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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.
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