1. A. Except as provided in Section 61-1-34 NMSA 1978, the board shall charge and collect the following fees not to exceed:

   1. (1) an application fee for real estate appraiser trainee registration, two hundred dollars ($200);
   2. (2) an application fee for a license or residential certification, four hundred dollars ($400);
   3. (3) an application fee for general certification, five hundred dollars ($500);
   4. (4) an examination fee for general and residential certification or license, two hundred dollars ($200);
   5. (5) a registration renewal fee for a real estate appraiser trainee, two hundred fifty dollars ($250);
   6. (6) a certificate renewal fee for residential certification, or license renewal, four hundred fifty dollars ($450);
   7. (7) a certificate renewal fee for general certification, five hundred dollars ($500);
   8. (8) the registry fee as required by the federal real estate appraisal reform amendments;
   9. (9) for registration for temporary practice, two hundred dollars ($200), and an additional extension fee may be applied;
   10. (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. (11) fees to cover reasonable and necessary administrative expenses.
2. 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 [Chapter 47, Article 14 NMSA 1978], 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.

History: Laws 1990, ch. 75, § 17; 1992, ch. 54, § 15; 1993, ch. 269, § 15; 1999, ch. 283, § 7; 2003, ch. 328, § 15; 2014, ch. 33, § 14; 2020, ch. 6, § 57.

ANNOTATIONS

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

The 2020 amendment, effective July 1, 2020, provided an exception to the licensure fee for qualified military service members, their spouses and dependent children, and for certain veterans; and in Subsection A, in the introductory clause, added "Except as provided in Section 61-1-34 NMSA 1978".

The 2014 amendment, effective May 21, 2014, established fees for appraiser trainees and appraisal management companies; in Subsection A, in Paragraph (1), after "fee for", added "real estate appraiser trainee"; in Subsection A, in Paragraph (5), after "renewal fee", added "for a real estate appraiser trainee"; in Subsection A, in Paragraph (9), after "two hundred dollars ($200)", added "and an additional extension fee may be applied"; and added Subsection B.

The 2003 amendment, effective July 1, 2003, substituted "two hundred dollars ($200)" for "in the amount of one hundred dollars ($100)" in Subsection A; substituted "four hundred dollars ($400)" for "in the amount of two hundred dollars ($200)" in Subsection B; substituted "five hundred dollars ($500)" for "in the amount of two hundred fifty dollars ($250)" in Subsection C; substituted "two hundred dollars ($200)" for "in the amount of one hundred dollars ($100)" in Subsection D; in Subsection E, deleted "triennial" following "a" near the beginning and substituted "two hundred fifty dollars ($250)" for "in the amount of one hundred fifty dollars ($150)"; in Subsection F, deleted "triennial" following "a" and substituted "four hundred fifty dollars ($450)" for "in the amount of three hundred dollars ($300)"; in Subsection G, deleted "triennial" following "a" and substituted "five hundred dollars ($500)" for "in the amount of four hundred fifty dollars ($450)"; substituted "two hundred dollars ($200)" for "in the amount of one hundred dollars ($100)" in Subsection I; and substituted "fifty dollars ($50.00)" for "a fee in the amount of twenty-five dollars ($25.00)" in Subsection J.

The 1999 amendment, effective June 18, 1999, substituted "in the amount of one hundred dollars" for "shall not exceed one hundred dollars" in Subsection A; substituted "certification or license" for "certification and license" in Subsections D and E; and changed the renewal fees in Subsections E to F to be triennial instead of annual.

The 1993 amendment, effective June 18, 1993, substituted "board" for "commission" and added "not to exceed" to the end, in the introductory language; rewrote Subsections A, E, and I; deleted former Subsection J, which read: "for registration for temporary practice, for each single appraisal assignment for more than one real property interest, the amount of one hundred dollars ($100); and"; redesignated former Subsection K as present Subsection J; inserted "registration" in Subsection J; and added present Subsection K, making a related grammatical change.

The 1992 amendment, effective May 20, 1992, substituted "registration" for "license" near the beginning of Subsection A and in Subsection E; made a section reference substitution in Subsection A; inserted "a license or" in Subsection B; inserted "and license" in Subsection D; and inserted "and license renewal" in Subsection E.