New mexico broker exam Study guides, Class notes & Summaries

New Mexico Broker Exam Questions and Answers 100% Pass Which is FALSE regarding trade names? Associate broker must register a trade name Duties of broker not required? To attend closings What is not a broker relationship? Designated Agency Who regulates Septic systems in New Mexico New Mexico Environmental Improvement Department When is a Septic system required to be inspected and certified? Not more than 180 prior to closing What is the time that transaction files must be...

New Mexico Broker Exam Questions And Answers With Latest Study Quiz New Mexico Broker Exam Questions And Answers With Latest Study Quiz

Which of the following Requires a real estate License? A. Sale of 20 lots in a subdivision by an employee. B. Three Week rental of condominium. C. Sale of time share units. D. Sale of more than 20 personally owned properties. - C. Sale of time -share units The New Mexico Real Estate Commission may not impose A. licensing Requirements. B. penalties for Code of Ethics violations. C. disciplinary penalties. D. a recovery fund assessment. - B. penalties for Code of Ethics The responsibilit...

Which is FALSE regarding trade names? : Associate broker must register a trade name Duties of broker not required? : To attend closings What is not a broker relationship? : Designated Agency Who regulates Septic systems in New Mexico : New Mexico Environmental Improvement Department When is a Septic system required to be inspected and certified? : Not more than 180 prior to closing What is the time that transaction files must be maintained, even if it does not close? : 6 years 2 | P ...

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...

New Mexico Broker Exam Questions And Answers With Latest Study Quiz New Mexico Broker Exam Questions And Answers With Latest Study Quiz

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 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...