New Mexico Register / Volume XXXVII, Issue 5 / March 10, 2026

This is an amendment to 16.62.12 NMAC, Section 8, effective 03/10/2026.

16.62.12.8 FEES: All fees required under the Real Estate Appraiser Act or these regulations are non-refundable unless otherwise noted.

A. Application fee for a trainee is $200, which includes the initial trainee period.

B. Application fee for a licensed residential is $300, which includes the initial licensing period.

C. Application fee for residential certification is $300, which includes the initial licensing period.

D. Application fee for general certification is $400, which includes the initial licensing period.

E. The fee for all examinations will be paid directly to the company who provides the exam.

F. The biennial renewal fee for trainee appraisers is $200.

G. The biennial renewal fee for licensed residential appraisers is $300.

H. The biennial renewal fee for residential certified appraisers is $300.

I. The biennial renewal fee for general certified appraisers is $355.

J. The current fee for listing on the federal registry as charged by the appraisal subcommittee (ASC).

K. The application fee for a temporary practice permit is $200.

L. The fee for replacement of trainee, license or certificate is $50.

M. The fee for a certificate of good standing is $25.

N. Administrative reinstatement fee is $200 for Retired and Inactive Status.

O. Administrative late fee is $100.00 for Expired Status if renewed within 90 days of expiration.

P. Administrative fees as follows:

(1) approved continuing education course is $50;

(2) approval of continuing education sponsorship is $75;

(3) licensee list is $150;

(4) miscellaneous is $25 up to a max of $100;

Q. Administrative electronic application annual fee is $10.

R. The fee for a returned check is $35.

[2/29/96; 16.62.12.8 NMAC - Rn, 16 NMAC 62.12.8, 09/13/2004; A, 08/21/2010; A, 01/16/2011; A, 7/10/2011; A, 01/01/2015; A, 01/01/2015; A, 01/15/2017; A, 02/03/2019; A, 03/10/2026]