NM Real Estate Commission: Rules and Laws
Kills License Number Display Proposal
The Real Estate Commission adopted a wide range of rule changes on June 20, 2016 highlighted by new advertising requirements for associate brokers and associate broker teams, and delineation of broker duties owed to customers and clients, tenants, and other brokers.
The Commission voted to not adopt a proposed change that would have required brokers to display their license numbers on all forms of advertising. However, the Commission did adopt a new rule requiring that the qualifying broker’s contact information, including license number, be clearly and conspicuously displayed on any written document generated by the brokerage.
For more details, click here: Commission Adopts Rules on Advertising, Broker Duties