New Mexico License Law
The New Mexico Real Estate License Law (NMSA 1978 §61-29) defines 'real estate' to include which of the following?
APersonal property only
BReal property and leaseholds, as well as any interest or right in real property✓ Correct
COnly improved (built-upon) properties
DOnly residential properties under 5 acres
Explanation
New Mexico's license law broadly defines real estate to include real property, leaseholds, mineral interests, and any interest, right, or claim in or to real property, ensuring comprehensive coverage.
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