A. The Insurance Department shall charge and collect fees not to exceed the following:

1. Trainee Appraiser Certificate (annually)$300.00

2. State Licensed Appraiser Certificate (annually)$300.00

3. State Certified General Appraiser Certificate (annually)$300.00

4. State Certified Residential Appraiser Certificate (annually) $300.00

5. State Licensed Appraiser Examination$150.00

6. State Certified General Appraiser Examination$150.00

7. State Certified Residential Appraiser Examination$150.00

8. Reexamination Fee$150.00

9. Late Fee$50.00

10. Reinstatement Fee$50.00

11. Duplicate for Lost or Destroyed Certificate$5.00

12. Temporary Practice Fee Per Appraisal$50.00

13. Maximum Temporary Practice Fee Per Assignment$150.00

B. The Department shall charge and collect such fees as may be promulgated by administrative rule by the Real Estate Appraiser Board for the conduct of experience reviews required in the licensing process.

C. The Department shall charge and collect such fees as may be promulgated by administrative rule by the Real Estate Appraiser Board for review of submissions by course providers and instructors.

D. All state licensed, state certified residential, and state certified general appraisers shall be responsible for payment of all Federal Registry Fees. The Real Estate Appraiser Board shall promulgate rules to assist appraisers in meeting the requirements of the Appraisal Subcommittee of the Federal Financial Institutions Examination Council.

Added by Laws 1990, c. 327, § 9, emerg. eff. May 31, 1990. Amended by Laws 1991, c. 271, § 6, eff. Sept. 1, 1991; Laws 1992, c. 132, § 4, eff. Sept. 1, 1992; Laws 1994, c. 144, § 2, eff. Sept. 1, 1994; Laws 1996, c. 318, § 9, eff. July 1, 1996; Laws 2001, c. 280, § 4, eff. July 1, 2001; Laws 2006, c. 165, § 4, eff. Nov. 1, 2006; Laws 2012, c. 216, § 1, eff. July 1, 2012.