NM Broker Basics
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Terms in this set (15)
10 days Licensees have how many days to respond to a complaint by the Real Estate
Commission?
Title is said to pass in New Mexico when.... The deed has been signed by the grantor
Pay $250 in damages, pay attorney's fees and courts costs, and If a broker has not accounted for a security deposit within the required 30 days, and the
forfeit the security deposit tenant files suit, what could happen?
When may a licensee transferring offices start working for the When the transfer application is signed by the new qualifying broker; and the license,
new broker? proof of insurance, and fee are received by the Commission.
When must a property manager send a final accounting to the Within 60 days
property owners upon termination, cancellation, or expiration
of the management agreement?
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