New Mexico License Law
Under NMSA 1978 Chapter 61 Article 29, which of the following activities requires a New Mexico real estate license?
ASelling your own primary residence
BNegotiating a lease on behalf of another person for compensation✓ Correct
CManaging your own rental properties
DAuctioning personal property unrelated to real estate
Explanation
NMSA 1978 Chapter 61 Article 29 requires a license for any person who, for compensation, negotiates or assists in negotiating leases or sales of real property on behalf of others.
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