TITLE 16 OCCUPATIONAL AND PROFESSIONAL LICENSING

CHAPTER 62 REAL ESTATE APPRAISERS

PART 9 CERTIFICATE OF GOOD STANDING

16.62.9.1 ISSUING AGENCY: Regulation and Licensing Department - NM Real Estate Appraisers Board.

[3/15/00; 16.62.9.1 NMAC - Rn, 16 NMAC 62.9.1, 09/13/2004; A, 01/01/2015]

16.62.9.2 SCOPE: All trainees, licensed residential real estate appraisers, residential certified real estate appraisers, general certified real estate appraisers and temporary licensed or certified real estate appraisers.

[3/15/00; 16.62.9.2 NMAC - Rn & A, 16 NMAC 62.9.2, 09/13/2004; A, 01/01/2015; A, 02/03/2019]

16.62.9.3 STATUTORY AUTHORITY: These rules are promulgated pursuant to the Real Estate Appraisers Act, Section 61-30-1 to -24, NMSA 1978.

[3/15/00; 16.62.9.3 NMAC - Rn, 16 NMAC 62.9.3, 09/13/2004; A, 09/26/2023]

16.62.9.4 DURATION: Permanent.

[3/15/00; 16.62.9.4 NMAC - Rn, 16 NMAC 62.9.4, 09/13/2004]

16.62.9.5 EFFECTIVE DATE: March 15, 2000, unless a later date is cited at the end of a section.

[3/15/00; 16.62.9.5 NMAC - Rn & A, 16 NMAC 62.9.5, 09/13/2004]

16.62.9.6 OBJECTIVE: This part provides for the board office to issue a certificate of good standing, upon payment of a fee, certifying that an appraiser is duly licensed and not the subject of disciplinary action.

[3/15/00; 16.62.9.6 NMAC - Rn, 16 NMAC 62.9.6, 09/13/2004]

16.62.9.7 DEFINITIONS: [RESERVED]

16.62.9.8 CERTIFICATE OF GOOD STANDING/FEE: The board shall issue a certificate of good standing to any state trainee, licensed residential, or certified real estate appraiser who is currently or has been credentialed under the act by virtue of having met the following requirements.

A. The trainee, license, or certificate holder must pay the required fees in advance.

B. The applicant's appraiser trainee, license [or] and certificate must not be under suspension or revocation as a result of disciplinary action by the board, and the trainee, license and certificate holder must not be the subject of a pending notice of contemplated action issued by the board.

C. The certificate of good standing shall specify the current license status and license history of the applicant. Verification of license history and good standing may also be obtained from the national registry of real estate appraisers.

D. The applicant must submit a written or online request and pay a fee set by the board for issuance of the certificate of good standing.

[2/28/94; 3/15/00; 16.62.9.8 NMAC - Rn & A, 16 NMAC 62.9.8, 09/13/2004; A, 11/25/06; A, 01/01/2015; A, 02/03/2019; A, 09/26/2023]

HISTORY OF 16.62.9 NMAC:

Pre-NMAC History: The material in this part was derived from that previously filed with the State Records Center and Archives under:

REAB Rule 9, Certificate of Good Standing, filed 11/29/90.

Rule 10, Certificate of Good Standing/Fee; filed 4/6/93.

Rule 10, Certificate of Good Standing/Fee, filed 1/28/94.

History of Repealed Material: [RESERVED]

Other History:

Rule 10, Certificate of Good Standing/Fee (filed 1/28/94) was renumbered, reformatted and replaced by 16 NMAC 62.9, Certificate of Good Standing, effective 03/15/2000.

16 NMAC 62.9, Certificate of Good Standing (filed 02/28/2000) was renumbered, reformatted, amended, and replaced by 16.62.9 NMAC, Certificate of Good Standing, effective 09/13/2004.