Wallace | Democrat | Yea |
| Tom Sullivan | Democrat | Yea |
| William Lindstedt | Democrat | Yea |
| Lynda Zamora Wilson | Republican | Nay |
| Rod Pelton | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 8 | 0 | 0 | 0 |
| Republican | 1 | 2 | 0 | 0 |
| Total | 9 | 2 | 0 | 0 |
| % of votes cast | 82% | 18% | 0% | 0% |
How each member voted (11)
| Member | Party | Vote |
|---|---|---|
| Andrew Boesenecker | Democrat | Yea |
| Brianna Titone | Democrat | Yea |
| Elizabeth Velasco | Democrat | Yea |
| Emily Sirota | Democrat | Yea |
| Junie Joseph | Democrat | Yea |
| Karen McCormick | Democrat | Yea |
| Kyle Brown | Democrat | Yea |
| Yara Zokaie | Democrat | Yea |
| Matt Soper | Republican | Nay |
| Rick Taggart | Republican | Yea |
| Scott Bottoms | Republican | Nay |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 9 | 0 | 0 | 0 |
| Republican | 2 | 2 | 0 | 0 |
| Total | 11 | 2 | 0 | 0 |
| % of votes cast | 85% | 15% | 0% | 0% |
How each member voted (13)
| Member | Party | Vote |
|---|---|---|
| Amy Paschal | Democrat | Yea |
| Andrew Boesenecker | Democrat | Yea |
| Elizabeth Velasco | Democrat | Yea |
| Jacque Phillips | Democrat | Yea |
| Jamie Jackson | Democrat | Yea |
| Kenny Nguyen | Democrat | Yea |
| Mandy Lindsay | Democrat | Yea |
| Meg Froelich | Democrat | Yea |
| Rebekah Stewart | Democrat | Yea |
| Chris Richardson | Republican | Yea |
| Larry Don Suckla | Republican | Nay |
| Max Brooks | Republican | Yea |
| Ron Weinberg | Republican | Nay |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 9 | 0 | 0 | 0 |
| Republican | 2 | 2 | 0 | 0 |
| Total | 11 | 2 | 0 | 0 |
| % of votes cast | 85% | 15% | 0% | 0% |
How each member voted (13)
| Member | Party | Vote |
|---|---|---|
| Amy Paschal | Democrat | Yea |
| Andrew Boesenecker | Democrat | Yea |
| Elizabeth Velasco | Democrat | Yea |
| Jacque Phillips | Democrat | Yea |
| Jamie Jackson | Democrat | Yea |
| Kenny Nguyen | Democrat | Yea |
| Mandy Lindsay | Democrat | Yea |
| Meg Froelich | Democrat | Yea |
| Rebekah Stewart | Democrat | Yea |
| Chris Richardson | Republican | Yea |
| Larry Don Suckla | Republican | Nay |
| Max Brooks | Republican | Yea |
| Ron Weinberg | Republican | Nay |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 0 | 0 | 0 | 1 |
| Total | 0 | 0 | 0 | 1 |
| % of votes cast | 0% | 0% | 0% | 100% |
How each member voted (1)
| Member | Party | Vote |
|---|---|---|
| Elizabeth Velasco | Democrat | Not Voting |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 0 | 0 | 0 | 1 |
| Total | 0 | 0 | 0 | 1 |
| % of votes cast | 0% | 0% | 0% | 100% |
How each member voted (1)
| Member | Party | Vote |
|---|---|---|
| Elizabeth Velasco | Democrat | Not Voting |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 7 | 0 | 0 | 2 |
| Republican | 4 | 0 | 0 | 0 |
| Total | 11 | 0 | 0 | 2 |
| % of votes cast | 85% | 0% | 0% | 15% |
How each member voted (13)
| Member | Party | Vote |
|---|---|---|
| Amy Paschal | Democrat | Yea |
| Andrew Boesenecker | Democrat | Yea |
| Elizabeth Velasco | Democrat | Not Voting |
| Jacque Phillips | Democrat | Yea |
| Jamie Jackson | Democrat | Yea |
| Kenny Nguyen | Democrat | Yea |
| Mandy Lindsay | Democrat | Yea |
| Meg Froelich | Democrat | Not Voting |
| Rebekah Stewart | Democrat | Yea |
| Chris Richardson | Republican | Yea |
| Larry Don Suckla | Republican | Yea |
| Max Brooks | Republican | Yea |
| Ron Weinberg | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 0 | 0 | 0 | 1 |
| Total | 0 | 0 | 0 | 1 |
| % of votes cast | 0% | 0% | 0% | 100% |
How each member voted (1)
| Member | Party | Vote |
|---|---|---|
| Elizabeth Velasco | Democrat | Not Voting |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 0 | 0 | 0 | 1 |
| Total | 0 | 0 | 0 | 1 |
| % of votes cast | 0% | 0% | 0% | 100% |
How each member voted (1)
| Member | Party | Vote |
|---|---|---|
| Elizabeth Velasco | Democrat | Not Voting |
Subjects
Frequently asked questions
- What does HB 1287 do?
- 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.(Note: This summary applies to this bill as enacted.)
- Who sponsors HB 1287?
- HB 1287 is sponsored by J. Coleman, C. Kolker, I. Jodeh, Jamie Jackson (Democrat), Naquetta Ricks (Democrat), Andrew Boesenecker (Democrat), Max Brooks (Republican), and Jennifer Bacon (Democrat).
- What is the current status of HB 1287?
- This bill has been enacted into law. Introduced February 23, 2026. Enacted.
- Where can I track HB 1287?
- Track HB 1287 free on One Click Politics — get push/email alerts when it moves.
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