New Mexico License Law
Under New Mexico law, a salesperson who receives a commission from a source other than their qualifying broker has:
ANo problem if it is disclosed
BViolated the license law—commissions must flow through the qualifying broker✓ Correct
CPermission to do so if both parties consent
DThe right to accept it as long as it is under $1,000
Explanation
New Mexico law requires all commissions and compensation for real estate services to be paid to the qualifying broker, who then pays the salesperson per their agreement. Direct payment to salespersons from parties bypasses this requirement.
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