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Practice Of Real EstateLicense AffiliationEASY

A New Mexico broker asks about an associate broker is asked to handle a deal for another qualifying broker. What is the best answer?

Correct Answer

D) The associate broker must not engage in real estate activity for another qualifying broker outside the knowledge and supervision of the affiliated qualifying broker

A New Mexico associate broker’s licensed activity must stay within the affiliated qualifying broker’s knowledge and supervision. Source basis: 16.61.17 NMAC, Associate Broker Affiliation and Responsibilities; checked at NM State Records Center and Archives 2026-04-30.

Answer Options
A
The associate may secretly work for any qualifying broker
B
The rule applies only to residential rentals
C
A client request overrides the affiliation rule
D
The associate broker must not engage in real estate activity for another qualifying broker outside the knowledge and supervision of the affiliated qualifying broker

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Related Topics & Key Terms

Related Topics:

nm.S3license-affiliation

Key Terms:

new mexiconm.S3license-affiliationab-one-qb-no-other-activity
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