New Mexico License Law
Under NMREC rules, a New Mexico licensee must obtain prior written approval from their qualifying broker before:
AShowing any property
BEntering into a real estate transaction in which the licensee is a principal (buying or selling property for themselves)✓ Correct
CAttending a CE course
DJoining a professional association
Explanation
When a licensee acts as a principal in a transaction (buying or selling on their own behalf), their qualifying broker should be aware, and NMREC rules require disclosure. The licensee must disclose their licensed status to all parties.
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