What happens to the licenses of associate brokers if the sole proprietor's license is suspended for two years?

When the sole proprietor's license is suspended, it directly affects the status of all associate brokers working under that broker. In Colorado, associate brokers are licensed to operate under a designated managing broker, and their licenses are contingent upon the status of that managing broker’s license. If the managing broker's license is suspended, the associate brokers’ licenses become inactive as they can no longer operate legally within the framework of the brokerage.

This means that while their licenses are still technically valid, they cannot conduct any real estate business until the managing broker’s license is reinstated or they find a new managing broker to work under. Thus, the status of the associate brokers' licenses will change to inactive, preventing them from engaging in real estate activities until the issue is resolved.