New Mexico License Law
A New Mexico real estate licensee wants to engage in property management. They:
ANeed a separate property management license
BMay engage in property management under their real estate license, as it is considered a licensed real estate activity in New Mexico✓ Correct
CMust form a separate LLC for property management
DNeed approval from NMREC for each managed property
Explanation
In New Mexico, property management (leasing on behalf of others for compensation) is a licensed real estate activity covered by the licensee's real estate license. No separate property management license is required.
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