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Section 47-14-1 - Short title. - Chapter 47, Article 14 NMSA 1978 may be cited as...
Section 47-14-2 - Definitions. - As used in the Appraisal Management Company Registration Act: A....
Section 47-14-3 - Registration required. - A. It is unlawful for a person, corporation, partnership, sole...
Section 47-14-3.1 - Bonding requirements. - A. In order to qualify for registration or renewal of...
Section 47-14-3.2 - Criminal background checks. - A. The board may adopt rules that provide for criminal...
Section 47-14-4 - Exemptions. - The Appraisal Management Company Registration Act is not applicable to:...
Section 47-14-5 - Forms. - An applicant for registration as an appraisal management company shall...
Section 47-14-6 - Expiration of license. - A registration granted by the board pursuant to the Appraisal...
Section 47-14-7 - Consent to service of process. - Each entity applying for registration as an appraisal management company...
Section 47-14-8 - Fee. - A. The board shall establish the fee for appraisal management...
Section 47-14-9 - Owner requirements. - A. An appraisal management company applying for registration may not...
Section 47-14-10 - Controlling person. - Each appraisal management company applying to the board for registration...
Section 47-14-11 - Controlling person requirements. - In order to serve as a controlling person of an...
Section 47-14-12 - Employee requirements. - A. Any employee of the appraisal management company, or any...
Section 47-14-13 - Requirements; liability. - A. An appraisal management company registered in this state pursuant...
Section 47-14-14 - Pre-engagement certification. - Each appraisal management company seeking to be registered in this...
Section 47-14-15 - Adherence to standards. - Each appraisal management company seeking to be registered in this...
Section 47-14-15.1 - Automated valuation models used to estimate collateral value for mortgage lending purposes. - A. Automated valuation models shall adhere to quality control standards...
Section 47-14-16 - Recordkeeping. - Each appraisal management company seeking to be registered shall certify...
Section 47-14-17 - Appraiser independence; prohibitions. - A. Appraisals shall be conducted independently and free from inappropriate...
Section 47-14-18 - Payment; limits; disclosure; nontaxable transaction certificate. - A. The fees paid to an appraiser for completion of...
Section 47-14-19 - Appraisal reports; alteration; use. - An appraisal management company shall not: A. alter, modify or...
Section 47-14-20 - Adjudication of disputes between an appraisal management company and an independent appraiser. - A. An appraisal management company shall not remove an appraiser...
Section 47-14-21 - Enforcement. - A. The board may censure an appraisal management company, conditionally...
Section 47-14-22 - Disciplinary hearings. - The board shall conduct adjudicatory proceedings in accordance with the...
Section 47-14-23 - Rulemaking authority. - The board may adopt rules that are reasonably necessary to...