New Mexico broker basics final exam
Questions and Answers
associate brokers must register a trade name
Which of the following is false regarding trade names
attend closings
all of the following are broker duties except
Actively applying a brokers skill and expertise for the benefit of the client
the duty of honest and reasonable care means
New Mexico environmental improvement department
who regulates septic systems in New Mexico
prior to the transfer of ownership of the property interest
when is a septic system required to be inspected and certified
six years
how long must transaction files be maintained even if a deal does not close
it must be a conspicuous location near the entrance to the office
what is required of office signage
, brokerage name and the office phone number
all signs advertising property for sale must include which of the following
penalties for code of ethics violation
the real estate commission may not impose
10 days
licensees have how many days to RESPOND to a complaint by the real estate
commission
$1,000
the maximum fine that the commission may impose is
the motivation of their clients
brokers should not disclose which of the following
it covers fraud and misrepresentations
which of the following is false of E&O insurance by the state provider
prohibits discrimination due to sexual orientation
Questions and Answers
associate brokers must register a trade name
Which of the following is false regarding trade names
attend closings
all of the following are broker duties except
Actively applying a brokers skill and expertise for the benefit of the client
the duty of honest and reasonable care means
New Mexico environmental improvement department
who regulates septic systems in New Mexico
prior to the transfer of ownership of the property interest
when is a septic system required to be inspected and certified
six years
how long must transaction files be maintained even if a deal does not close
it must be a conspicuous location near the entrance to the office
what is required of office signage
, brokerage name and the office phone number
all signs advertising property for sale must include which of the following
penalties for code of ethics violation
the real estate commission may not impose
10 days
licensees have how many days to RESPOND to a complaint by the real estate
commission
$1,000
the maximum fine that the commission may impose is
the motivation of their clients
brokers should not disclose which of the following
it covers fraud and misrepresentations
which of the following is false of E&O insurance by the state provider
prohibits discrimination due to sexual orientation
