Download as PDF
324A.065 Fees -- Disposition of fee -- Exceptions.
(1)
(2)
The board shall establish by regulation and collect the following fees for
certification or licensure as an appraiser for:
(a) Federally related transactions:
1.
Initial application fee in an amount not to exceed two hundred
twelve dollars ($212), which shall include a fee for the current edition
of the Uniform Standards of Professional Practice;
2.
Examination fee in an amount not to exceed two hundred dollars
($200);
3. a.
An annual certificate or licensure fee in an amount not to
exceed two hundred twelve dollars ($212), which shall include
a fee for the current edition of the Uniform Standards of
Professional Appraisal Practice;
b.
Duplicate certificate fee in an amount not to exceed ten dollars
($10); and
c.
Certificate correction fee in an amount not to exceed ten
dollars ($10); and
4.
Roster fee not to exceed fifty dollars ($50); and
(b) Nonfederally related transactions:
1.
Initial application fee in an amount not to exceed one hundred
dollars ($100);
2.
Examination fee in an amount not to exceed one hundred dollars
($100);
3. a.
An annual certificate or licensure renewal fee in an amount not
to exceed one hundred dollars ($100);
b.
Duplicate certificate fee in an amount not to exceed five dollars
($5); and
c.
Certificate correction fee in an amount not to exceed five
dollars ($5); and
4.
Roster fee not to exceed twenty-five dollars ($25).
(a) All fees and charges collected by the board under the provisions of this
chapter shall be paid into the Real Estate Appraisers Board's trust and
agency account in the State Treasury.
(b) All expenses incurred by the board under the provisions of this chapter,
including compensation to the board members and staff, shall be paid out
of this account, subject to approval of the board.
(c) The provisions of this subsection shall not apply to the fee charged
pursuant to KRS 324A.155, which is required to be included in the
appraisal management company recovery fund and which shall be paid
into that fund.
Effective:June 25, 2013
History: Amended 2013 Ky. Acts ch. 46, sec. 14, effective June 25, 2013. -Amended 1998 Ky. Acts ch. 377, sec. 6, effective July 15, 1998. -- Amended
1992 Ky. Acts ch. 247, sec. 8, effective April 7, 1992. -- Created 1990 Ky. Acts
ch. 383, sec. 12, effective July 13, 1990.
Legislative Research commission Note (6/25/2013). Under the authority of KRS
7.136(1), the Reviser of Statutes has modified the internal numbering of this
statute from the way it appeared in 2013 Ky. Acts ch. 46, sec. 14. The words in
the text were not changed.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.