New Mexico Real Estate Bundled Exams Questions and Answers Already Passed

New Mexico Broker Exam Questions and Answers 100% Pass Which is FALSE regarding trade names? Associate broker must register a trade name Duties of broker not required? To attend closings What is not a broker relationship? Designated Agency Who regulates Septic systems in New Mexico Ne...

NM Broker Basics Unit 1 License Law Questions and Answers Graded A+ Members of National Association of Realtors (NAR) Voluntary trade organization that licensees may join and subscribe to a specific code of ethics, enforce the code, through local boards and associations. New Mexico Real Est...

Real Estate Practice Exam Questions and Answers 100% Pass 1. Brokerage definition... the business practice of bringing together the parties in a practice. 2. What are two examples of special use property? schools and cemetary 3. What is an example of functional obsolescence? bathroom ...

New Mexico Real Estate Questions and Answers Graded A+ General Warranty Deed Deed containing full warranty of title, Offers greatest protection Nonconforming use Existing use that doesn't meet current zoning standards metes and bounds a method of describing real estate, using boundary l...

NM Real Estate Practice Exam Questions with Verified Solutions Feet in an acre 43,560 ft Feet in a Mile 5,280 ft A Plat An unofficial map or plan of a parcel of land that's been or will be subdivided to show the boundaries of each created lot Metes and Bounds Description using compass...

NM Broker Basics Unit 1 Quiz - NM Real Estate License Law Rated A+ Which of the following requires a real estate license? Sale of timeshare units The New Mexico real estate commissions may not impose Penalties for code of ethics violations The responsibilities of New Mexico real estate ...

New Mexico Real Estate Exam Questions and Answers Graded A+ The commission shall be appointed by? The governor. The three functions of the commission are? Licensing, Education, Enforcement. (LEE) The commission has how many members? five members, four members must be licensed and one memb...