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AgencyDisclosure RequirementsMEDIUM

A New Mexico broker asks about a broker knows an adverse material fact or has a potential conflict of interest. What is the best answer?

Correct Answer

B) The broker must make required written disclosures of known adverse material facts and potential conflicts of interest

New Mexico broker duties include written disclosure of known adverse material facts and potential conflicts. Source basis: 16.61.19 NMAC, Broker Duties, Disclosure, Brokerage Relationships, and Dual Agency Relationships; checked 2026-04-30.

Answer Options
A
Fair housing protected-class information is treated as an adverse material fact
B
The broker must make required written disclosures of known adverse material facts and potential conflicts of interest
C
Known adverse material facts can always be kept confidential
D
Potential conflicts never need written disclosure

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Related Topics & Key Terms

Related Topics:

nm.S3disclosure-requirements

Key Terms:

new mexiconm.S3disclosure-requirementsadverse-material-conflict
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