New Mexico Real Estate License Exam Practice Flashcards

New Mexico Real Estate License Exam Practice Flashcards The responsibilities of the New Mexico Real Estate Commission do NOT include Regulating brokerage fees The governor of the State of New MexicoFills vacancies on the New Mexico Real Estate Commission for unexpired terms A broker's license can be revoked if the broker Fails to account for funds that belong to others The New Mexico Real Estate Commission may NOT impose Penalties for Code of Ethics violations Which of the following REQUIRES a real estate license?Sale of time-share units Paying a referral fee to an unlicensed person for information leading to a listing Is a violation of the license law