(a) A currently certified or licensed appraiser may request to be placed on inactive status by filing a request for inactive status on a form approved by the board and paying the required fee. (b) A certified or licensed appraiser whose certificate or license has expired may renew on inactive status by: (1) filing, within one year of expiration, an application for late renewal on a form approved by the board; (2) indicating on the application that the appraiser wishes to renew on inactive status; and (3) paying the required renewal fees. (c) An appraiser on inactive status: (1) shall not appraise real property, engage in appraisal practice, or perform any activity for which an appraiser license or certification is required; and (2) must file the proper application and pay all required fees, except for the national registry fee, in order to renew the license or certification. (d) To return to active status, a licensed or certified appraiser who has been placed on inactive status must: (1) request to return to active status on a form approved by the board; (2) pay the return to active status fee; and (3) satisfy all appraiser continuing education (ACE) requirements that were not completed while on inactive status, except that the appraiser is not required to complete the most current USPAP update course more than once in order to return to active status and shall substitute other approved courses to meet the required number of hours of ACE. (e) A licensed or certified appraiser who has been on inactive status may not resume practice until the active license or certification has been issued by the board. |
Source Note: The provisions of this §153.23 adopted to be effective October 16, 2003, 28 TexReg 8943; amended to be effective March 27, 2007, 32 TexReg 1748; amended to be effective November 9, 2008, 33 TexReg 8943; amended to be effective December 27, 2010, 35 TexReg 11660 |