Under New Mexico brokerage rules, a licensee who assists both the buyer and seller in the same transaction must obtain:
Correct Answer
B) Written informed consent from both parties
Under NMAC 16.61.19, when a New Mexico licensee represents or assists both parties in the same transaction, written informed consent from both the buyer and seller is required. New Mexico's brokerage framework emphasizes a transaction-facilitation model rather than traditional dual agency; however, the written informed consent requirement applies whenever a licensee's role creates a potential conflict of interest by working with both parties.
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