{"data":{"id":"us-nm/61-30-13","jurisdiction":"us-nm","citation":"61-30-13","heading":"Application for registration, license or certificate; examination. (Repealed effective July 1, 2030.)","body":"A. All applications for registrations, licenses or certificates shall be made to the board in writing, either in person or electronically, shall specify whether registration or a license or a certificate is being applied for by the applicant and, if a certificate, the classification of the certificate being applied for by the applicant and shall contain such data and information as may be required by the board.\nB. Each applicant for a license or a certificate shall demonstrate, by successfully passing a written examination, prepared by or under the supervision of the board, that the applicant possesses, consistent with licensure or the certification sought, the following:\n(1) an appropriate knowledge of technical terms commonly used in or related to real estate appraising, appraisal report writing and economic concepts applicable to real estate;\n(2) a basic understanding of real estate law;\n(3) an adequate knowledge of theory and techniques of real estate appraisal;\n(4) an understanding of the principles of land economics, real estate appraisal processes and problems likely to be encountered in the gathering, interpreting and processing of data in carrying out appraisal disciplines;\n(5) an understanding of the standards for the development and communication of real estate appraisals as provided in the Real Estate Appraisers Act;\n(6) knowledge of theories of depreciation, cost estimating, methods of capitalization and the mathematics of real estate appraisal that are appropriate for the classification of a certificate applied for by the applicant;\n(7) knowledge of other principles and procedures as may be appropriate for the respective classification; and\n(8) an understanding of the types of misconduct for which disciplinary proceedings may be initiated against a real estate appraiser trainee, a state licensed residential real estate appraiser or a state certified real estate appraiser as set forth in the Real Estate Appraisers Act.\nC. An applicant for a license or a certificate who fails to successfully complete the written examination may apply for a reexamination for a license or certificate upon compliance with such conditions as set forth in the rules adopted by the board pursuant to the provisions of the Real Estate Appraisers Act.","path":["Chapter 61 - Professional and Occupational Licenses","ARTICLE 30 Real Estate Appraisers"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18564/index.do","current_through":"2026-05-20","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"70178340832327be539ece9ef5ad811bbe215ad8789785ba87839c9fc59917f9","source_id":"us-nm","stale":false,"prev":"us-nm/61-30-12","next":"us-nm/61-30-14"},"notice":"GroundRules: Original legal text. Not legal advice."}