Section 61-29-4.1 - Additional powers of commission; continuing education programs; minimum requirements. (Repealed effective July 1, 2012.) - New Mexico Statutes

61-29-4.1. Additional powers of commission; continuing education programs; minimum requirements.   (Repealed effective July 1, 2012.)

The commission shall adopt rules providing for continuing education courses in selling, leasing or managing residential, commercial and industrial property as well as courses in basic real estate law and practice, and other courses prescribed by the commission.  The regulations shall require that every licensee except licensees who are sixty-five years of age or older and who have a minimum of twenty years' continuously licensed experience in the selling, leasing or managing of real property, as a condition of his license renewal, shall successfully complete thirty classroom hours of instruction every three years in courses approved by the commission.  The rules may prescribe areas of specialty or expertise and may require that part of the classroom instruction be devoted to courses in the area of a licensee's specialty or expertise.