What is one of the sanctions the New Mexico Real Estate Commission can impose on licensees?

The New Mexico Real Estate Commission has the authority to impose various sanctions on real estate licensees as part of its regulatory function. Licensing is a privilege granted by the state, and the commission can refuse to issue a license or renew an existing one if a licensee does not meet the required standards or has engaged in misconduct. This option reflects a consequence directly tied to the regulatory oversight that the commission has to enforce professional standards within the real estate industry. License refusal helps maintain the integrity of the profession and ensures that only qualified individuals are allowed to operate as real estate agents or brokers in New Mexico.

The other mentioned measures, while potentially applicable in other contexts or states, do not represent the specific sanctions that the New Mexico Real Estate Commission would impose concerning licensing. Tax penalties and increased fees may be relevant in other regulatory or financial contexts, while mandatory training programs could be suggested or recommended but are not typically a direct sanction imposed by the commission for license violations.