Licensing and Certification of Real Estate AppraisersFees
Section § 11400
When you apply for something with the bureau, you need to pay the application fee right away. You can pay using a cashier's check, certified check, or money order. They might also let you use a personal check or credit card. Once they get your fee, they've earned it, and whether they give you a refund is up to them.
Section § 11401
This law states that the cost for taking a license exam, or retaking it, should not be more than what it costs to administer the exam, as determined by a competitive bid. Additionally, it allows the director to let applicants pay the exam fee directly to the organization providing the exam.
Section § 11404
If you want to get or renew a real estate appraiser license or an appraiser trainee license, the fee can be up to $450.
Section § 11405
This section sets the maximum fee for getting or renewing a state real estate appraiser certification at $525.
Section § 11406
This law requires that the director sets up rules to determine fees for approving basic and ongoing education courses and checking claims of equivalent experience or education. These fees must cover the bureau’s costs in processing these approvals and claims. Additionally, the director must also set fees for necessary study courses for license applicants, again ensuring that these fees cover the relevant costs.
Section § 11406.5
The director must create rules to set fees for appraisal management companies to ensure that the bureau can cover the costs of changes made by the law that introduced this section.
Section § 11407
The director has the authority to set lower fees than the maximum allowed if it's determined those fees will still cover the costs needed to manage this section of the law.
Section § 11408
If you want to get a professional license, you need to let the bureau know within a year after passing your exam, or you won't be eligible. Also, you have to pay both federal and state fees associated with getting or keeping your license.
Section § 11409
This section explains that if someone involved in real estate appraiser activities violates certain laws or regulations, they may be ordered to pay the costs related to investigating and prosecuting their case. If they don't pay these costs within 30 days, it becomes a civil judgment, meaning it's like a court-ordered debt. Not paying can lead to extra penalties, interest, and difficulties renewing licenses or registrations. The Bureau in charge can take further action if payments are late, and the costs can be included in settlements. Proof of the judgment is strong evidence of its validity, and no licenses or registrations will be renewed until all payments are made.