What can the New Mexico Real Estate Commission review during investigations?

The New Mexico Real Estate Commission has the authority to review records and contracts during their investigations. This is essential because these documents provide a clear, official account of real estate transactions, ensuring that they adhere to state laws and regulations. By examining contracts, the Commission can verify the details of transactions, such as the terms agreed upon by both parties, disclosure of material facts, and whether the transaction was executed properly according to legal standards.

Records also play a crucial role in assessing the compliance of real estate professionals with licensing laws and industry standards. They provide essential evidence in cases of alleged misconduct and help the Commission uphold the integrity of the real estate profession.

While personal bank statements, real estate market trends, and client testimonials may provide insights, they do not hold the same regulatory weight or relevance as official business records and contracts when it comes to the Commission's investigations. Personal financial information is typically private and not relevant unless tied directly to a violation. Market trends are general data and not specific to an individual's conduct, and testimonials, while useful for evaluating service quality, do not comprise official documentation required for regulatory compliance reviews.