1. A. Registration as a real estate appraiser trainee shall be granted only to persons who are deemed by the board to be of good repute and competent to render appraisals.
2. B. Each applicant for registration as a real estate appraiser trainee shall have reached the age of majority.
3. C. Each applicant for registration as a real estate appraiser trainee shall meet the education requirements as established for the real estate appraiser trainee classification issued by the appraiser qualifications board of the appraisal foundation and adopted by rule pursuant to the Real Estate Appraisers Act.
4. D. The board shall require such information as it deems necessary from every applicant to determine the applicant's honesty, trustworthiness and competency.

History: 1978 Comp., § 61-30-10.1, enacted by Laws 1992, ch. 54, § 8; 1993, ch. 269, § 8; 1999, ch. 283, § 3; 2003, ch. 328, § 8; 2014, ch. 33, § 7; 2021, ch. 70, § 13.

ANNOTATIONS

Delayed repeals. — For delayed repeal of this section, see 61-30-24 NMSA 1978.

The 2021 amendment, effective June 18, 2021, removed legal residency of the United States as a requirement for registration as a real estate appraiser trainee; and in Subsection B, after "trainee shall", deleted "be a legal resident of the United States, except as otherwise provided in Section 61-30-20 NMSA 1978, and".

The 2014 amendment, effective May 21, 2014, provided qualifications for appraiser trainees; in the catchline, after "qualification for", deleted "state apprentice", and after "real estate", deleted "appraisers" and added "appraiser trainee"; in Subsection A, after "Registration as a", deleted "state apprentice", and after "real estate appraiser", added "trainee"; in Subsection B, after "registration as a", deleted "state apprentice", and after "real estate appraiser", added "trainee"; and in Subsection C, after "registration as a", deleted "state apprentice", after "real estate appraiser", added "trainee", after "trainee shall", deleted "have" and added "meet", and after "established for the", deleted "apprentice" and added "real estate appraiser trainee".

The 2003 amendment, effective July 1, 2003, substituted "state apprentice real estate appraisers" for "registration" in the section heading; inserted "as a state apprentice real estate appraiser" following "Registration" near the beginning of Subsection A; inserted "as a state apprentice real estate appraiser" following "registration" near the beginning of Subsection B; substituted "apprentice" for "registered" following "registration as a state" near the middle of Subsection C; deleted former Paragraph C(1), concerning hours of instruction; and substituted "the" for "(2) additional experience and" at the beginning of former Subsection C(2) and deleted "registered" preceding "apprentice" near the middle of this paragraph.

The 1999 amendment, effective June 18, 1999, substituted "seventy-five classroom hours" for "sixty classroom hours" in Subsection C(1), and rewrote Subsection C(2) which formerly read "such equivalent education in an activity closely related to or associated with real estate appraisal as the board determines by regulation".

The 1993 amendment, effective June 18, 1993, substituted "board" for "commission" in Subsections A, C(2), and D.