New Mexico License Law
A New Mexico real estate agent who uses their own funds to purchase a property for resale to a buyer at a higher price without the buyer's knowledge is engaging in:
AA permissible investment strategy
BUndisclosed dual interest—potentially fraud and a license violation if the agent-buyer relationship is not disclosed✓ Correct
CA legal flipping strategy
DOnly permissible if the profit is under $5,000
Explanation
A licensee who acts as a principal (buyer or seller) in a transaction without disclosing their licensed status and role creates a conflict of interest and violates disclosure requirements under New Mexico license law.
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