New mexico broker - Study guides, Class notes & Summaries
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New Mexico Broker Basics State Exam | Questions with 100% Correct Answers | Verified | Latest Update 2024 | 27 Pages
- Exam (elaborations) • 27 pages • 2023
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Which of the following Requires a real estate License? 
A. Sale of 20 lots in a subdivision by an employee. 
B. Three Week rental of condominium. 
C. Sale of time share units. 
D. Sale of more than 20 personally owned properties. - C. Sale of time -share units 
The New Mexico Real Estate Commission may not impose 
A. licensing Requirements. 
B. penalties for Code of Ethics violations. 
C. disciplinary penalties. 
D. a recovery fund assessment. - B. penalties for Code of Ethics 
The responsibilit...
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New Mexico Broker Exam Questions and Answers 100% Pass
- Exam (elaborations) • 5 pages • 2024
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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 New Mexico Environmental Improvement 
Department 
 
When is a Septic system required to be inspected and certified? Not more than 180 prior to 
closing 
 
What is the time that transaction files must be...
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New Mexico Broker Basics Complete Study Questions And Answers 2024 Solutions
- Exam (elaborations) • 6 pages • 2024
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New Mexico Broker Basics Complete Study Questions And Answers 2024 Solutions 
 
New Mexico Broker Basics Complete Study Questions And Answers 2024 Solutions
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New Mexico Broker Basics Questions And Answers With Latest Study Quiz
- Exam (elaborations) • 5 pages • 2024
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New Mexico Broker Basics Questions And Answers With Latest Study Quiz 
 
New Mexico Broker Basics Questions And Answers With Latest Study Quiz
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New Mexico Broker Basics State Exam | Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 27 pages • 2024
-
- $13.49
- + learn more
Which of the following Requires a real estate License? 
A. Sale of 20 lots in a subdivision by an employee. 
B. Three Week rental of condominium. 
C. Sale of time share units. 
D. Sale of more than 20 personally owned properties. - C. Sale of time -share units 
The New Mexico Real Estate Commission may not impose 
A. licensing Requirements. 
B. penalties for Code of Ethics violations. 
C. disciplinary penalties. 
D. a recovery fund assessment. - B. penalties for Code of Ethics 
The responsibilit...
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New Mexico Broker Exam Questions & 100% Correct Answers | Latest Update | Graded A+
- Exam (elaborations) • 9 pages • 2024
- Available in package deal
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- $9.99
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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 
: New Mexico Environmental Improvement Department 
When is a Septic system required to be inspected and certified? 
: Not more than 180 prior to closing 
What is the time that transaction files must be maintained, even if it does not close? 
: 6 years 
2 | P ...
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New Mexico Broker Basics Questions & 100% Correct Answers | Latest Update | Graded A+
- Exam (elaborations) • 12 pages • 2024
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Changes or amendments to Commission rules are effective ____ days after notification 
to all active licensees 
: 30 
a violation of real estate law or commission rules could be considered a 
_______________ felony 
: 4th degree 
a violator of real estate law or comission rules could be subject to __________ 
and/or_____________ 
: 18 months imprisonment and/or $5,000 fine. 
Licensees have ____ days to respond to a complaint by the real estate commission 
: 10 
If it finds cause, the commissio...
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New Mexico Broker Exam Questions And Answers With Latest Study Quiz
- Exam (elaborations) • 3 pages • 2024
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Available in package deal
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New Mexico Broker Exam Questions And Answers With Latest Study Quiz 
 
New Mexico Broker Exam Questions And Answers With Latest Study Quiz
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New Mexico Broker Exams Pack Questions & 100% Correct Answers | Latest Update | Graded A+
- Package deal • 14 items • 2024
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New Mexico Broker Exams Pack Questions & 100% Correct Answers | Latest Update | Graded A+
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New Mexico Broker Basics 2024 Questions and Answers
- Exam (elaborations) • 8 pages • 2024
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New Mexico Broker Basics 2024 
Questions and Answers 
Changes or amendments to Commission rules are effective ____ days after notification 
to all active licensees - Correct Answer ️️ -30 
a violation of real estate law or commission rules could be considered a 
_______________ felony - Correct Answer ️️ -4th degree 
a violator of real estate law or comission rules could be subject to __________ 
and/or_____________ - Correct Answer ️️ -18 months imprisonment and/or $5,000 
fine. 
Li...
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