New Mexico
Brokers Basics
Updated Actual
Exam Questions and
Correct Answers
If an associate broker employee or partner
violates license laws or commission rule the
1
,qualifying broker license could be revoked if
the qualifying broker
Had guilty knowledge of the violation
An unlicensed assistant may do which of the
following
Post an open house with her responsible
person present
Which of the following requires a real estate
license
The sale of timeshare units
2
,Associate brokers must complete how many
hours of continuing education for their
renewal
36
Qualifying brokers must complete how many
hours of continuing education for their
renewal
42
Under commission rules which of the
following is false of E&o insurance
It covers fraud and misrepresentation
3
, How many years must've Societe brokers be
licensed to upgrade to a supervising
qualifying broker license
4
Fingerprint results are valid for how long
21 days
What must an associate broker do within
their first year of obtaining a license
Complete the new broker business practice
course
4
Brokers Basics
Updated Actual
Exam Questions and
Correct Answers
If an associate broker employee or partner
violates license laws or commission rule the
1
,qualifying broker license could be revoked if
the qualifying broker
Had guilty knowledge of the violation
An unlicensed assistant may do which of the
following
Post an open house with her responsible
person present
Which of the following requires a real estate
license
The sale of timeshare units
2
,Associate brokers must complete how many
hours of continuing education for their
renewal
36
Qualifying brokers must complete how many
hours of continuing education for their
renewal
42
Under commission rules which of the
following is false of E&o insurance
It covers fraud and misrepresentation
3
, How many years must've Societe brokers be
licensed to upgrade to a supervising
qualifying broker license
4
Fingerprint results are valid for how long
21 days
What must an associate broker do within
their first year of obtaining a license
Complete the new broker business practice
course
4
