New Mexico License Law
In New Mexico, a broker's license can be issued to which of the following entities?
AOnly to individuals
BTo individuals and business entities (corporations, LLCs, partnerships) provided a qualifying broker is designated✓ Correct
COnly to corporations
DOnly to partnerships
Explanation
New Mexico allows real estate brokerage licenses to be issued to both individuals (as qualifying brokers) and business entities (corporations, LLCs, partnerships), provided a qualifying broker is designated for the entity.
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