New Mexico Administrative Code
Title 16 - OCCUPATIONAL AND PROFESSIONAL LICENSING
Chapter 65 - REAL ESTATE APPRAISAL MANAGEMENT COMPANIES
Part 3 - APPLICATION FOR REGISTRATION
Section 16.65.3.10 - RENEWAL PROCESS

Universal Citation: 16 NM Admin Code 16.65.3.10

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

Incomplete applications will be returned to the applicant for supplementation of necessary documentation. All AMC's shall submit a renewal form on or before their expiration date.

A. Renewals shall submit proof that the EIC has successfully completed an AQB approved seven hour USPAP course.

B. Registrations shall be renewed on-line. If on-line renewal is a hardship the registrant must contact the board office and request an official renewal form.

C. On-line renewal must be completed on or before the expiration date. Completed renewal forms must be post-marked or delivered to the board office on or before the expiration date.

D. It is the registrant's responsibility to renew on or before the expiration date.

E. Incomplete renewal forms will be returned to the registrant. Returned renewal forms not completed and returned to the board office on or before the expiration date will be considered late and the registrant must pay a late fee.

F. Ten percent of all renewals will be audited and must submit all documentation requested by the board.

G. The board will register the AMC renewal with the ASC on their federal registry and pay the fee as collected during the renewal process.

Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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