Statutes, Rules, and Rule Hearings
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Real Estate Commission: Statutes, Rules, and Rule Hearings
The New Mexico Real Estate Commission regulates those engaged in the business of real estate as a broker in New Mexico. The provisions of the real estate laws and commission rules are available below.
The text of our rules is available at the official site of the New Mexico Administrative Code (NMAC).
The text of our governing statute is available here.
NMSA Chapter 47: Article 8, New Mexico Owner Resident Relations Act
Links to Real Estate Commission Rules as of March 2025
- 16.61.1 General Provisions
- 16.61.2 License and Other Fees
- 16.61.3 Real Estate Broker’s License: Examination and Licensing Application Requirements
- 16.61.4 Salesperson’s License: Examination and Licensing Application Requirements [Repealed]
- 16.61.5 Errors and Omissions Insurance
- 16.61.6 Designation of a Qualifying Broker to Qualify a Real Estate Brokerage
- 16.61.8 License Transfer
- 16.61.9 License Inactivation and Reactivation
- 16.61.11 License Expiration and Renewal
- 16.61.12 License Suspension and Revocation
- 16.61.14 Education and Training Fund
- 16.61.15 Approval of Real Estate Courses, Sponsors, and Instructors
- 16.61.16 Qualifying Broker: Affiliation and Responsibilities
- 16.61.17 Associate Broker: Affiliation and Responsibilities
- 16.61.19 Broker Duties and Brokerage Relationships
- 16.61.20 Transaction Coordinator
- 16.61.21 Unlicensed Assistants
- 16.61.23 Trust Accounts
- 16.61.24 Property Management
- 16.61.25 Time Share Registration
- 16.61.26 Land Title Trust Fund Act
- 16.61.27 Foreign Brokers
- 16.61.29 Trade Name
- 16.61.30 Branch Office/Temporary Office [Repealed]
- 16.61.31 Signage
- 16.61.32 Real Estate Advertising
- 16.61.33 Document Execution and Delivery
- 16.61.35 Child Support Enforcement
- 16.61.36 Complaints and Investigations