New Mexico License Law
In New Mexico, a qualifying broker who wants to offer property management services must ensure that:
AThey obtain a separate property manager license
BAll property management activities are conducted under their real estate broker license and in compliance with NMREC rules✓ Correct
CThey use only government-approved management agreements
DThey partner with a licensed CPA firm
Explanation
Property management in New Mexico is a licensed real estate activity. A qualifying broker may perform property management under their existing real estate license, provided they comply with NMREC's trust account and other rules.
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