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New Mexico Broker Exam Practice Questions and Answers 100% Pass $10.49   Add to cart

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New Mexico Broker Exam Practice Questions and Answers 100% Pass

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

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  • November 19, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Prep Tests
  • Prep Tests
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SophiaBennett
New Mexico Broker Exam Practice
Questions and Answers 100% Pass

Which is FALSE regarding trade names? - ANSWER✔✔-Associate broker must register

a trade name


Duties of broker not required? - ANSWER✔✔-To attend closings


What is not a broker relationship? - ANSWER✔✔-Designated Agency


Who regulates Septic systems in New Mexico - ANSWER✔✔-New Mexico

Environmental Improvement Department


When is a Septic system required to be inspected and certified? - ANSWER✔✔-Not

more than 180 prior to closing


What is the time that transaction files must be maintained, even if it does not close? -

ANSWER✔✔-6 years


What is required office signage? - ANSWER✔✔-It must be in a conspicuous location

near the entrance to the office


The minimum amount the Real Estate Recovery fund cannot fall below - ANSWER✔✔-

150,000


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