Ala. Admin. Code r. 780-X-12-.01

Current through Register Vol. 43, No. 02, November 27, 2024

Section 780-X-12-.01 - Expirations And Renewals

Stipulations with reference to expiration and renewal of licenses and certifications and the prerequisite to renewal of continuing education are set out in Code of Ala. 1975, §§ 34-27A-13, 34-27A-15, 34-27A-19.

(1) Any appraiser may elect to place his or her appraiser license in an inactive status by doing all of the following:

(a) Before October 1 of any year, make application to transfer to Inactive status;

(b) Pay an Inactive Status application fee of One Hundred Seventy-Five ($175.00) Dollars each year for inactive status;

(c) Submit all continuing education due for the current year.

Appraisers on inactive status are not licensed to conduct appraisal or engage in any appraisal practice. Inactive status may continue for three (3) renewal cycles at which time, an appraiser may return to an active status or allow the license to close. A closed license cannot be reinstated and the former appraiser must complete a new application for licensure pursuant to 780-X-3 and meet all then existing qualifications for licensure.

(2) An appraiser who has elected to place a license in an inactive status may return to an active status at any time while the license remains in an official inactive status by notifying the Board in writing of the appraiser's intent to return to active status and paying the License fee of Three Hundred Thirty Five Dollars plus any National Registry Fee due for Licensed and Certified appraiser classifications. An appraiser who elects to return to Active Status for a partial year must renew the license before October 1.

Ala. Admin. Code r. 780-X-12-.01

Emergency adoption filed February 15, 1991; effective February 18, 1991. Permanent adoption filed April 8, 1991; effective May 15, 1991.

Amended by Alabama Administrative Monthly Volume XXXIII, Issue No. 09, June 30, 2015, eff. 7/3/2015.

Amended by Alabama Administrative Monthly Volume XXXIV, Issue No. 08, May 31, 2016, eff. 7/4/2016.

Amended by Alabama Administrative Monthly Volume XXXVIII, Issue No. 12, September 30, 2020, eff. 11/14/2020.

Author: Alabama Real Estate Appraisers Board

Statutory Authority:Code of Ala. 1975, § 34-27A-13, 34-27A-15, 34-27A-19.