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, together with a late fee, renewal fee and filing fee as set under section 14012-A, within 2 years from the date of that expiration.

Sec. D-5. 32 MRSA §14027, as enacted by PL 1999, c. 185, §5, is repealed and the following enacted in its place:

§14027. Continuing education

1.__Requirement.__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.

2.__Program approval.__Each application for approval of a continuing education program or courses must be submitted according to the rules adopted by the board together with a required fee as set under section 14012-A.

Sec. D-6. 32 MRSA §14030, sub-§2, śC, as enacted by PL 1999, c. 185, §5, is amended to read:

C. Pass an examination administered approved by the board designed to test an individual's knowledge of the basic principles of land economics, real estate appraising, the Uniform Standards of Professional Appraisal Practice and the ethical rules to be observed by a real estate appraiser.

Sec. D-7. 32 MRSA §14031, sub-§2, śC, as enacted by PL 1999, c. 185, §5, is amended to read:

C. Pass an examination administered approved by the board designed to test an individual's knowledge of the basic principles of land economics, real estate appraising, the