54,212 sections across 3,422 New Mexico regulatory chapters.
R.16.62.17-16.62.17.1 ISSUING AGENCY
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Regulation and Licensing Department - NM Real Estate Appraisers Board.
R.16.62.17-16.62.17.10 PROSECUTION
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The attorney general or appropriate district attorney may, with the board's recommendation, prosecute or seek to enjoin the unlicensed activities.
R.16.62.17-16.62.17.2 SCOPE
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All trainee real estate appraisers, licensed residential real estate appraisers, residential certified real estate appraisers, general certified real estate appraisers, temporary licensed or certified real estate appraisers and members of the general public.
R.16.62.17-16.62.17.3 STATUTORY AUTHORITY
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These rules are promulgated pursuant to the Real Estate Appraisers Act, Section 61-30-1 to Section 61-30-24, NMSA 1978.
R.16.62.17-16.62.17.4 DURATION
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Permanent.
R.16.62.17-16.62.17.5 EFFECTIVE DATE
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March 15, 2000, unless a later date is cited at the end of a section.
R.16.62.17-16.62.17.6 OBJECTIVE
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This part provides for prosecution of unlicensed appraisal activity.
R.16.62.17-16.62.17.7 DEFINITIONS
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[RESERVED]
R.16.62.17-16.62.17.8 PROHIBITION
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Any person who violates the New Mexico Real Estate Appraisers Act is guilty of a misdemeanor and shall pay a fine of not more than $500 or be imprisoned for not more than six months.
R.16.62.17-16.62.17.9 HISTORY CONSIDERED
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An applicant's appraiser history, including any unlicensed practice, shall be considered by the board in determining whether to grant or renew a license or certificate.
R.16.62.18-16.62.18.1 ISSUING AGENCY
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New Mexico Regulation and Licensing Department.
R.16.62.18-16.62.18.2 SCOPE
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The purpose of this part is to expedite licensure for military service members, their spouses, their dependent children and for veterans pursuant to 61-1-34 NMSA 1978.
R.16.62.18-16.62.18.3 STATUTORY AUTHORITY
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These rules are promulgated pursuant to Section 61-1-34 of the Uniform Licensing Act, NMSA 1978, Section 61-1-1 to 34 (1957, as amended through 2013) and the Real Estate Appraisers Act, Sections 61-30-1 to 24 NMSA 1978.
R.16.62.18-16.62.18.4 DURATION
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Permanent.
R.16.62.18-16.62.18.5 EFFECTIVE DATE
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January 1, 2015, unless a later date is cited at the end of a section.
R.16.62.18-16.62.18.6 OBJECTIVE
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The purpose of this part is to expedite licensure for military service members, spouses and veterans pursuant to Chapter 61, Article 30 NMSA 1978.
R.16.62.18-16.62.18.7 DEFINITIONS
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A. "License" has the same meaning as defined in Paragraph (1) of Subsection F of Section 61-1-34 NMSA 1978. B. "Licensing fee" has the same meaning as defined in Paragraph (2) of Subsection F of Section 61-1-34 NMSA 1978. C. "Military service member" has the same meaning as defin…
R.16.62.18-16.62.18.8 APPLICATION REQUIREMENTS
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A. Applications for registration shall be completed on a form provided by the board. B. The applicant shall provide a complete application that includes the following information: (1) applicant's full name; (2) current mailing address; (3) current electronic mail address, if any:…
R.16.62.18-16.62.18.9 RENEWAL REQUIREMENTS
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A. A license issued pursuant to this section shall not be renewed unless the license holder satisfies the requirements for renewal set forth in 16.62.7 NMAC pursuant to Chapter 61, Article 30 NMSA 1978. B. As a courtesy, the board, will send via electronic mail license renewal no…
R.16.62.2-16.62.2.1 ISSUING AGENCY
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Regulation and Licensing Department, NM Real Estate Appraisers Board.
R.16.62.2-16.62.2.2 SCOPE
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All trainee real estate appraisers, licensed residential real estate appraisers, residential certified real estate appraisers, general certified real estate appraisers and temporary licensed or certified real estate appraisers.
R.16.62.2-16.62.2.3 STATUTORY AUTHORITY
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These rules are promulgated pursuant to the Real Estate Appraisers Act, Section 61-30-1 to Section 61-30-24, NMSA 1978.
R.16.62.2-16.62.2.4 DURATION
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Permanent.
R.16.62.2-16.62.2.5 EFFECTIVE DATE
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January 14, 2000, unless a later date is cited at the end of a section.
R.16.62.2-16.62.2.6 OBJECTIVE
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This part provides requirements for making application for apprenticeship as a real estate appraiser trainee.
R.16.62.2-16.62.2.7 DEFINITIONS
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Prior to 09/13/2004, all "apprentice real estate appraisers" were designated as "registered real estate appraisers". After 01/01/2015, all "apprentice real estate appraisers" were designated "trainee real estate appraisers".
R.16.62.2-16.62.2.8 TRAINEE
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A holder of a trainee registration, but not a license or certificate, is authorized to prepare appraisals of all types of real estate or real property, provided such appraisals are not described or referred to as "state licensed" or "state certified" and provided further, the tra…
R.16.62.2-16.62.2.9 SUPERVISING APPRAISER/TRAINEE
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A. Supervision of trainees: An appraiser may engage a declared trainee to assist in the performance of real estate appraisals and related activities, provided the supervising real estate appraiser:(1) has been state certified and in good standing for a period of at least three ye…
R.16.62.3-16.62.3.1 ISSUING AGENCY
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Regulation and Licensing Department - NM Real Estate Appraisers Board.
R.16.62.3-16.62.3.2 SCOPE
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All trainee real estate appraisers, licensed residential real estate appraisers, residential certified real estate appraisers, general certified real estate appraisers and temporary licensed or certified real estate appraisers.
R.16.62.3-16.62.3.3 STATUTORY AUTHORITY
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These rules are promulgated pursuant to the Real Estate Appraisers Act, Section 61-30-1 to Section 61-30-24, NMSA 1978.
R.16.62.3-16.62.3.4 DURATION
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Permanent.
R.16.62.3-16.62.3.5 EFFECTIVE DATE
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October 1, 1997, unless a later date is cited at the end of a section.
R.16.62.3-16.62.3.6 OBJECTIVE
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This part provides requirements for making application for licensure as a real estate appraiser.
R.16.62.3-16.62.3.7 DEFINITIONS
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[RESERVED]
R.16.62.3-16.62.3.8 LICENSED RESIDENTIAL
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Licensed Residential real estate appraisers may appraise complex residential or nonresidential real estate provided such appraisals are not described or referred to as meeting the requirements of FIRREA. Licensed Residential real estate appraisers may not assume or use any title,…
R.16.62.4-16.62.4.1 ISSUING AGENCY
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Regulation and Licensing Department - NM Real Estate Appraisers Board.
R.16.62.4-16.62.4.2 SCOPE
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All trainee real estate appraisers, licensed residential real estate appraisers, residential certified real estate appraisers, general certified real estate appraisers and temporary licensed or certified real estate appraisers.
R.16.62.4-16.62.4.3 STATUTORY AUTHORITY
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These rules are promulgated pursuant to the Real Estate Appraisers Act, Section 61-30-1 to Section 61-30-24, NMSA 1978.
R.16.62.4-16.62.4.4 DURATION
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Permanent.
R.16.62.4-16.62.4.5 EFFECTIVE DATE
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October 1, 1997, unless a later date is cited at the end of a section.
R.16.62.4-16.62.4.6 OBJECTIVE
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This provides requirements for making application for certification as a residential certified real estate appraiser.
R.16.62.4-16.62.4.7 DEFINITIONS
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[RESERVED]
R.16.62.4-16.62.4.8 RESIDENTIAL CERTIFICATION
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A holder of a residential certificate is eligible to prepare appraisals of all residential real estate for federally related transactions or other uses. He/she may appraise nonresidential real estate provided such appraisals are not described or referred to as meeting the require…
R.16.62.5-16.62.5.1 ISSUING AGENCY
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Regulation and Licensing Department - NM Real Estate Appraisers Board.
R.16.62.5-16.62.5.2 SCOPE
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All trainee real estate appraisers, licensed residential real estate appraisers, residential certified real estate appraisers, general certified real estate appraisers and temporary licensed or certified real estate appraisers.
R.16.62.5-16.62.5.3 STATUTORY AUTHORITY
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These rules are promulgated pursuant to the Real Estate Appraisers Act, Section 61-30-1 to Section 61-30-24, NMSA 1978.
R.16.62.5-16.62.5.4 DURATION
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Permanent.
R.16.62.5-16.62.5.5 EFFECTIVE DATE
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October 1, 1997, unless a later date is cited at the end of a section.
R.16.62.5-16.62.5.6 OBJECTIVE
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This provides requirements for making application for certification as a general certified real estate appraiser.