NM Real Estate
New Mexico Real Estate License Exam
The New Mexico real estate licensing exam is administered by PSI for the New Mexico Real Estate Commission (NM Regulation and Licensing Department). The salesperson exam has 125 scored questions, split between a national portion (75 questions) and a New Mexico-specific state portion (50 questions), with 3 hours (2 hrs national + 1 hr state) allowed. Broker-only state: there is no 'salesperson' license. C3RT covers both the national content and New Mexico state law end to end, for salesperson and broker candidates.
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NM Real Estate Exam Overview
| Detail | Information |
|---|---|
| Full Name | New Mexico Real Estate License Exam |
| Governing Body | New Mexico Real Estate Commission (NM Regulation and Licensing Department) |
| Number of Questions | 125 |
| Time Limit | 3 hours (2 hrs national + 1 hr state) |
| Passing Score | 75% on each portion |
| Exam Fee | $95 (covers both portions) |
| Category | Real Estate |
| C3RT App Available On | iPhone, iPad, and Mac |
| Official Source | New Mexico Real Estate Commission (NM Regulation and Licensing Department) official website ↗ |
NM Real Estate Content Areas and Domains
| Domain / Content Area | Practice Qs |
|---|---|
| Property Ownership | , |
| Land Use Controls and Regulations | , |
| Valuation and Market Analysis | , |
| Financing | , |
| General Principles of Agency | , |
| Property Disclosures | , |
| Contracts | , |
| Practice of Real Estate | , |
| Real Estate Calculations | , |
| New Mexico Real Estate Law and Practice | 50 |
Practice question counts reflect the Real Estate License Exam Prep app content bank. Domain areas are sourced from the New Mexico Real Estate Commission (NM Regulation and Licensing Department) content outline.
Topics Covered
- ✓ Property ownership and land use
- ✓ Valuation and market analysis
- ✓ Financing
- ✓ General principles of agency
- ✓ Contracts
- ✓ Practice of real estate and disclosures
- ✓ Real estate calculations
- ✓ New Mexico real estate law and regulations
How C3RT Helps You Pass the NM Real Estate
Adaptive Practice
Questions adapt to your weak areas automatically so every study session on the NM Real Estate is time well spent.
Diagnostic Mocks
Full-length mock exams timed to the real NM Real Estate format with detailed score breakdowns by topic.
Mistake Bank
Every wrong answer is saved for targeted re-drill. The system resurfaces your mistakes until they stick.
Native on iOS & Mac
Built with SwiftUI, not a web wrapper. Instant load, offline support, hardware-speed rendering.
Sample NM Real Estate Practice Questions
Q1.Which situation could qualify for an exemption from the federal Fair Housing Act?
- An owner of a single family home selling it without a broker and without discriminatory advertisingCorrect
- A landlord using a broker to rent a unit in a fourplex the landlord occupies
- A religious organization restricting housing by race
- Any owner as long as the property is a single family home
The sale of a single family home by an owner is exempt only if no broker is used and no discriminatory advertising appears. Using a broker destroys the exemption, and no exemption ever permits racial discrimination.
Q2.The Americans with Disabilities Act primarily requires what with respect to real estate?
- Wheelchair ramps in all single family homes offered for sale
- Rent discounts for tenants with disabilities
- Removal of barriers in public accommodations and commercial facilities where readily achievableCorrect
- Elevators in every two story residential building
Title III of the ADA applies to public accommodations and commercial facilities, requiring readily achievable barrier removal and accessible design. Private single family homes are not covered by the ADA.
Q3.To qualify for a New Mexico real estate salesperson license, applicants must first complete how many hours of approved pre-license education?
- 45 hours
- 90 hoursCorrect
- 120 hours
- 180 hours
New Mexico requires 90 hours of approved pre-license education before a salesperson candidate can take the licensing exam.
NM Real Estate Frequently Asked Questions
What does NM Real Estate stand for?
NM Real Estate stands for New Mexico Real Estate License Exam. It is administered by New Mexico Real Estate Commission (NM Regulation and Licensing Department).
Who administers the NM Real Estate?
The New Mexico Real Estate License Exam (NM Real Estate) is administered by New Mexico Real Estate Commission (NM Regulation and Licensing Department). For official information, visit the New Mexico Real Estate Commission (NM Regulation and Licensing Department) website.
How many questions is the NM Real Estate?
The NM Real Estate consists of 125 questions. Candidates are given 3 hours (2 hrs national + 1 hr state) to complete the exam.
What is the passing score for the NM Real Estate?
The passing score for the NM Real Estate is 75% on each portion, as set by New Mexico Real Estate Commission (NM Regulation and Licensing Department). Scoring methodology and passing standards may be updated periodically. Always verify current requirements with the governing body.
How much does the NM Real Estate exam cost?
The NM Real Estate exam fee is $95 (covers both portions). This fee is set by New Mexico Real Estate Commission (NM Regulation and Licensing Department) and may vary by testing centre, region, or membership status. Additional fees for registration or rescheduling may apply.
How many questions are on the New Mexico real estate exam?
The New Mexico salesperson exam has 125 scored questions. It is split into a national portion (75 questions) and a New Mexico state portion (50 questions). You have 3 hours (2 hrs national + 1 hr state) to complete it.
What score do you need to pass the New Mexico real estate exam?
The passing standard is 75% on each portion. The exam fee is $95 (covers both portions).
How many hours of pre-license education does New Mexico require?
New Mexico requires 90 hours of approved pre-license education for salesperson candidates. Broker candidates need an additional 30 hours of broker education plus experience requirements.
Who administers the New Mexico real estate exam?
The exam is administered by PSI on behalf of the New Mexico Real Estate Commission (NM Regulation and Licensing Department).
How is the New Mexico broker exam different from the salesperson exam?
New Mexico is a broker-only state, so this is the entry-level exam: 125 scored questions (national and state sections timed separately, 120 and 60 minutes). Passing requires 75% national (60/80) and 76% state (38/50).
C3RT is a native iOS and macOS exam preparation platform covering the New Mexico Real Estate License Exam (NM Real Estate), a Real Estate certification, administered by New Mexico Real Estate Commission (NM Regulation and Licensing Department). C3RT is not affiliated with or endorsed by New Mexico Real Estate Commission (NM Regulation and Licensing Department). Certification names and trademarks are the property of their respective organisations. For official exam registration, eligibility requirements, and content outlines, visit the New Mexico Real Estate Commission (NM Regulation and Licensing Department) official website ↗ .