N.H. Admin. Code § Rab 402.03

Current through Register No. 50, December 12, 2024
Section Rab 402.03 - Revocation
(a) "Revocation" means the termination and complete cancellation of any specially-conferred rights, authority, or privileges that were granted to an appraiser through RSA 310-B.
(b) The most severe sanction, revocation, shall be imposed only for those cases in which:
(1) An appraiser has made a third false claim of inspecting a property;
(2) An appraiser has committed a third major violation of USPAP; or
(3) An appraiser's license to practice real estate appraisal in any other state has been revoked.
(c) The minimum period for revocation shall be 3 years commencing from the latter of:
(1) The date that the revocation goes into effect; or
(2) The date on which no further appeal may be taken.
(d) Upon receipt of a revocation order from the board, the apprentice or appraiser shall immediately cease holding themselves out to the public as an appraiser. Further, such appraiser shall immediately cease engaging in any act for which licensure or certification issued pursuant to RSA 310-B is required.
(e) Failure to comply with (d) above, shall constitute separate grounds for further disciplinary action.
(f) A subsequent license or certification shall be obtained only after:
(1) The passage of the amount of time specified in the revocation order;
(2) Complying with all of the requirements of RSA 310-B and Rab 300 regarding application for an initial license or certification;
(3) Demonstrating that the cause for revocation does not exist at the time of the subsequent application; and
(4) Demonstrating that any corrective actions that were ordered by the board have been fully implemented.

N.H. Admin. Code § Rab 402.03

#6958, eff 3-23-99, EXPIRED: 3-23-07

New. #8854, INTERIM, eff 3-24-07, EXPIRED: 9-20-07

New. #9018, eff 11-1-07; ss by #10270, eff 2-2-13 (from Rab 402.02)

Amended by Number 24, Filed June 13, 2024, Proposed by #13968, Effective 5/18/2024, Expires 5/18/2034.