How many homes can an individual sell in a year without a license?

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Prepare for the New Mexico Manufactured Homes Salesperson Exam. Utilize flashcards and multiple choice questions with explanations to ensure success. Ace your test!

In New Mexico, an individual can sell a limited number of manufactured homes within a year without needing a real estate license. This number is set to ensure that those engaged in selling homes do so under regulatory oversight, maintaining consumer protection standards. Specifically, the law allows for the sale of one home per calendar year without a license. This provision is designed to accommodate individuals who may occasionally sell a property while not intending to operate as a full-time sales agent.

Selling more than one home would typically require the individual to obtain a professional license, reflecting a commitment to comply with the rules and standards governing real estate transactions. Therefore, the restriction on selling a single home without licensure reinforces the importance of professionalism and consumer protection in the real estate market.

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