Which two criteria exempt licensees from continuing education requirements in New Mexico?

In New Mexico, licensees are exempt from continuing education requirements if they reach the age of 65 and have maintained a real estate license for 20 years continuously. This provision recognizes the substantial commitment and experience those individuals have within the real estate profession, allowing them an exemption from the typical continuing education mandate that applies to licensees.

The focus on age and years of continuous licensure ensures that seasoned professionals are acknowledged for their extensive expertise and stable contribution to the field, while still maintaining the standards of knowledge and practice that the real estate commission expects from active licensees. Therefore, reaching the designated age with the requisite amount of experience qualifies these individuals for the exemption, reflecting both their maturity in the profession and their extensive experience.

It’s important to understand that while there are various criteria discussed, the specific combination of age and years of licensure aligns with the state's mission to support experienced brokers while balancing the need for ongoing education for the majority within the industry.