ATTORNEYS & CONTRACTORS AS PROPERTY MANAGERS

HB 100 would exempt attorneys at law and contractors from New Mexico's property management licensing requirements when managing properties. Specifically, it removes the need for these professionals to comply with Chapter 61, Article 29 of the state's real estate laws, which normally govern property management services like leasing, tenant relations, and financial reporting. This change directly affects attorneys and contractors who manage properties for clients, allowing them to perform these services without obtaining a separate property management license. The bill focuses on clarifying regulatory exemptions rather than creating new requirements.