(a) Notwithstanding any other references to fees in
this chapter to the contrary, the only fees collected by the board
shall be those described in this section.
(1) The board shall from time-to-time adopt by resolution
a schedule describing the services for which it charges fees. The
board's resolution adopting a schedule shall set the specific fee
for each service described in the schedule, provided that no fee shall
exceed the maximum amounts described in this section. The schedule
will be made available to any person upon request and will be published
on the board's Internet site.
(2) If another law of the state requires the board
to perform a service, the board shall collect the fee authorized by
said law.
(3) On a case-by-case basis, the chairman or the executive
secretary may waive the collection of any fee described in this section
if it serves the best interests of the program.
(b) The board shall collect the following fees when
they are applicable:
(1) a fee not to exceed $250 for a regular (or first)
appraisal of a tract of land;
(2) a fee not to exceed $100 for the reappraisal of
land previously appraised by the board for the same transaction;
(3) a fee for a subdivision pre-appraisal and consultation
fee -- $2 per acre, calculated on the gross acreage in the subdivision,
with a minimum of $250;
(4) a fee not to exceed $25 for a returned check (NSF);
(5) The board shall collect a fee not to exceed $150
for the preparation, review, or approval of any document, including
but not limited to the following:
(A) contract of sale and purchase;
(B) mineral lease or assignment of mineral lease;
(C) easement, including but not limited to utility
easements, access right of ways, and recreational;
(D) transfer of contract and sale and purchase;
(E) deed issued when a portion of a tract is severed
prior to the full payment of its loan;
(6) a fee for a deed issued when a loan is paid in
full, not to exceed:
(A) $150 if the contract incorporates this chapter
by reference, or includes a general reference to the rules and/or
regulations of the board; or
(B) the amount of the fee that was in effect on the
date the contract was executed if the contract contains no reference
to the rules and/or regulations of the board.
(c) No fee may be charged in connection with the program
to a loan applicant by a third party that has not been approved by
the board.
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