New Mexico License Law
A New Mexico real estate team (a group of agents working under one brand) must:
AObtain a separate real estate brokerage license for the team
BAll be licensed under and supervised by a qualifying broker, and team advertising must include the brokerage name✓ Correct
CRegister the team name with the NMREC as a new entity
DHave at least one qualifying broker as a team member
Explanation
Real estate teams in New Mexico operate under the qualifying broker's license. All team members must be licensed and supervised by the qualifying broker, and all advertising must prominently identify the brokerage.
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