New Mexico License Law
The New Mexico Real Estate Commission is composed of how many members?
A3 members
B5 members✓ Correct
C7 members
D9 members
Explanation
The NMREC is composed of 5 members appointed by the Governor, including licensed brokers and at least one public member.
Related New Mexico New Mexico License Law Questions
- Under New Mexico law, a salesperson who receives a commission from a source other than their qualifying broker has:
- Under NMREC rules, a licensee's earnest money must be deposited in a trust account within:
- Under NMREC rules, a real estate licensee who receives a referral fee from a home inspector must:
- Which state agency is responsible for licensing and regulating real estate professionals in New Mexico?
- How many hours of pre-license education are required to sit for the New Mexico real estate salesperson exam?
- A New Mexico salesperson who changes their employing broker must:
- In New Mexico, an unlicensed personal assistant who works for a real estate licensee may perform which of the following tasks?
- A New Mexico real estate licensee convicted of a felony involving fraud must:
Practice More New Mexico Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free New Mexico Quiz →