New Mexico License Law
A New Mexico real estate licensee convicted of a felony involving fraud must:
AReport the conviction to the NMREC✓ Correct
BAutomatically lose their license without a hearing
CPay a fine to the NMREC
DComplete additional education hours
Explanation
New Mexico licensees must report criminal convictions, especially felonies involving fraud, to the NMREC. The Commission will then hold a hearing to determine the appropriate disciplinary action.
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