A New Mexico broker asks about a candidate passes only one portion of the broker examination. What is the best answer?
Correct Answer
D) The candidate must pass both the national and New Mexico state portions with at least 75 and must pass both within 90 days of first taking the exam
New Mexico requires passing both portions with a minimum score of 75 within the stated time period. Source basis: PSI/New Mexico CIB #998 and NMRLD licensing page: pass both national and state portions with minimum 75, pass both within 90 days, apply within six months; checked 2026-04-30.
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Related Topics & Key Terms
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Related Concepts
Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.
Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.
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