Prior to presenting an express written agreement, what MUST a broker disclose in writing?

Study for the New Mexico Real Estate Exam. Use flashcards and multiple-choice questions, each with hints and explanations. Prepare effectively for your exam!

The key aspect to understand in this scenario revolves around the necessity for a broker to disclose certain critical information before presenting an express written agreement. While it may seem important for a broker to provide their license number and county, the most crucial written disclosure required by law pertains to any material interest or relationship in the transaction.

This requirement is put in place to ensure that all parties involved in the real estate transaction are aware of any potential conflicts of interest that could arise from the broker's involvement. By disclosing any material interests, the broker maintains transparency and fosters trust among all parties. This aspect is vital in ensuring that the broker adheres to ethical practices and legal obligations.

While other options may involve relevant information that could be beneficial for clients, the disclosure of any material interest or relationship stands out as a fundamental requirement aimed at protecting the interests of the clients and preserving the integrity of the transaction process.

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