In New Mexico, a candidate asks why NMREC regulates licensees. Which statement is correct?
Correct Answer
C) The Commission’s licensing and disciplinary work is a public-protection function
NMREC regulation is tied to competent, legally responsible real estate practice and consumer protection. Source basis: NMSA 1978 §61-29-4 current text and NMREC official statutes/rules reference; commission creation, membership, rulemaking, and enforcement powers; checked 2026-04-30.
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FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
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