Agency
In New Mexico, a broker who represents neither the buyer nor the seller and assists in a transaction with limited duties is known as a:
ADual agent
BTransaction broker✓ Correct
CSeller's subagent
DDesignated agent
Explanation
A transaction broker (also called a facilitator or non-agent) assists both parties in completing a transaction without owing fiduciary duties to either. New Mexico law recognizes transaction brokerage with defined limited duties.
Related New Mexico Agency Questions
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