A New Mexico broker asks about a broker wants to manage property for others in New Mexico. What is the best answer?
Correct Answer
C) The broker must hold a current broker license with a property management endorsement and complete required property management education before offering the service
New Mexico property management for others requires broker licensing, endorsement, and required property management education. Source basis: 16.61.24 NMAC, Property Management: declaration, education, qualifying broker auspices, trust accounts, agreements, reports, and records; checked 2026-04-30.
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