New mexico broker exam - Study guides, Class notes & Summaries

New Mexico Real Estate Broker Basics exam with verified solutions

New Mexico Real Estate Broker Exam Questions And Answers With Latest Solutions New Mexico Real Estate Broker Exam Questions And Answers With Latest Solutions

New Mexico Broker Basics Final Exam Questions And Answers With Latest Quiz New Mexico Broker Basics Final Exam Questions And Answers With Latest Quiz

New Mexico Broker Basics exam with verified solutions

2023 New Mexico Broker Basics exam with verified solutions

New Mexico broker basics Exam Questions and Answers Broker duties are not required to - Correct Answer ️️ -Disclose their license number or the county issued What are the six fiduciary rights - Correct Answer ️️ -Obedience, loyalty, disclosure, confidentiality, accounting, reasonable care and skills If you don't know the answer you should - Correct Answer ️️ -Advised to consult an attorney if needed Unless authorized in writing a broker representing a seller/owner should not...

New Mexico Broker Basic Exam Questions and Answers Which of the following is FALSE regarding trade names? -trade names are registered with the commission -the brokerage must be conducted from the address as registered -associate brokers must register a trade name -a qualifying broker may register more than one trade name - Correct Answer ️️ - Associate brokers must register a trade name All of the following are broker duties EXCEPT -honesty -disclosure of material facts -Attend cl...

New Mexico broker basics final exam questions with 100% correct solutions Which of the following is false regarding trade names - Correct Answer ️️ -associate brokers must register a trade name all of the following are broker duties except - Correct Answer ️️ -attend closings the duty of honest and reasonable care means - Correct Answer ️️ -Activley applying a brokers skill and expertise for the benefit of the client who regulates septic systems in new mexico - Correct Answer ...

NM Broker Basics Questions and Answers Graded A+ Licensees have how many days to respond to a complaint by the Real Estate Commission? 10 days The deed has been signed by the grantor Title is said to pass in New Mexico when.... If a broker has not accounted for a security deposit within the required 30 days, and the tenant files suit, what could happen? Pay $250 in damages, pay attorney's fees and courts costs, and forfeit the security deposit When the transfer application is ...

State of New Mexico Real Estate Exam Questions and Answers A violation of real estate law or commission rules could be considered a fourth-degree felony, subject up to 18 months imprisonment and/or a $,5000 criminal fine. - Correct Answer ️️ -Exambple- would be unlicensed activity How long do licensee have to respond to a complaint by the Real Estate Commission? - Correct Answer ️️ -10 days If commission finds cause, what will they issue? - Correct Answer ️️ -Notice of Contem...