New Mexico License Law
In New Mexico, a real estate licensee who sells their own property without disclosing they are a licensed agent to the buyer has:
AViolated the license law—licensed status must be disclosed✓ Correct
BDone nothing wrong—agents may sell their own property
CSaved the buyer from confusion
DActed within NMREC's advertising guidelines
Explanation
New Mexico law requires licensees to disclose their licensed status when buying or selling their own real property. Failure to disclose is a violation of NMSA 1978 §61-29 and NMREC rules.
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