New Mexico Statutes
Article 29 - Real Estate Brokers and Salesmen
Section 61-29-28 - Waiver.

The failure of any person to comply with all of the provisions of the Real Estate Recovery Fund Act [61-29-20 to 61-29-29 NMSA 1978] shall constitute a waiver of any rights pursuant to that act.
History: Laws 1980, ch. 82, ยง 9.

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Structure New Mexico Statutes

New Mexico Statutes

Chapter 61 - Professional and Occupational Licenses

Article 29 - Real Estate Brokers and Salesmen

Section 61-29-1 - Prohibition.

Section 61-29-1.1 - Recompiled.

Section 61-29-2 - Definitions and exceptions.

Section 61-29-3 - Criminal offender's character evaluation.

Section 61-29-4 - Creation of commission; powers and duties.

Section 61-29-4.1 - Additional powers of commission; continuing education programs; minimum requirements.

Section 61-29-4.2 - Additional powers of the commission; professional liability insurance; minimum coverage.

Section 61-29-4.3 - Regulation and licensing department; administratively attached.

Section 61-29-4.4 - Additional powers of commission; fingerprinting and criminal history background checks.

Section 61-29-5 - Organization of commission.

Section 61-29-5.1 - Recompiled.

Section 61-29-6 - Meeting of the commission.

Section 61-29-7 - Reimbursement and expenses.

Section 61-29-8 - License fees; disposition.

Section 61-29-9 - Qualifications for license.

Section 61-29-10 - Application for license and examination.

Section 61-29-10.1 - Brokerage relationships; creation.

Section 61-29-10.2 - Licensee's duties; disclosure.

Section 61-29-10.3 - Repealed.

Section 61-29-11 - Issuance, renewal and surrender of licenses.

Section 61-29-12 - Refusal, suspension or revocation of license for causes enumerated.

Section 61-29-13 - Provision for hearing before suspension or revocation of license.

Section 61-29-14 - Repealed.

Section 61-29-15 - Maintenance of list of licensees.

Section 61-29-16 - Suit by qualifying or associate broker.

Section 61-29-16.1 - Foreign brokers; consent to service; referral fees.

Section 61-29-16.2 - Nonresident licensees; consent to service.

Section 61-29-17 - Penalty; injunctive relief.

Section 61-29-17.1 - Recompiled.

Section 61-29-17.2 - Unlicensed activity; civil penalty; administrative costs.

Section 61-29-18 - Interpretation of act.

Section 61-29-19 - Repealed.

Section 61-29-19.1 - Real estate education and training fund created; purpose; appropriation.

Section 61-29-20 - Short title.

Section 61-29-21 - Fund created.

Section 61-29-22 - Additional fees.

Section 61-29-23 - Judgment against qualifying or associate broker; petition; requirements; recovery limitations.

Section 61-29-24 - Commission; compromise.

Section 61-29-25 - Commission finding.

Section 61-29-26 - Insufficient funds.

Section 61-29-27 - Subrogation.

Section 61-29-28 - Waiver.

Section 61-29-29 - Disciplinary action not limited.