New Mexico License Law
Under New Mexico law, a real estate transaction involving a federally recognized Indian tribe's trust land is subject to:
AOnly New Mexico real estate license law
BTribal law and federal law—New Mexico NMREC jurisdiction generally does not apply on tribal trust land✓ Correct
COnly federal law from the BIA
DNo laws—tribal land is exempt from all regulation
Explanation
Tribal trust lands are federal trust property under tribal sovereignty. New Mexico state laws and NMREC jurisdiction generally do not apply. Federal and tribal laws govern real estate transactions on tribal trust land.
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