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Practice Of Real EstatePrelicense EducationMEDIUM

In New Mexico, an out-of-state broker applicant asks about an education waiver. Which statement is correct?

Correct Answer

C) A qualifying out-of-state broker may seek a waiver of 60 of the 90 hours, but still must complete Broker Basics and may still need the state exam

New Mexico allows a limited prelicensure waiver for qualifying broker applicants from other jurisdictions, not a blanket waiver of all requirements. Source basis: NMRLD Real Estate Commission Licensing, Registration, and Renewal page and FAQ: 90 prelicensure hours, fingerprints, E&O, active qualifying broker affiliation, property management requirements; checked 2026-04-30.

Answer Options
A
A licensed salesperson from another state automatically receives the waiver
B
A waiver is granted without license-history documentation
C
A qualifying out-of-state broker may seek a waiver of 60 of the 90 hours, but still must complete Broker Basics and may still need the state exam
D
A waiver always removes all New Mexico education and exams

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Related Topics & Key Terms

Related Topics:

nm.S2prelicense-education

Key Terms:

new mexiconm.S2prelicense-educationeducation-waiver

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