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Real Estate Salesperson Exam — National Portion

Supervision (NM): practice questions

Our Real Estate (National) bank has 7 questions on this topic. Here are 4 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · New Mexico

A qualifying broker must give guidance to a newly licensed broker through at least how many transactions?

  1. Six
  2. Three
  3. Twelve
  4. Ten
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A. Six — 16.61.16.9(H) NMAC.

Question 2 · New Mexico

Within their first year of licensure, active associate brokers must complete which course?

  1. New broker business practices or CCIM 101
  2. Qualifying broker refresher course
  3. Uniform Owner-Resident Relations Act
  4. The 30-hour brokerage office administration course
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A. New broker business practices or CCIM 101 — 16.61.17.9(A) NMAC.

Question 3 · New Mexico

Before releasing advertising not prepared by the brokerage, what must an associate broker do?

  1. File a copy with the commission at least ten days before release
  2. Add a disclaimer that the brokerage has not reviewed it
  3. Submit it to the qualifying broker for review and approval
  4. Have the property owner sign and date every page of it
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C. Submit it to the qualifying broker for review and approval — 16.61.17.9(R) NMAC; 16.61.16.9(I) NMAC.

Question 4 · New Mexico

Where is an associate broker's license kept while the broker is affiliated with a qualifying broker?

  1. With the associate broker, who must carry it to all showings and closings
  2. On file at the commission office in Albuquerque
  3. With the errors and omissions insurance carrier
  4. In the qualifying broker's custody, displayed at the brokerage
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D. In the qualifying broker's custody, displayed at the brokerage — NMSA 1978 61-29-11(B), (E).

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