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Practice Of Real EstateLicense AffiliationEASY

A New Mexico broker asks about an associate broker wants to be active. What is the best answer?

Correct Answer

A) An associate broker must be affiliated with a qualifying broker and may be affiliated with only one qualifying broker at a time

New Mexico associate brokers must be affiliated with one qualifying broker to engage in brokerage business. 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
An associate broker must be affiliated with a qualifying broker and may be affiliated with only one qualifying broker at a time
B
An associate broker may work under three qualifying brokers at the same time
C
An associate broker can be active with no qualifying broker
D
Affiliation applies only to commercial transactions

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Related Topics & Key Terms

Related Topics:

nm.S2license-affiliation

Key Terms:

new mexiconm.S2license-affiliationassociate-one-qb
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