A Q&A guide to state laws and customs on brokerage laws relating to commercial real estate transactions in New Mexico. This Q&A addresses the state-specific guidance on several questions relating to brokerage laws and customs, including licensing requirements, legal restrictions on a broker's role in a real estate transaction, brokerage agreements, commission payments, and brokers' lien rights. This Q&A guide also provides guidance on any licensing requirements for managing commercial real estate. Answers to questions can be compared across a number of jurisdictions (see Commercial Real Estate Brokerage Laws and Customs: State Q&A Tool).