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Current as of January 01, 2024 | Updated by Findlaw Staff
A. Except as provided in Section 61-1-34 NMSA 1978, the board shall charge and collect the following fees not to exceed:
(1) an application fee for real estate appraiser trainee registration, two hundred dollars ($200);
(2) an application fee for a license or residential certification, four hundred dollars ($400);
(3) an application fee for general certification, five hundred dollars ($500);
(4) an examination fee for general and residential certification or license, two hundred dollars ($200);
(5) a registration renewal fee for a real estate appraiser trainee, two hundred fifty dollars ($250);
(6) a certificate renewal fee for residential certification, or license renewal, four hundred fifty dollars ($450);
(7) a certificate renewal fee for general certification, five hundred dollars ($500);
(8) the registry fee as required by the federal real estate appraisal reform amendments;
(9) for registration for temporary practice, two hundred dollars ($200), and an additional extension fee may be applied;
(10) for each duplicate registration, license or certificate issued because a registration, license or certificate is lost or destroyed and an affidavit as to its loss or destruction is made and filed, fifty dollars ($50.00); and
(11) fees to cover reasonable and necessary administrative expenses.
B. The board shall establish the fee for appraisal management company registration by rule to cover the cost of the administration of the Appraisal Management Company Registration Act, but in no case shall the fee be more than two thousand dollars ($2,000). Registration fees shall be credited to the appraiser fund pursuant to Section 61-30-18 NMSA 1978.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 61. Professional and Occupational Licenses § 61-30-17. Fees - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-61-professional-and-occupational-licenses/nm-st-sect-61-30-17/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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