New Mexico License Law
A New Mexico qualifying broker who wishes to operate a real estate office must:
AFile with the Secretary of State only
BObtain a broker license and register the business with NMREC✓ Correct
CHold a salesperson license for at least two years first
DObtain approval from the local real estate association
Explanation
A qualifying broker must hold a broker license and register the brokerage with the New Mexico Real Estate Commission before operating a real estate office.
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