New Mexico License Law
Under New Mexico law, a licensee who wishes to place their license on inactive status must:
ASurrender the license permanently
BNotify NMREC and stop performing licensed activities✓ Correct
CPay a higher renewal fee
DWork under a different broker temporarily
Explanation
A licensee placing their license on inactive status must notify NMREC and cease performing activities that require an active license.
Related New Mexico New Mexico License Law Questions
- Under NMSA 1978 Chapter 61 Article 29, which of the following persons does NOT need a New Mexico real estate license?
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