New Mexico License Law
Which of the following statements about the New Mexico Real Estate Commission's composition is correct?
AAll five members must be licensed qualifying brokers
BThe Commission includes licensed real estate professionals and at least one public member who is not licensed✓ Correct
CThe Commission is appointed by the state legislature
DThe Commission has 9 members with equal terms
Explanation
The NMREC includes licensed real estate brokers and at least one public member (not a licensee) appointed by the Governor. Public members provide consumer perspective to balance industry representation.
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