If you quit one company to work for another, what happens to your 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!

When you leave one company to work for another in the context of manufactured home sales in New Mexico, your license is indeed transferred to your new employer. This process allows you to continue working in your profession without the need for retesting or other interruptions.

In most states, including New Mexico, the licensing authority allows the transfer of your license as long as your new employer is also licensed, thus ensuring that you can operate under the legal and regulatory framework established for manufactured home sales. This is beneficial as it helps with continuity in your career and encourages professionals to seek better opportunities without losing their credentials.

Inactive status would mean you cannot actively engage in sales until you reactivate your license, and automatic renewal does not apply since this usually involves specific criteria. The option that suggests your license would be thrown away and require retesting is also inaccurate, as there are processes in place to maintain your license validity during employment transitions.

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