Colorado Code § 12-10-613

Prohibited activities - grounds for disciplinary actions - procedures
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(1) 
A real estate appraiser is in violation of this part 6 if the appraiser:
(a) Has been convicted of a felony or has had accepted by a court a plea of guilty or nolo
contendere to a felony if the felony is related to the ability to act as a real property appraiser. A
certified copy of the judgment of a court of competent jurisdiction of the conviction or plea is
conclusive evidence of the conviction or plea. In considering the disciplinary action, the board
shall be governed by the provisions of section 24-5-101.
(b) Has violated, or attempted to violate, directly or indirectly, or assisted in or abetted
the violation of, or conspired to violate this part 6, a rule promulgated pursuant to this part 6, or
an order of the board issued pursuant to this part 6;
(c) Has accepted any fees, compensation, or other valuable consideration to influence the
outcome of an appraisal;
(d) Has used advertising that is misleading, deceptive, or false;
(e) Has used fraud or misrepresentation in obtaining a license or certificate under this
part 6;
(f) Has conducted an appraisal in a fraudulent manner or used misrepresentation in any
such activity;
(g) Has acted or failed to act in a manner that does not meet the generally accepted
standards of professional appraisal practice as adopted by the board by rule. A certified copy of a
malpractice judgment of a court of competent jurisdiction is conclusive evidence of the act or
omission, but evidence of the act or omission is not limited to a malpractice judgment.
(h) Has performed appraisal services beyond his or her level of competency;
(i) Has been subject to an adverse or disciplinary action in another state, territory, or
country relating to a license, certificate, or other authorization to practice as an appraiser. A
disciplinary action relating to a license or certificate as an appraiser licensed or certified under
this part 6 or any related occupation in any other state, territory, or country for disciplinary
reasons is prima facie evidence of grounds for disciplinary action or denial of licensure or
certification by the board. This subsection (1)(i) applies only to violations based upon acts or
omissions in the other state, territory, or country that are also violations of this part 6.
(j) Has failed to disclose in the appraisal report the fee paid to the appraiser for a
residential real property appraisal if the appraiser was engaged by an appraisal management
company to complete the assignment; or
(k) Has engaged in conduct that would be grounds for the denial of a license or
certification under section 12-10-612.
(2) If an applicant, a licensee, or a certified person has violated any provision of this
section, the board may deny or refuse to renew the license or certificate, or, as specified in
subsections (3) and (6) of this section, revoke or suspend the license or certificate, issue a letter
of admonition to a licensee or certified person, place a licensee or certified person on probation,
or impose public censure.
(3) When a complaint or an investigation discloses an instance of misconduct by a
licensed or certified appraiser that, in the opinion of the board, does not warrant formal action by
the board but should not be dismissed as being without merit, the board may send a letter of
admonition to the appraiser against whom a complaint was made. The letter must advise the
appraiser of the right to make a written request, within twenty days after receipt of the letter of
admonition, to the board to begin formal disciplinary proceedings as provided in this section to
adjudicate the conduct or acts on which the letter was based.
(4) The board may start a proceeding for discipline of a licensee or certified person when
the board has reasonable grounds to believe that a licensee or certified person has committed any
act or failed to act pursuant to the grounds established in subsection (1) of this section or when a
request for a hearing is timely made under subsection (3) of this section.
(5) Disciplinary proceedings shall be conducted in the manner prescribed by the "State
Administrative Procedure Act", article 4 of title 24.
(6) As authorized in subsection (2) of this section, disciplinary actions by the board may
consist of the following:
(a) Revocation of a license or certificate. (I) Revocation of a license or certificate by
the board means that the licensed or certified person shall surrender his or her license or
certificate immediately to the board.
(II) Any person whose license or certificate to practice is revoked is ineligible to apply
for a license or certificate issued under this part 6 until more than two years have elapsed from
the date of surrender of the license or certificate. A reapplication after the two-year period is
treated as a new application.
(b) Suspension of a license or certificate. Suspension of a license or certificate by the
board is for a period to be determined by the board.
(c) Probationary status. The board may impose probationary status on a licensee or
certified person. If the board places a licensee or certified person on probation, the board may
include conditions for continued practice that the board deems appropriate to assure that the
licensee or certified person is otherwise qualified to practice in accordance with generally
accepted professional standards of professional appraisal practice, as specified in board rules,
including any or all of the following:
(I) A requirement that the licensee or certified person take courses of training or
education as needed to correct deficiencies found in the hearing;
(II) A review or supervision of his or her practice as may be necessary to determine the
quality of the practice and to correct deficiencies in the practice; and
(III) The imposition of restrictions upon the nature of his or her appraisal practice to
assure that he or she does not practice beyond the limits of his or her capabilities.
(d) Public censure. If, after notice and hearing, the director or the director's designee
determines that the licensee or certified person has committed any of the acts specified in this
section, the board may impose public censure.
(7) In addition to any other discipline imposed pursuant to this section, a person who
violates this part 6 or the rules promulgated pursuant to this article 10 may be penalized by the
board, upon a finding of a violation made pursuant to article 4 of title 24, by imposition of a fine
of not more than one thousand dollars per violation.
(8) A person participating in good faith in making a complaint or report or participating
in an investigative or administrative proceeding before the board pursuant to this article 10 is
immune from any liability, civil or criminal, that otherwise might result by reason of the action.
(9) A licensee or certified person who has direct knowledge that a person has violated
this part 6 shall report his or her knowledge to the board.
(10) The board, on its own motion or upon application at any time after the imposition of
discipline as provided in this section, may reconsider its prior action and reinstate or restore a
license or certificate, terminate probation, or reduce the severity of its prior disciplinary action.
The decision of whether to take any further action or hold a hearing with respect to a prior
disciplinary action rests in the sole discretion of the board.

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