N.M. Code R. § 16.61.2.8 - FEES
A. For each
examination, a fee not to exceed ninety-five dollars ($95.00).
B. For each broker's license issued, and for
each renewal thereof, a fee not to exceed two hundred seventy dollars
($270.00).
C. For each license
transferred, a fee not to exceed twenty dollars ($20.00). If there are eleven
or more affected licenses in the brokerage, the total transfer fee paid shall
not exceed two hundred dollars ($200.00).
D. For each duplicate license, where the
license is lost or destroyed and affidavit is made thereof, a fee not to exceed
twenty dollars ($20.00).
E. For
each license history, a fee not to exceed twenty-five dollars
($25.00).
F. For copying of
documents by the commission a fee not to exceed one dollar ($1.00) per
copy.
G. For each state of New
Mexico real estate license law and rules manual a fee not to exceed ten dollars
($10.00).
H. For each hard copy or
electronic list of licensed real estate brokers, a fee not to exceed fifty
dollars ($50.00).
I. For each
initial broker's license, and for the renewal thereof, a fee not to exceed ten
dollars ($10.00) shall be credited to the real estate recovery fund pursuant to
NMSA 1978 Section
61-29-22
if in the commission's judgment the assessment of such fee is necessary to
maintain the fund at its statutory minimum level.
J. For each application to the commission to
become an approved sponsor of real estate pre-licensing and continuing
education courses, a fee not to exceed five hundred dollars ($500.00) and for
each renewal thereof a fee not to exceed five hundred dollars
($500.00).
K. For each application
to the commission to become approved to instruct a currently approved
pre-licensing or continuing education course, a fee not to exceed seventy
dollars ($70.00) per course. For each application to the commission to renew
certification as a commission approved instructor of real estate pre-licensing
or continuing education courses, a fee not to exceed one hundred dollars
($100.00).
L. For each application
to the commission for approval of a new pre-licensing and continuing education
course, a fee not to exceed fifty dollars ($50.00) plus two dollars ($2.00) for
each credit hour up to a maximum of 10 credit hours. For applications to the
commission for bulk course approval, defined as five or more courses at a
single committee meeting, a reduced fee not to exceed twenty-five dollars
($25.00) per course plus one dollar ($1.00) for each credit hour up to a
maximum of 10 credit hours.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
A. For each examination, a fee not to exceed ninety-five dollars ($95.00).
B. For each broker's license issued, and for each renewal thereof, a fee not to exceed two hundred seventy dollars ($270.00).
C. For each license transferred, a fee not to exceed twenty dollars ($20.00). If there are eleven or more affected licenses in the brokerage, the total transfer fee paid shall not exceed two hundred dollars ($200.00).
D. For each duplicate license , where the license is lost or destroyed and affidavit is made thereof, a fee not to exceed twenty dollars ($20.00).
E. For each license history, a fee not to exceed twenty-five dollars ($25.00).
F. For copying of documents by the commission a fee not to exceed one dollar ($1.00) per copy.
G. For each state of New Mexico real estate license law and rules manual a fee not to exceed ten dollars ($10.00).
H. For each hard copy or electronic list of licensed real estate brokers, a fee not to exceed fifty dollars ($50.00).
I. For each initial broker's license , and for the renewal thereof, a fee not to exceed ten dollars ($10.00) shall be credited to the real estate recovery fund pursuant to NMSA 1978 Section 61-29-22 if in the commission's judgment the assessment of such fee is necessary to maintain the fund at its statutory minimum level.
J. For each application to the commission to become an approved sponsor of real estate pre-licensing and continuing education courses, a fee not to exceed five hundred dollars ($500.00) and for each renewal thereof a fee not to exceed five hundred dollars ($500.00).
K. For each application to the commission to become approved to instruct a currently approved pre-licensing or continuing education course, a fee not to exceed seventy dollars ($70.00) per course. For each application to the commission to renew certification as a commission approved instructor of real estate pre-licensing or continuing education courses, a fee not to exceed one hundred dollars ($100.00).
L. For each application to the commission for approval of a new pre-licensing and continuing education course, a fee not to exceed fifty dollars ($50.00) plus two dollars ($2.00) for each credit hour up to a maximum of 10 credit hours. For applications to the commission for bulk course approval, defined as five or more courses at a single committee meeting, a reduced fee not to exceed twenty-five dollars ($25.00) per course plus one dollar ($1.00) for each credit hour up to a maximum of 10 credit hours.