Agency
In New Mexico, an agent who knowingly makes a false statement to induce a buyer to purchase property may be liable for:
AOnly an administrative reprimand
BFraudulent misrepresentation, potentially leading to contract rescission, damages, license action by NMREC, and possible criminal charges✓ Correct
CA civil fine only
DRestitution of the commission only
Explanation
Fraudulent misrepresentation (intentional false statement of material fact that induces the other party's action) can expose the licensee to civil liability (rescission, actual and punitive damages), NMREC discipline, and even criminal prosecution.
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