Any appraiser who wishes to retire from practice shall notify the board in writing prior to the expiration of trainee, license or certificate. The notice will be recorded in the minutes of the board. The appraiser shall be exempt from payment of the yearly renewal fees during the period of retirement.

1. A. No request for retirement status will be accepted if the appraiser is under investigation or facing disciplinary proceedings.
2. B. An appraiser does not have to meet an age requirement in order to request retirement status.

3. C. Licensees on retirement status will be reported to the national registry.

   [3/15/00; 16.62.15.8 NMAC - Rn & A, 16 NMAC 62.15.8, 09/13/2004; A, 01/01/2015]