Current through Register Vol. 36, No. 1, January 14, 2025
Section 16.62.12.8 - FEES All fees required under the Real Estate Appraiser Act or these regulations are non-refundable unless otherwise noted.
A. Application fee for a trainee is $200, which includes the initial trainee period.B. Application fee for a licensed residential is $300, which includes the initial licensing period.C. Application fee for residential certification is $300, which includes the initial licensing period.D. Application fee for general certification is $400, which includes the initial licensing period.E. The fee for all examinations will be paid directly to the company who provides the exam.F. The biennial renewal fee for trainee appraisers is $200.G. The biennial renewal fee for licensed residential appraisers is $300.H. The biennial renewal fee for residential certified appraisers is $300.I. The biennial renewal fee for general certified appraisers is $355.J. The current fee for listing on the federal registry as charged by the appraisal subcommittee (ASC).K. The application fee for a temporary practice permit is $200.L. The fee for replacement of trainee, license or certificate is $50.M. The fee for a certificate of good standing is $25.N. Administrative reinstatement fee is $200 for Retired and Inactive Status.O. Administrative late fee is $100.00 for Expired Status if renewed within 90 days of expiration.P. Administrative fees as follows: (1) approved continuing education course is $50;(2) approval of continuing education sponsorship is $75;(3) licensee list is $150;(4) miscellaneous is $25 up to a max of $100.N.M. Admin. Code § 16.62.12.8
2/29/96; 16.62.12.8 NMAC - Rn, 16 NMAC 62.12.8, 9/13/2004; A, 8/21/2010; A, 1/16/2011; A, 7/10/2011, Amended by New Mexico Register, Volume XXV, Issue 23, December 15, 2014, eff. 1/1/2015, Amended by New Mexico Register, Volume XXVII, Issue 24, December 30, 2016, eff. 1/15/2017, Amended by New Mexico Register, Volume XXX, Issue 01, January 15, 2019, eff. 2/3/2019