New Mexico Administrative Code
Title 16 - OCCUPATIONAL AND PROFESSIONAL LICENSING
Chapter 61 - REAL ESTATE BROKERS
Part 2 - LICENSE AND OTHER FEES
Section 16.61.2.8 - FEES

A. For each examination, a fee not to exceed ninety-five dollars ($95.00).

B. For each broker's license issued, and for each renewal thereof, a fee not to exceed two hundred seventy dollars ($270.00).

C. For each license transferred, a fee not to exceed twenty dollars ($20.00). If there are eleven or more affected licenses in the brokerage, the total transfer fee paid shall not exceed two hundred dollars ($200.00).

D. For each duplicate license, where the license is lost or destroyed and affidavit is made thereof, a fee not to exceed twenty dollars ($20.00).

E. For each license history, a fee not to exceed twenty-five dollars ($25.00).

F. For copying of documents by the commission a fee not to exceed one dollar ($1.00) per copy.

G. For each state of New Mexico real estate license law and rules manual a fee not to exceed ten dollars ($10.00).

H. For each hard copy or electronic list of licensed real estate brokers, a fee not to exceed fifty dollars ($50.00).

I. For each initial broker's license, and for the renewal thereof, a fee not to exceed ten dollars ($10.00) shall be credited to the real estate recovery fund pursuant to NMSA 1978 Section 61-29-22 if in the commission's judgment the assessment of such fee is necessary to maintain the fund at its statutory minimum level.

J. For each application to the commission to become an approved sponsor of real estate pre-licensing and continuing education courses, a fee not to exceed five hundred dollars ($500.00) and for each renewal thereof a fee not to exceed five hundred dollars ($500.00).

K. For each application to the commission to become approved to instruct a currently approved pre-licensing or continuing education course, a fee not to exceed seventy dollars ($70.00) per course. For each application to the commission to renew certification as a commission approved instructor of real estate pre-licensing or continuing education courses, a fee not to exceed one hundred dollars ($100.00).

L. For each application to the commission for approval of a new pre-licensing and continuing education course, a fee not to exceed fifty dollars ($50.00) plus two dollars ($2.00) for each credit hour up to a maximum of 10 credit hours. For applications to the commission for bulk course approval, defined as five or more courses at a single committee meeting, a reduced fee not to exceed twenty-five dollars ($25.00) per course plus one dollar ($1.00) for each credit hour up to a maximum of 10 credit hours.