NMSA 61-30-16. Standards of professional appraisal practice; certificate of

Appraisal trainees, licensed residential appraisers, and certified appraisers must follow accepted appraisal and ethics standards; the board may issue a good-standing certificate for a fee.

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Jurisdiction: United States — New Mexico
Instrument: Act or statute
Version: Undated source snapshot
Language: en
Updated: 12 Jul 2026
Official source: View official record ↗

appraisal practice certificate of good standing ethical compliance

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61-30-16
NMSA 61-30-16. Standards of professional appraisal practice; certificate of
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AI-assisted research summary: Appraisal trainees, licensed residential appraisers, and certified appraisers must follow accepted appraisal and ethics standards; the board may issue a good-standing certificate for a fee.

61-30-16. Standards of professional appraisal practice; certificate of good standing. (Repealed effective July 1, 2030.) A. Each real estate appraiser trainee, state licensed residential real estate appraiser or state certified real estate appraiser shall comply with the generally accepted standards of professional appraisal practice and the generally accepted ethical rules to be observed by a real estate appraiser. The generally accepted standards of professional appraisal practice and professional ethics are currently evidenced by the uniform standards of professional appraisal practice. Real estate appraisals shall be written or oral appraisals and subject to appropriate review for compliance with the uniform standards of professional appraisal practice. The work file for an oral appraisal report shall be subject to appropriate review for compliance with the uniform standards of professional appraisal practice. B. The board, upon payment of a fee in an amount specified in its regulations, may issue a certificate of good standing to any state registered, licensed or certified real estate appraiser who is in good standing under the Real Estate Appraisers Act. History: Laws 1990, ch. 75, § 16; 1992, ch. 54, § 14; 1993, ch. 269, § 14; 2003, ch. 328, § 14; 2014, ch. 33, § 13.

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NMSA 61-30-16. Standards of professional appraisal practice; certificate of

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