New mexico Study guides, Class notes & Summaries

New Mexico Real Estate Broker Basics Practice Questions and Answers 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 a condominium C. Sale of time-share units D. Sale of more than 20 personally owned properties - Correct Answer ️️ -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 penalt...

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 of the following REQUIRES a real estate license? A. Sale of 20 lots in a subdivision by an employee B. Three-week rental of a 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 violations The respons...

None For The Road NM Questions and Answers Already Passed A driver whose BAC is lower than .08 cannot face DWI charges. False A life lost to DWI is estimated to cost society $840,000. False In 1994, the BAC limit was lowered to .08 in New Mexico. True Statistically, the first use of alcohol begins around the age of 11 in New Mexico. True A first-time DWI offense will result in license revocation, jail, fines, ignition interlock installed, and DWI school. (See DWI Penalties in ...

NEW MEXICO HISTORY CUM EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ Anasazi culture included __________________. a. Apache and Navajo peoples b. Cherokee and Cree peoples c. Basketmaker and Pueblo peoples d. Cheyenne and Crow peoples Correct Answer: C. Basketmaker and Pueblo peoples Early farmers included the _______________. a. Apaches c. Mogollon and Anasazi b. Navajo d. Cherokees Correct Answer: c. Mogollon and Anasazi Which of the following is true of ...

New Mexico History Chapter 3 100% Correct Conquistador A Spanish conqueror of the Americas Encomienda A grant of land made by Spain to a settler in the Americas, including the right to use Native Americans as laborers on it epidemic A widespread outbreak of an infectious disease. Small pox virus Disease that killed many Natives brought to the Americas by the Europeans. tribute (n.) something done or given to show thanks or respect; a payment Christopher Columbus He mistaken...

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State of New Mexico Real Estate Exam Questions and Answers A violation of real estate law or commission rules could be considered a fourth-degree felony, subject up to 18 months imprisonment and/or a $,5000 criminal fine. - Correct Answer ️️ -Exambple- would be unlicensed activity How long do licensee have to respond to a complaint by the Real Estate Commission? - Correct Answer ️️ -10 days If commission finds cause, what will they issue? - Correct Answer ️️ -Notice of Contem...

New Mexico Real Estate Law Exam Questions and Answers A broker is performing as a property manager and deposits rent into her operating account. This is an example of which of the following? - Correct Answer ️️ -The answer is COMMINGLING. Mixing a broker's money with a client's money is commingling (and illegal). A lessee has the greatest protection with a(n) - Correct Answer ️️ -The answer is ESTATE FOR YEARS. An estate for years locks the holder into the lease for a specific ...

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