What is the MAXIMUM fine the Commission may impose for violations?

The maximum fine that the Commission may impose for violations is based on a per violation basis, which means that each infraction can attract a separate fine. Therefore, with the correct answer indicating $1000 per violation, it reflects the regulatory framework that allows for multiple penalties when a party is found in violation of the rules.

This understanding is critical because it emphasizes the potential cumulative nature of fines, serving as a deterrent for repeated violations. The option that refers to a singular fine amount, like $1000 without the per violation qualifier, addresses only one instance and does not adequately capture how the Commission operates in imposing penalties for multiple infractions.

The options describing $1500, whether as a flat rate or per violation, do not represent the established maximum fine for this context, reinforcing the need for familiarity with the specific regulatory limits set by New Mexico's real estate regulations. It’s essential to be aware of both maximum fines and their applications to ensure compliance within the real estate profession.