The Division regulates time share projects sold in Colorado, and regulates developers of subdivisions consisting of 20 or more residential sites, tracts or lots that are not required to be approved by another state planning authority. A five-member Commission meets monthly to conduct rule making hearings, make policy decisions, consider licensing matters, review complaints and take disciplinary action against licensees. For information about whether a person is licensed and whether disciplinary action has been taken against a licensee call 894-2166. Persons wishing to file a complaint against a licensee should send a written complaint to the Division. The Division also regulates real estate appraisers pursuant to the requirements of the Federal Real Estate Appraisal Reform Amendments of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
Board members serve three-year terms.