Which of the following acts is prohibited for a real estate broker in Colorado?

In Colorado, it is prohibited for a real estate broker to prepare legal documents for sellers because such actions are reserved for licensed attorneys. While real estate brokers play a crucial role in facilitating transactions and providing guidance throughout the buying or selling process, they do not have the authority to engage in legal practice unless they are also a licensed attorney. This is in place to protect consumers and ensure that legal matters are handled by those qualified to interpret and apply the law.

In contrast, real estate brokers can conduct open houses, negotiate leases for rental properties, and provide property management services. These activities fall within the scope of services offered by brokers and are essential aspects of their role in the real estate market.