In New Mexico, a broker advertises real property the broker owns or partially owns. Which statement is correct?
Correct Answer
B) The advertisement, sign, listing contract, purchase agreement, or lease should disclose the broker’s ownership interest where required
New Mexico owner-brokers must disclose ownership in required advertising and documents. Source basis: 16.61.32 NMAC, Real Estate Advertising: true and factual advertising, brokerage trade name and current brokerage office telephone number, owner-broker disclosure; checked 2026-04-30.
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