New Mexico License Law
In New Mexico, an associate broker who wishes to change their qualifying broker must:
ASimply tell both brokers and begin working for the new broker
BTerminate their affiliation with the current broker, notify NMREC, and affiliate with the new qualifying broker before performing any licensed activities for the new broker✓ Correct
CWait 90 days before switching
DObtain NMREC approval before giving notice to their current broker
Explanation
When changing brokers, an associate must properly terminate their current affiliation, update their license affiliation with NMREC, and affiliate with the new qualifying broker before conducting any licensed activities under the new brokerage.
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