New Mexico Administrative Code
Title 16 - OCCUPATIONAL AND PROFESSIONAL LICENSING
Chapter 62 - REAL ESTATE APPRAISERS
Part 18 - LICENSURE FOR MILITARY MEMBERS, SPOUSES AND VETERANS
Section 16.62.18.7 - DEFINITIONS

Universal Citation: 16 NM Admin Code 16.62.18.7

Current through Register Vol. 35, No. 18, September 24, 2024

A. "License" has the same meaning as defined in Paragraph (1) of Subsection F of Section 61-1-34 NMSA 1978.

B. "Licensing fee" has the same meaning as defined in Paragraph (2) of Subsection F of Section 61-1-34 NMSA 1978.

C. "Military service member" has the same meaning as defined in Paragraph (3) of Subsection F of Section 61-1-34 NMSA 1978.

D. "Substantially equivalent" means the determination by the board that the education, examination, and experience requirements contained in the statutes and rules of another jurisdiction are comparable to, or exceed the education, examination, and experience requirements of the Real Estate Appraisers Act.

E. "Veteran" has the same meaning as defined in Paragraph (4) of Subsection F of Section 61-1-34 NMSA 1978.

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