New Mexico License Law
Under New Mexico rules, a salesperson who disagrees with their qualifying broker's decision about an earnest money dispute should:
AKeep the earnest money themselves
BFollow the qualifying broker's instructions or request NMREC guidance; the qualifying broker is ultimately responsible✓ Correct
CGive the money directly to the buyer
DGive the money to the seller without the broker's consent
Explanation
The qualifying broker is responsible for all trust accounts. While a salesperson may disagree, they must follow the broker's lawful instructions on fund disbursement or request NMREC intervention if there is a genuine dispute.
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