ColoradoHB26-12872026 Regular SessionHouse

Sunset Division of Real Estate

Sponsored By: Andrew Boesenecker (Democratic), Chris Kolker (Democratic), Iman Jodeh (Democratic), Max Brooks (Republican)

Signed by Governor

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Bill Overview

Analyzed Economic Effects

11 provisions identified: 6 benefits, 3 costs, 2 mixed.

Real estate professionals face stronger discipline

The Commission can deny a license to applicants guilty of offenses listed in the licensing law. After revocation, a new license application cannot be considered for two years, up from one year. Licensees and registrants can face administrative fines of up to $2,500 per offense for covered violations. For misconduct that merits a warning rather than initial formal action, registrants can receive admonition letters by email or certified mail. The letter must explain their right to request formal proceedings within 20 days after proven receipt.

Education lapses risk inactive broker licenses

The Commission can make a broker’s license inactive for failing to meet continuing education requirements. An inactive license can prevent the holder from practicing under that license. The Division can also charge providers a fee when they submit continuing education courses. The law does not set the fee amount or require the Division to charge it.

Agents must disclose affiliated business referrals

Real estate agents must disclose an affiliated business relationship when referring a client to that business. This applies when the agent or employing broker is part of the arrangement. The client must receive the disclosure at the time of referral. The disclosure must follow the federal Real Estate Settlement Procedures Act.

Home warranty contract protections stay in place

The law removes requirements for covered home warranty service contracts from the September 1, 2026 repeal schedule. Providers and contract holders remain subject to those requirements. The provision sets no new end date for these contract rules.

Employed brokers can use former legal names

An individual can choose a previously used legal name for a real estate broker license registration. This option applies when the license is registered as being in the employ of another broker.

Qualifying condo managers avoid broker licensing

A qualifying condominium homeowners association counts as an owner under the on-site manager exemption from broker licensing. The association must be formed and act under its recorded condominium declaration and bylaws. The manager must be a regularly salaried employee working on-site. The exemption covers only customary management duties performed for that employer.

Colorado keeps real estate oversight through 2037

The law continues Colorado’s Division of Real Estate and Real Estate Commission until September 1, 2037. Their scheduled repeal date was September 1, 2026. They continue overseeing brokers, subdivision developers, and related real estate activities. The law takes effect August 12, 2026, unless a timely referendum petition delays it. In that case, voter approval in November 2026 is required, followed by the governor’s official declaration.

Real estate notices gain email options

Alternative service applies when a broker lacks a Colorado registered agent, the agent cannot be found, or reasonable service efforts fail. Service can then go to the entity’s principal address by email, registered mail, or certified mail. It counts at the earliest of receipt, a qualifying signed return-receipt date, or five days after sending. The Commission can send an employed broker’s hearing notice to the employing broker by email or first-class mail. The Division’s director or designee must set security protocols governing electronic correspondence and when it can be used.

Ignoring real estate subpoenas brings daily offenses

Willfully ignoring a duly served subpoena in covered broker or subdivision proceedings is a petty offense. This covers failing to appear and testify or provide required materials. Each day of refusal or neglect is a separate offense. The provision does not specify a fine amount.

Client privacy rules allow supervisory sharing

Agents must get express written consent before making covered disclosures of a client’s confidential information. A transaction-broker must get that consent from all parties. But brokers can share confidential information with their employing broker or that broker’s designee for proper supervision without that consent. The supervisor cannot use the information to harm the buyer, seller, landlord, or tenant.

Money-handling discipline limited to licensed work

The law narrows specified grounds for disciplining brokers over another person’s money. Those grounds cover failures to account for, remit, or safeguard funds only while performing work that requires a real estate license. They still apply to money-handling misconduct during that licensed work.

Sponsors & Cosponsors

Cosponsors

Jennifer Bacon
Democratic • House
Jamie Jackson
Democratic • House
Naquetta Ricks
Democratic • House
James Coleman
Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 139 • No: 25

Senate vote • 5/8/2026

Third reading: Bill

Yes: 30 • No: 4

Senate vote • 5/7/2026

Refer House Bill 26-1287 to the Committee of the Whole.

Yes: 7 • No: 0

Senate vote • 5/7/2026

Refer House Bill 26-1287 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.

Yes: 7 • No: 0

Senate vote • 5/5/2026

Refer House Bill 26-1287 to the Committee on Appropriations.

Yes: 4 • No: 1

House vote • 4/24/2026

Third reading: Bill

Yes: 49 • No: 14

House vote • 4/17/2026

Refer House Bill 26-1287 to the Committee of the Whole.

Yes: 9 • No: 2

House vote • 3/18/2026

Reconsider previous vote on bill

Yes: 11 • No: 2

House vote • 3/18/2026

Refer House Bill 26-1287, as amended, to the Committee on Appropriations.

Yes: 11 • No: 2

House vote • 3/17/2026

Refer House Bill 26-1287, as amended, to the Committee on Finance.

Yes: 11 • No: 0

Actions Timeline

Governor Signed
6/4/2026House
Signed by the Speaker of the House
6/3/2026House
Signed by the President of the Senate
6/3/2026Senate
Sent to the Governor
6/3/2026House
Senate Third Reading Passed - No Amendments
5/8/2026Senate
Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
5/7/2026Senate
Senate Second Reading Special Order - Passed - No Amendments
5/7/2026Senate
Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
5/7/2026Senate
Senate Committee on State, Veterans, & Military Affairs Refer Unamended to Appropriations
5/5/2026Senate
Introduced In Senate - Assigned to State, Veterans, & Military Affairs
4/28/2026Senate
House Third Reading Passed - No Amendments
4/24/2026House
House Third Reading Laid Over Daily - No Amendments
4/23/2026House
House Second Reading Special Order - Passed with Amendments - Committee
4/22/2026House
House Second Reading Laid Over Daily - No Amendments
4/21/2026House
House Committee on Appropriations Refer Unamended to House Committee of the Whole
4/17/2026House
House Committee on Transportation, Housing & Local Government Refer Amended to Appropriations
3/18/2026House
Introduced In House - Assigned to Transportation, Housing & Local Government
2/23/2026House

Bill Text

Engrossed
PDF
Final Act
PDF
House Transportation, Housing & Local Government Preamend
PDF
Introduced
PDF
Reengrossed
PDF
Rerevised
PDF
Revised
PDF
Signed Act
PDF

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