New Mexico Administrative Code

[RESERVED]

A holder of a general certificate may prepare appraisals on all real estate and may indicate that such appraisals are state certified. A. All certified general real estate appraisers must comply with the competency rule of the national uniform standards of professional practice (…

Regulation and Licensing Department - NM Real Estate Appraisers Board.

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.

These rules are promulgated pursuant to the Real Estate Appraisers Act, Section 61-30-1 to Section 61-30-24, NMSA 1978.

Permanent.

January 14, 2000, unless a later date is cited at the end of a section.

This part provides for a national examination on real estate appraisal as a requirement for licensure or certification and for a state examination on state law and rules as a requirement for registration, licensure or certification.

[RESERVED]

All candidates for licensure or certification must successfully complete the appraiser qualifications board endorsed uniform state certifications/licensing examination or its equivalent. A. The examination will be approved by the appraisal qualifications board of the appraisal fo…

Regulation and Licensing Department - NM Real Estate Appraisers Board.

A. A completed renewal application, accompanied by the required fee as defined in 16.62.12.8 NMAC and completion of 28 hours of continuing education, is required. Renewal applications may be submitted online or by mail, and must be completed, post-marked or delivered to the board…

A. The board assumes no responsibility for renewal applications not received by the licensee for any reason. It is the licensee's responsibility to make a timely request for the renewal form if one has not been received thirty days prior to license expiration. B. It is the sole r…

A. Twenty-eight hours as defined in 16.62.8.7 NMAC of continuing education in courses approved by the board, which must include the appraisal qualification board (AQB) approved seven-hour national uniform standards of professional appraisal practice (USPAP) update course, are req…

A license not renewed on the renewal date is expired.

An expired license may be reinstated within 30 days after expiration upon: A. submission of an application, B. payment of the required biennial renewal fee, C. proof of completion of all required continuing education hours that would have been required if the credential holder we…

A trainee, license or certificate holder shall report to the board in writing any change of mailing, physical business, and e-mail address. Failure to do so within 30 days is grounds for trainee, license or certificate suspension.

A. The process of analyzing, without altering, an appraisal report, except appraisal reviews as defined in the Definitions under Paragraph (5) of Subsection A of 16.62.1.7 NMAC of General Provisions AND The Uniform Standards of Professional Appraisal Practice, that is part of a r…

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.

These rules are promulgated pursuant to the Real Estate Appraisers Act, Section 61-30-1 to Section 61-30-24, NMSA 1978.

Permanent.

October 1, 1997, unless a later date is cited at the end of a section.

This part establishes guidelines for the issuance of initial licenses, provides requirements for license renewal and license expiration, licensee requirements and responsibilities, establishes continuing education requirements and guidelines for reinstatement of an expired licens…

[RESERVED]

Initial licenses expire on April 30 in the second year of licensure. No license will be issued for longer than 24 months . Applications for licensure are valid for one year from the date of receipt.

All licenses will expire every two years on April 30.

Regulation and Licensing Department - NM Real Estate Appraisers Board.

Is defined as any education process based on the geographical separation of student and instructor. A distance education course offered over the internet or other distance learning modality is acceptable to meet class hour requirements if: A. the course provides interaction; inte…

Courses approved for continuing education credit shall have significant intellectual or practical content and shall deal primarily with matters directly related to appraisal practice or to the ethical obligations of trainees, licensees and certificate holders. The primary objecti…

Twenty-eight hours of continuing education are required each biennial renewal period. Continuing education requirements for initial trainees, licenses and certificates issued for less than two full years are pro-rated as defined in 16.62.7.12 NMAC. A. Individuals must successfull…

The board will appoint an education advisory committee for the purpose of reviewing courses and sponsors of education. A. A committee approval shall go into effect immediately upon the committee's decision. B. The board maintains the ability to review all approvals or disapproval…

The board may approve individuals or organizations as course sponsors. Colleges and universities offering credit courses in real estate appraisal are also considered approved sponsors. A. Requests for approval must be made on board approved forms and include an outline and a code…

A. All real estate appraisal courses except the appraisal qualifications board (AQB) approved fifteen (15) hour and seven (7) hour national USPAP courses, must have prior approval by the board if they are to be approved for credit towards continuing education or qualifying educat…

The education advisory committee may approve continuing education credit on a one-on-one basis for courses that do not conform fully with 16.62.8.14 NMAC or 16.62.8.15 NMAC.

Instructors who are also certified and licensed may receive up to one-half of their continuing education requirement from instruction of appraisal courses or seminars. Credit for instructing any given course or seminar can only be awarded once during a continuing education cycle.

All trainees, licensed residential real estate appraisers, residential certified real estate appraisers, general certified real estate appraisers and temporary licensed or certified real estate appraisers.

These rules are promulgated pursuant to the Real Estate Appraisers Act, Section 61-30-1 to Section 61-30-24, NMSA 1978.

Permanent.

March 14, 2000, unless a later date is cited at the end of a section.

This part provides requirements for approval of educational courses for pre-trainee, pre-licensing, and pre-certification and continuing education credit. It establishes requirements for continuing education courses and sponsors. It establishes an education advisory committee to …

" Class Hours" for the purpose of fulfilling continuing education requirements includes approved courses offered over the internet or other distance learning modalities.

A. All coursework for original trainee registration, licensing and certification shall be given in 15-hour segments and have an examination administered at the end of the course. B. Successful completion of the examination is a requirement to submit the course for original traine…

All coursework for original trainee, licensing or certification shall be in courses closely related to real estate appraisal. The board will not accept an applicant's completion of a course of a kind, which is designed to prepare students for examination, commonly known as a "cra…

Regulation and Licensing Department - NM Real Estate Appraisers Board.

All trainees, licensed residential real estate appraisers, residential certified real estate appraisers, general certified real estate appraisers and temporary licensed or certified real estate appraisers.

These rules are promulgated pursuant to the Real Estate Appraisers Act, Section 61-30-1 to Section 61-30-24, NMSA 1978.

Permanent.

March 15, 2000, unless a later date is cited at the end of a section.

This part provides for the board office to issue a certificate of good standing, upon payment of a fee, certifying that an appraiser is duly licensed and not the subject of disciplinary action.