N.M. Admin. Code § 16.62.7.10

Current through Register Vol. 35, No. 23, December 10, 2024

Section 16.62.7.10 - RENEWAL PROCESS

A. A completed renewal application, accompanied by the required fee as defined in 16.62.12.8 NMAC and completion of 28 hours of continuing education, is required. Renewal applications may be submitted online or by mail, and must be completed, post-marked or delivered to the board office on or before April 30 of the renewal year.

B. Deferrals may not be granted to credential holders, except in the case of individuals returning from active military duty. Licensees returning from active military duty may be placed in active status for a period of up to 90 days pending completion of all continuing education requirements.

C. The board shall audit a percentage of renewal applications each renewal period to verify the continuing education requirement has been met. The licensee must maintain proof in the form of certificates issued by the education providers (transcripts not acceptable) of continuing education courses taken for the past four years. The board reserves the right to audit a licensee's continuing education records as it deems necessary.

D. As part of the renewal process, applicants are required to attest that they have reviewed and are familiar with Real Estate Appraisers rules 16.62.1 NMAC through 16.62.18 NMAC.

N.M. Admin. Code § 16.62.7.10

10/1/97; 16.62.7.10 NMAC - Rn & A, 16 NMAC 62.7.10, 9/13/2004; A, 11/25/2006; A, 6/13/2008; A, 1/16/2011, 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