Fees; use of credit cards; appraisal subcommittee fund

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32-3607. Fees; use of credit cards; appraisal subcommittee fund

A. The deputy director shall charge and collect fees that are sufficient to fund the activities necessary to carry out this chapter. The fees include:

1. An application fee for licensure or certification of not more than $400.

2. An application fee for a resident temporary license or certificate of not more than $400.

3. An examination fee in an amount to be determined by the deputy director.

4. A fee for renewal of a license, certificate or resident temporary license or certificate of not more than $425.

5. A delinquent renewal fee in addition to the renewal fee of not more than $25.

6. A two-year national registry fee of not to exceed the actual cost of twice the current annual national registry fee for a state-licensed or state-certified appraiser.

7. A one-year national registry fee not to exceed the actual cost of the current annual national registry fee for appraisal management companies.

8. A nonresident temporary licensure or certification fee of not more than $150.

9. A course approval fee of not more than $500.

10. An application fee to be a registered trainee appraiser in an amount to be determined by the deputy director.

B. If the appraisal subcommittee raises the national registry fee during the second year of a biennial license or certificate, state-licensed and state-certified appraisers shall pay the additional national registry fee on demand by the deputy director. Failure to pay the additional fee within thirty days after notice by the deputy director subjects the license or certificate holder to a penalty of twice the amount owed but not to exceed $20. The deputy director shall not renew a license or certificate until all outstanding obligations of the license or certificate holder are paid.

C. Pursuant to section 35-142, subsection J, the deputy director may accept a credit card or debit card for the payment of fees established by this section. The deputy director may impose a convenience fee for payment made pursuant to this subsection in an amount to be determined by the deputy director.

D. The appraisal subcommittee fund is established consisting of national registry fee monies collected pursuant to this section. The department shall administer the fund. The department shall use the monies to promptly remit the national registry fees to the appraisal subcommittee for state-licensed appraisers, state-certified appraisers, registered appraisal management companies or appraisal management companies that operate as a subsidiary of a federally regulated financial institution.


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