New Mexico Statutes
Article 30 - Real Estate Appraisers
Section 61-30-14 - Issuance and renewal of registration, licenses and certificates. (Repealed effective July 1, 2024.)

A. The board shall issue to each qualified applicant evidence of registration, a license or a certificate in a form and size prescribed by the board.
B. The board in its discretion may renew registrations, licenses or certificates for periods of one, two or three years for the purpose of coordinating continuing education requirements with registration, license or certificate renewal requirements.
C. Each registration, license or certificate holder shall submit proof of compliance with continuing education requirements and the renewal fee.
D. Each application for renewal shall include payment of a registry fee set by the federal financial institutions examination council. The registry fee shall be transmitted by the board to the federal financial institutions examination council.
E. The board shall certify renewal of each registration, license or certificate in the absence of any reason or condition that might warrant the refusal of the renewal of a registration, license or certificate.
F. In the event that a registration, license or certificate holder fails to properly apply for renewal of the registration, license or certificate within the thirty days immediately following the registration, license or certificate renewal date of any given year, the registration, license or certificate shall expire thirty days following the renewal date.
G. The board may renew an expired registration upon application, payment of the current annual renewal fee, submission of proof of compliance with continuing education requirements and payment of a reinstatement fee in the amount not to exceed two hundred dollars ($200), in addition to any other fee permitted under the Real Estate Appraisers Act.
H. The board may renew an expired license or certificate upon application, payment of the current annual renewal fee, submission of proof of compliance with continuing education requirements and payment of the reinstatement fee, in addition to any other fee permitted under the Real Estate Appraisers Act; provided that the board may, in the board's discretion, treat the former certificate holder as a new applicant and further may require reexamination as a condition to reissuance of a certificate.
I. If during a period of one year from the date a registration, license or certificate expires, the registration, license or certificate holder is either absent from this state on active duty military service or is suffering from an illness or injury of such severity that the person is physically or mentally incapable of renewal of the registration, license or certificate, payment of the reinstatement fee and, in the case of a license or certificate holder, reexamination shall not be required by the board if, within three months of the person's permanent return to this state or sufficient recovery from illness or injury to allow the person to make an application, the person makes application to the board for renewal. A copy of the person's military orders or a certificate of the applicant's physician shall accompany the application.
J. The board may adopt additional requirements by rule for the issuance or renewal of registrations, licenses or certificates to maintain or upgrade real estate appraiser qualifications at a level no less than the recommendations of the appraiser qualifications board of the appraisal foundation or the requirements of the appraisal subcommittee.
History: Laws 1990, ch. 75, § 14; 1992, ch. 54, § 12; 1993, ch. 269, § 12; 1999, ch. 283, § 6; 2003, ch. 328, § 12; 2014, ch. 33, § 11.
Delayed repeals. — For delayed repeal of this section, see 61-30-24 NMSA 1978.
The 2014 amendment, effective May 21, 2014, changed provisions relating to payment of federal registry fees; and in Subsection D, at the beginning of the sentence, deleted "At the election of eligible holders of a registration, license, certificate who perform or seek to perform appraisals in federally related transactions under the federal real estate appraisal reform amendments", and deleted the former second sentence, which required the board to give notice of whether appraisers paid the federal registry fees and were eligible to perform in federally related transactions.
The 1999 amendment, effective June 18, 1999, substituted the language beginning "renewed every three years" for "subject to annual renewal on the last day of the registration, license or certificate holder's month of birth" at the end of Subsection B; assigned the Subsection C designation, and added the last sentence in that subsection; redesignated former Subsections C to H as Subsections D to I; substituted "triennially" for "annually" in Subsection D; and substituted "recommendations of the appraiser qualifications board of the appraisal foundation or the requirements of the appraisal subcommittee" for "appraiser qualifications board recommendations or appraisal subcommittee requirements" in Subsection I.
The 1993 amendment, effective June 18, 1993, substituted "board" for "commission" in two places in Subsections A and F, in the last sentence of Subsection B, in Subsections C and E, and in two places in the first sentence of Subection G, "or" for "and" preceding "certificate" in the second sentence of Subsection B, "registration" for "registered appraiser or" in Subsection D and the first sentence of Subsection G, "following" for "preceding" and "thirty days following" for "on" in Subsection D, and "in the board's" for "upon the advice and recommendation of the board, in its" in Subsection F; and added Subsection H.
The 1992 amendment, effective May 20, 1992, inserted "registration" or references to registration throughout the section; inserted "license or" in the third sentence in Subsection B, near the beginning of Subsection F, and near the middle of the first sentence in Subsection G; inserted "registered appraiser or" near the beginning of Subsections D and G; and made stylistic changes.