Pass Your New Mexico Exam the First Time

New Mexico requires 90 hours of pre-licensing education. The exam tests unique topics like Native American land (trust land vs. fee land) and community property laws. Adobe construction and acequias (historic water rights) are regional specialties.

Questions

115

75 NAT / 40 STATE

To Pass

75%

86 / 115 TO PASS

Time Limit

3 Hrs

180 TOTAL MINUTES

Provider

PSI

NMREC

Pass your New Mexico Associate Broker or Qualifying Broker License

New Mexico’s acequia system gives local ditch associations veto power over water right transfers, and no other state in the country has this rule.

AI models trained on national real estate content have no way to generate correct questions for a legal structure that is unique to New Mexico. Generic platforms treat water rights as a western states topic and move on. New Mexico’s exam tests the specific procedural requirements of a centuries old irrigation system that no national curriculum was built to cover.

The License Professor is written by licensed New Mexico professionals who built questions around PSI state portion priorities. Every question on acequia water rights, community property requirements, and brokerage relationship forms is grounded in New Mexico statute.

Three Topics that Trip Up New Mexico Students Most

Community Property Law

New Mexico is one of only nine community property states, meaning both spouses own all marital assets equally — students confuse which property requires both signatures to convey and which is separate, a distinction that dominates the state portion.

Water Rights (Acequias)

New Mexico’s centuries-old acequia ditch system gives local governing boards veto power over water right transfers — written permission from the acequia association is required before any transfer, a rule found nowhere else in the country.

Adverse Possession

Unlike most states, New Mexico requires the adverse possessor to have paid all property taxes for the entire 10-year statutory period — miss that tax-payment element and you will miss every adverse possession question.

The New Mexico Real Estate License Professor includes specialized deep dives for each of these.

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Your Path to New Mexico Real Estate

Follow the progression from entry-level to advanced licensure.

1
Associate Broker
2
Qualifying Broker
1

Associate Broker License

Who is this for?

This license is ideal for experienced agents ready to take on more responsibility while working under a supervising broker To obtain a Associate Broker license, you must be sponsored by a licensed broker or brokerage firm.

Requirements

Age18+
ExperienceEntry-Level
SponsorshipRequired

Your Exam

Questions115
Time3h
Format75 Nat + 40 State
Passing Score Progress75%

You need 86 out of 115 questions correct to pass.

Renewal: Every 3 years • 36 CE hours required

To upgrade: 2 years experience, reach age 21, no sponsorship needed

2

Qualifying Broker License

Who is this for?

This license is ideal for experienced professionals who want to manage a brokerage office and supervise other agents

Requirements

Age21+
Experience2 years
SponsorshipNot needed

Your Exam

Questions125
Time3h
Format75 Nat + 50 State
Passing Score Progress75%

You need 94 out of 125 questions correct to pass.

Renewal: Every 3 years • 36 CE hours required