Licensure; exemption.

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The provisions of Section 60-14-7 NMSA 1978 shall not apply to:

A. licensed real estate brokers or salesmen acting as agents for another person in the sale of real property on which is located one or more manufactured homes whose installation has been approved as provided in regulations of the committee; or

B. technicians working on weatherization projects that do not exceed a cost of three thousand five hundred dollars ($3,500) and that are administered by a state or federal agency.

History: 1953 Comp., § 67-41-8.1, enacted by Laws 1977, ch. 6, § 1; 1983, ch. 295, § 14; 1999, ch. 90, § 1.

ANNOTATIONS

The 1999 amendment, effective June 18, 1999, added the Subsection A designation, added Subsection B, and made a minor stylistic change.

When real estate broker must be licensed. — When a real estate broker or salesperson acts as the agent for another person in the sale, exchange, lease or purchase of a mobile housing unit which is not attached to real property he is no longer engaging in the real estate business as defined in the Real Estate Licensing Act. Rather, he is engaged in the business of acting as an agent for another in the sale of a mobile housing unit and must be licensed as a dealer under this article. 1982 Op. Att'y Gen. No. 82-12.

Am. Jur. 2d, A.L.R. and C.J.S. references. — 53 C.J.S. Licenses §§ 35, 36.


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