New Mexico Register / Volume XXXIV,
Issue 14 / July 31, 2023
NOTICE OF PUBLIC RULE
HEARING AND BOARD MEETING
The
Regulation and Licensing Department (Department) in consultation with the New
Mexico Real Estate Appraiser Board (Board) will hold a rule hearing on Thursday,
August 31, 2023 at 9:00 a.m. pursuant to Subsection A
of Section 61-30-7, NMSA 1978, immediately followed by a Special meeting of the
Board to discuss and consider adoption of the proposed rules listed below. The rule hearing and subsequent Board meeting will
be held at the Regulation and Licensing Department, 5500 San Antonio Drive NE,
Albuquerque, NM 87109.
The
hearing and subsequent board meeting may also be accessed via Cisco Webex
Meetings by using the following link:
https://nmrld.webex.com/nmrld/j.php?MTID=m4f611ffbd19a65dfee93e52dc2bd2c98
Meeting Number: 2496
715 9640; Meeting password: vmWUPXkM639
Join by Phone: 1+
(415) 655-0002
The
purpose of the rule hearing is to receive public comments related to proposed
amendments, repeal, and/or replacement of the following rules that address
changes to:
16.62.1
NMAC
- General Provisions
16.62.2
NMAC – Application for Trainee
16.62.3
NMAC – Application for Licensed
Residential
16.62.4
NMAC
– Application for Residential Certificate
16.62.5
NMAC
– Application for General Certificate
16.62.6
NMAC
- Examinations
16.62.7
NMAC – Issuance/Renewal of Apprentice Registration/Licenses/Certificates
16.62.8 NMAC – Educational Programs/Continuing
Education
16.62.9 NMAC – Certificate of Good Standing
16.62.10
NMAC – Temporary Practice
16.62.11
NMAC – Application for Reciprocity
16.62.12
NMAC – Fees
16.62.13
NMAC – Disciplinary Proceedings
16.62.15
NMAC – Retirement and Reinstatement
16.62.16
NMAC – Advertising
16.62.17
NMAC – Unlicensed Practice/Penalties
16.65.2 NMAC – Registration Requirements
16.65.3 NMAC -
Application for Registration
16.65.4 NMAC - Discipline
16.65.5 NMAC -
Fees
On
July 31, 2023 copies of the proposed rules may be
obtained by going to the Boards and Commissions Division, Real Estate Appraiser
Board website at: https://www.rld.nm.gov/boards-and-commissions/individual-boards-and-commissions/real-estate-appraisers/statutes-rules-and-rule-hearings/
or by contacting the Board Administrator for the Board at (505) 222-9882.
The
Department and the Board will begin accepting public comments on the proposed rules
beginning July 31, 2023. Please submit
written comments on the proposed changes to Sarah McGeath, Board Administrator,
via electronic mail at: NM.REAB@rld.nm.gov, or by regular mail at 5500 San Antonio
Drive NE, Albuquerque, NM 87109 no later than August 31, 2023
8 a.m.
Written comments received during the
public comment period will be posted to the Board’s website page linked above. Any
person in attendance will be given the opportunity to present their comments at
the rule hearing.
An
individual with a disability who is in need of a
reader, amplifier, qualified sign language interpreter, or other form of
auxiliary aid or service to attend or participate in the hearing or the special
board meeting, please contact Sarah McGeath, Board Administrator (505) 222-9882
at least 7 days prior to the rule hearing and special board meeting. Public
documents, including the proposed rules, meeting agenda and minutes, can be
provided in various accessible formats.
Statutory
Authority: Subsection A of Section 61-30-7, NMSA 1978
Purpose of Proposed Rules:
The above
proposed rules by the Real Estate Appraisers’ Board at 16.62.1 through 16.62.17
NMAC govern the application requirements and process for licensure and
training, establish the continuing education requirements for licensees, and define
an ethics rule for licensees, and establish the requirements for reinstatement
of licensure for individual applicants and licensees.
The above
proposed rules by the Real Estate Appraisers’ Board at 16.65.1 through 16.65.5
NMAC govern the application requirements and process for registration for Real
Estate Appraisal Management Companies.
Summary of
Proposed Changes:
The proposed amendments to the rules
previously promulgated by the Real Estate Appraisers’ Board at 16.62.1 through
16.62.17 NMAC would amend the experience and training requirements for board
examination and licensure, amend the continuing education requirements for
licensees, would add a criminal background check for applicants, amend the
reinstatement requirements for licensees (16.62.7 NMAC only) and reciprocity
requirements for applicants (16.62.11 NMAC only). The proposed amendments would also allow for
online payment of fees by applicants and licensees. The proposed amendments also would amend the
statement of statutory authority in each current rule.
The
proposed amendments to the rules previously promulgated by the Real Estate
Appraisers’ Board at 16.65.1 through 16.65.5 NMAC would amend the application,
registration, and fee requirements for Real Estate Appraisal Management
Companies, and eliminate for such companies the costs of disciplinary
proceedings.