New Mexico License Law
A New Mexico licensee's qualifying broker is retiring and closing the brokerage. The licensee must:
AContinue operating under the closed brokerage for 90 days
BImmediately affiliate with a new qualifying broker to continue practicing✓ Correct
CApply for a provisional qualifying broker license
DAutomatically become a qualifying broker
Explanation
When a qualifying broker closes their brokerage, all associated licensees must affiliate with a new qualifying broker before they can continue to practice real estate.
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