Section 61-30-6 – Repealed.
ANNOTATIONS Repeals. — Laws 1993, ch. 269, § 22 repealed 61-30-6 NMSA 1978, as amended by Laws 1992, ch. 54, § 4, concerning the powers and duties of the board, effective June 18, 1993. For provisions of former section, see the 1992 NMSA 1978 on NMOneSource.com.
Section 61-30-7 – Board; powers; duties. (Repealed effective July 1, 2024.)
The board shall: A. adopt rules necessary to implement the provisions of the Real Estate Appraisers Act; B. establish educational programs and research projects related to the appraisal of real estate; C. establish the administrative procedures for processing applications and issuing registrations, licenses and certificates to persons who qualify to be real estate appraiser trainees, […]
Section 61-30-8 – Board; organization; meetings. (Repealed effective July 1, 2024.)
A. The board shall organize by electing a chair and vice chair from among its members annually. A majority of the board shall constitute a quorum and may exercise all powers and duties established by the provisions of the Real Estate Appraisers Act. B. The board shall keep a record of its proceedings, a register […]
Section 61-30-9 – Reimbursement and expenses. (Repealed effective July 1, 2024.)
The board may appoint such committees of the board as may be necessary. A member of the board or a committee shall receive per diem and mileage as provided in the Per Diem and Mileage Act [10-8-1 to 10-8-8 NMSA 1978] and shall receive no other perquisite, compensation or allowance. Compensation for investigative contractors or […]
Section 61-29-27 – Subrogation.
When the commission makes any payment from the real estate recovery fund to a judgment creditor, the commission shall be subrogated to all rights of the judgment creditor for the amounts paid out of the fund and any amount and interest so recovered by the commission shall be deposited in the fund. The commission may, […]
Section 61-29-28 – Waiver.
The failure of any person to comply with all of the provisions of the Real Estate Recovery Fund Act [61-29-20 to 61-29-29 NMSA 1978] shall constitute a waiver of any rights pursuant to that act. History: Laws 1980, ch. 82, § 9. ANNOTATIONS
Section 61-29-29 – Disciplinary action not limited.
Nothing contained in the Real Estate Recovery Fund Act [61-29-20 to 61-29-29 NMSA 1978] shall limit the authority of the real estate commission to take disciplinary action against a licensee for a violation of any of the provisions of Section 61-29-12 NMSA 1978 or of the rules and regulations of the real estate commission, nor […]
Section 61-29A-1 to 61-29A-25 – Recompiled.
ANNOTATIONS Recompilations. — Former Chapter 61, Article 29A NMSA 1978, relating to Thanatopractice License Law, was recompiled as Chapter 61, Article 32 NMSA 1978 by the compiler in 1990 to alphabetize the article headings.
Section 61-30-1 – Short title. (Repealed effective July 1, 2024.)
Chapter 61, Article 30 NMSA 1978 may be cited as the “Real Estate Appraisers Act”. History: Laws 1990, ch. 75, § 1; 1992, ch. 54, § 1. ANNOTATIONS Delayed repeals. — For delayed repeal of this section, see 61-30-24 NMSA 1978. The 1992 amendment, effective May 20, 1992, substituted “Chapter 61, Article 30 NMSA 1978” […]
Section 61-30-2 – Purpose and legislative intent. (Repealed effective July 1, 2024.)
A. The purpose of the Real Estate Appraisers Act [Chapter 61, Article 30 NMSA 1978] is to provide a comprehensive body of law for the effective regulation and active supervision of the business of developing and communicating real estate appraisals in response to the federal Financial Institutions Examination Council Act of 1978, 12 U.S.C. 3301, […]