New Mexico Property manager licensing
Property manager licensing in New Mexico
Yes. Managing property for others or leasing or renting real estate for others for compensation is broker activity, and it is unlawful to act as a broker in New Mexico without a Real Estate Commission license (NMSA 1978, §§ 61-29-1, 61-29-2(A)(3)). Owners managing their own property and the owner's employees are exempt (§ 61-29-2(C)).
Verified Source: NMSA 1978, §§ 61-29-1, 61-29-2(A)(3), (A)(15), (C) · last checked 2026-10-23
Same topic in neighboring states
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