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Practice Of Real EstateLicensing_requirementsMEDIUM

How many hours of pre-license education does New Mexico require for an associate broker license?

Correct Answer

B) 90 hours

New Mexico requires 90 hours of NMREC-approved pre-license education for an associate broker license, as specified under NMAC 16.61.3. The coursework covers real estate principles, law, and practice before a candidate may sit for the state licensing exam.

Answer Options
A
60 hours
B
90 hours
C
120 hours
D
180 hours

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Related Topics & Key Terms

Related Topics:

NM-licensing-structure

Key Terms:

90 hoursNMassociate broker

Related Concepts

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.

A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.

Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.

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