Colorado Sales License Practice Test

Question: 1 / 400

If a salesperson leaves a dealership, what must they do to work at another dealership?

Obtain a new license

To work at another dealership, a salesperson usually needs to transfer their existing license rather than obtain a new one. This process allows the salesperson to maintain their license validity while changing employment. Transferring the license involves notifying the regulatory authority overseeing sales licenses in Colorado, which ensures that the salesperson's credentials are updated in accordance with the new dealership's requirements.

Additionally, it is important to notify the previous dealership about the move, but this is part of the professional etiquette rather than a legal requirement tied to licensing. Simply put, the correct action for a salesperson wishing to continue their career in a new dealership without interruption is the transfer of their existing license.

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Transfer their existing license

Notify the previous dealership

Wait for a period of 30 days

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