A. Certified classification shall be granted only to persons who are deemed by the board to be of good repute and competent to render appraisals.
B. Each applicant for a state certified residential or general real estate appraiser classification shall have reached the age of majority.
C. Each applicant for a residential certificate as a state certified real estate appraiser shall have performed actively as a real estate appraiser and shall have additional experience and education requirements as established for the residential certification classification issued by the appraiser qualifications board of the appraisal foundation and adopted by rule pursuant to the Real Estate Appraisers Act.
D. Each applicant for a general certificate as a state certified real estate appraiser shall have performed actively as a real estate appraiser and have additional experience and education requirements as established for the general certification classification issued by the appraiser qualifications board of the appraisal foundation and adopted pursuant to the Real Estate Appraisers Act.
E. The board shall require such information as it deems necessary from every applicant to determine the applicant's honesty, trustworthiness and competency.
History: Laws 1990, ch. 75, § 12; 1992, ch. 54, § 10; 1993, ch. 269, § 10; 1999, ch. 283, § 5; 2003, ch. 328, § 10; 2014, ch. 33, § 9; 2021, ch. 70, § 15.
Delayed repeals. — For delayed repeal of this section, see 61-30-24 NMSA 1978.
The 2021 amendment, effective June 18, 2021, removed legal residency of the United States as a qualification for certified classification as a state certified residential or general real estate appraiser; and in Subsection B, after "classification shall", deleted "be a legal resident of the United States, except as otherwise provided in Section 61-30-20 NMSA 1978, and".
The 2014 amendment, effective May 21, 2014, provided qualifications for certified residential and general real estate appraisers; in the catchline, after "Qualifications for", deleted "certificate", and added "certified residential and general real estate appraisers"; in Subsection A, deleted "Certificates" and added "Certified classification"; and in Subsection B, after "Each applicant for a", deleted "certificate as a", after "state certified", deleted "residential or general", and after "real estate appraiser", added "classification".
The 2003 amendment, effective July 1, 2003, inserted "as a state certified real estate appraiser" following "for a certificate" near the beginning of Subsection B; added present Subsection C and redesignated former Subsection C as present Subsection D; added "additional experience and education requirements as established for the general certification classification issued by the appraiser qualifications board of the appraisal foundation and adopted by rule pursuant to the Real Estate Appraisers Act" at the end of present Subsection D; and deleted former Paragraphs C(1) through C(3) and former Subsection D, concerning required education and experience.
The 1999 amendment, effective June 18, 1999, substituted "thirty months" for "two years" in Subsection C(1), substituted "sixty-five classroom hours" for "fifty classroom hours" in Subsection C(2), substituted "two thousand five hundred hours" for "two thousand hours" in Subsection D(1), substituted "one hundred five classroom hours" for "ninety classroom hours" and "ninety classroom hour" for "seventy-five classroom hour" in Subsection D(2), and deleted former Subsection F, which required that holders of residential certificates issued before the effective date of this section shall have until July 1, 1993 to obtain additional education.
The 1993 amendment, effective June 18, 1993, substituted "board" for "commission" in Subsections A and E, and deleted "and commission" after "board" in the second sentence of Subsection F.
The 1992 amendment, effective May 20, 1992, in Subsection B, deleted "a bona fide resident of New Mexico" following "United States" and made a section reference substitution; in Subsection C, rewrote Paragraph (1), added the language beginning "which may include" to the end of Paragraph (2), and, in Paragraph (3), substituted "such additional experience and education requirements as may be established" for "the minimum criteria" and added "and adopted by regulation pursuant to the Real Estate Appraisers Act" to the end; in Subsection D, rewrote Paragraph (1), in Paragraph (2), substituted "ninety classroom hours" for "sixty classroom hours" near the beginning and added "which may include the seventy-five classroom hour requirement for the state licensed real estate appraiser" to the end, and rewrote Paragraph (3); and added Subsection F.
Structure New Mexico Statutes
Chapter 61 - Professional and Occupational Licenses
Article 30 - Real Estate Appraisers
Section 61-30-1 - Short title. (Repealed effective July 1, 2024.)
Section 61-30-2 - Purpose and legislative intent. (Repealed effective July 1, 2024.)
Section 61-30-3 - Definitions. (Repealed effective July 1, 2024.)
Section 61-30-4 - Administration; enforcement. (Repealed effective July 1, 2024.)
Section 61-30-5 - Real estate appraisers board created. (Repealed effective July 1, 2024.)
Section 61-30-5.1 - Temporary provision. (Repealed effective July 1, 2024.)
Section 61-30-7 - Board; powers; duties. (Repealed effective July 1, 2024.)
Section 61-30-8 - Board; organization; meetings. (Repealed effective July 1, 2024.)
Section 61-30-9 - Reimbursement and expenses. (Repealed effective July 1, 2024.)
Section 61-30-11 - Qualifications for license. (Repealed effective July 1, 2024.)
Section 61-30-15.1 - Criminal history background checks. (Repealed effective July 1, 2024.)
Section 61-30-17 - Fees. (Repealed effective July 1, 2024.)
Section 61-30-19 - Continuing education. (Repealed effective July 1, 2024.)
Section 61-30-20 - Nonresident applicants; reciprocity. (Repealed effective July 1, 2024.)
Section 61-30-21 - Temporary practice. (Repealed effective July 1, 2024.)
Section 61-30-24 - Termination of agency life; delayed repeal. (Repealed effective July 1, 2024.)