LD 1437
pg. 10
Page 9 of 14 An Act to Reorganize the Real Estate Appraisers Law Page 11 of 14
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LR 1023
Item 1

 
A.__An applicant who is licensed under the laws of a
jurisdiction that has a current reciprocal agreement with
the board may obtain a license upon such terms and
conditions as may be agreed upon through the reciprocal
agreement.

 
B.__An applicant who is licensed, in good standing, under
the laws of a jurisdiction that has not entered into a
reciprocal agreement with the board may qualify for
licensure by submitting evidence, satisfactory to the board,
that the applicant has met all of the qualifications for
licensure equivalent to those as set forth by this
subchapter for that level of licensure.

 
§14025.__License renewal

 
Licenses expire biennially on December 31st or on such other
date as the commissioner determines.__The board shall issue a
renewal license for each ensuing biennial period in the absence
of any reason or condition that might warrant the refusal of
granting a license, upon receipt of the written request of the
applicant, the biennial fee for the license and upon the
applicant presenting evidence of compliance with the requirements
of section 14027.__Licenses may be renewed up to 90 days after
the date of expiration upon payment of a late fee, as established
by board rule, in addition to the renewal fee.

 
The board shall deny a renewal license to any applicant whose
license has lapsed for more than 90 days, unless the applicant
satisfies the provisions governing new applicants under this
subchapter, except that the board may waive the education and
examination requirements for new applicants, if the renewal
application is received within 2 years from the date of that
expiration.

 
§14026.__Changes

 
The applicant shall report any change of address or name or
other material change in the conditions or qualifications set
forth in the original application no later than 10 days after the
change.__Upon proper application, the board's records must be
changed and a new license issued for the unexpired term of the
current license, if appropriate.

 
§14027.__Continuing education

 
As a prerequisite to renewal of a license, an applicant must
have completed the minimum hour requirements for continuing
education in programs or courses approved by the board and as set
by the appraiser qualification board.__For purposes of this
section, the board may establish, by rule, a core educational
requirement.


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