Nm real estate - Study guides, Class notes & Summaries
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New Mexioc Real Estate Broker Exam Questions and Answers
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New Mexioc Real Estate Broker Exam 
Questions and Answers 
Which of the following is false regarding trade name? - Correct Answer ️️ -Associate 
brokers must register trade name. 
Mechanic's lien laws affecting real property - Correct Answer ️️ -require the lien to be 
recorded for it be enforceable. 
A qualifying broker opens a virtual office. Where must the qualifying broker keep the 
licenses of his associate brokers? - Correct Answer ️️ -Photo or scanned images of 
the licenses ...
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NM Broker Basics 01 Licensing Questions And Answers With Verified Solutions
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NM Broker Basics 01 Licensing Questions And Answers With Verified Solutions 
 
NM Broker Basics 01 Licensing Questions And Answers With Verified Solutions
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New Mexico Broker Basic Exam Questions and Answers
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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...
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New Mexico broker basics final exam questions with 100% correct solutions
- Exam (elaborations) • 4 pages • 2024
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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 ...
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NM broker basics unit 1 quiz - NM real estate license law Questions & 100% Correct Answers | Latest Update | Graded A+
- Exam (elaborations) • 4 pages • 2024
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Which of the following requires a real estate license? 
: Sale of timeshare units 
The New Mexico real estate commissions may not impose 
: Penalties for code of ethics violations 
The responsibilities of New Mexico real estate commissions do not include 
: Regulating brokerage fees 
The governor of the state of New Mexico 
: Fills vacancies in the New Mexico real estate commissions for unexpired terms 
referral fee to an unlicensed person for information leading to a listing 
: Is a violation o...
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NM Broker Basics Unit 1 License Law Questions And Answers 2024 Updated Quiz
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NM Broker Basics Unit 1 License Law Questions And Answers 2024 Updated Quiz 
 
NM Broker Basics Unit 1 License Law Questions And Answers 2024 Updated Quiz
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Professional Home Inspector Exam NHIE / TREC 100% Correct!!
- Exam (elaborations) • 43 pages • 2024
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The inspector is not required to determine ____ ___ of any system or component. - ANSWER -Years of age 
-Life expectancy 
-Make model 
 
Horizontal waste pipe should slope ____ inch per foot - ANSWER 1/4" per foot if < 3 inch pipe. 
1/8" per foot if > or = to 3 inch pipe 
 
Drip screed - ANSWER Also called weep screed. 
Used at the base/bottom of stucco walls to release moisture. 
 
Pressure Vacuum Breaker (PVB) - ANSWER Used for Backflow Prevention. 
Lawn Irrigation systems: installed v...
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NM Broker basics unit 2 quiz-brokerage relationships Questions and Answers
- Exam (elaborations) • 3 pages • 2024
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NM Broker basics unit 2 quiz-brokerage 
relationships Questions and Answers 
When acting as a property manager for a Principal, the brokerage relationship is which 
of the following? - Correct Answer ️️ -Exclusive agency 
Every licensee must meet disclosure requirements to any client. Disclosure must 
include which of the following? - Correct Answer ️️ -Disclosure of any conflict of 
interest, description of licensed broker duties, notice of an in-house transaction - all of 
these 
Which...
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New Mexico Broker Exam Questions and Answers
- Exam (elaborations) • 3 pages • 2024
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New Mexico Broker Exam Questions and Answers 
Which is FALSE regarding trade names? - Correct Answer ️️ -Associate broker must 
register a trade name 
Duties of broker not required? - Correct Answer ️️ -To attend closings 
What is not a broker relationship? - Correct Answer ️️ -Designated Agency 
Who regulates Septic systems in New Mexico - Correct Answer ️️ -New Mexico 
Environmental Improvement Department 
When is a Septic system required to be inspected and certified? - Correc...
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New Mexico Real Estate Bundled Exams Questions and Answers Already Passed
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New Mexico Real Estate Bundled Exams Questions and Answers Already Passed
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