Sandra is a licensed Associate Broker in New Mexico working under Qualifying Broker Tom at Sunset Realty. Sandra decides to leave Sunset Realty and join a new brokerage, Mesa Properties, which is managed by Qualifying Broker Linda. Which of the following correctly describes the steps required for Sandra to legally begin practicing under Linda's supervision?
Correct Answer
A) Sandra must notify the NMREC of the transfer and affiliate her license with Linda's brokerage before conducting any real estate activities for Mesa Properties
Under NMAC Title 16, Chapter 61, an Associate Broker must formally transfer their license affiliation through the NMREC before conducting real estate activities under a new Qualifying Broker. The license must be properly affiliated with the new brokerage in NMREC records. Conducting real estate activities without proper affiliation constitutes unlicensed practice.
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