As used in the Commercial Real Estate Broker Lien Act:

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A. “broker” means a person licensed as a qualifying broker under the provisions of N.M. Stat. Ann. Chapter 61, Article 29; and

B. “commercial real estate” means any real estate other than:

(1)     real estate on which no buildings or structures are located and that is zoned for single-family residential use; or

(2)     real estate containing one or more single-family residential units, including apartments, condominiums, town houses or homes in a subdivision when sold, leased or otherwise conveyed on a unit-by-unit basis.