| (a) This section applies only to a person who:
(1) previously held an appraiser license issued by
the Board that has expired; and
(2) seeks to obtain the same level of appraiser license
previously held by the person before its expiration.
(b) A person described in subsection (a) may apply
to reinstate the person's former license by:
(1) submitting an application for reinstatement on
a form approved by the Board;
(2) paying the applicable fee;
(3) satisfying the Board as to the person's honesty,
trustworthiness and integrity; and
(4) satisfying the experience requirements in this
section.
(c) Applicants for reinstatement under this section
must demonstrate completion of 14 hours of appraiser continuing education
for each year since the last renewal of the person's previous license.
(d) Applicants for reinstatement must demonstrate that
their appraisal experience complies with USPAP as follows:
(1) Persons who have work files/license expired less
than 5 years. A person described in subsection (a) who has appraisal
work files and whose previous license has been expired less than five
years may apply to reinstate the person's previous license by submitting
an experience log as follows:
(A) For reinstatement as a licensed residential appraiser,
a minimum of 10 residential appraisal reports representing at least
200 hours of residential real estate appraisal experience.
(B) For reinstatement as a certified residential real
estate appraiser, a minimum of 10 residential appraisal reports representing
at least 250 hours of residential real estate appraisal experience.
(C) For reinstatement as a certified general appraiser,
a minimum of 10 non-residential appraisal reports representing at
least 300 hours of non-residential real estate appraisal experience.
(2) Persons who do not have work files/license expired
more than 5 years.
(A) A person described in subsection (a) who does not
have appraisal work files or whose previous license has been expired
for more than five years may apply for a license as an appraiser trainee
for the purpose of acquiring the appraisal experience required under
this subsection.
(B) An appraiser trainee licensed under this section
may apply for reinstatement at the same level of appraiser license
that the applicant previously held, after the applicant completes
the required number of appraisal reports or hours of real estate appraisal
experience as follows:
(i) For reinstatement as a licensed residential appraiser,
the applicant must complete a minimum of 10 residential appraisal
reports or 200 hours of residential real estate appraisal experience,
whichever is more.
(ii) For reinstatement as a certified residential appraiser,
the applicant must complete a minimum of 10 residential appraisal
reports or 250 hours of residential real estate appraisal experience,
whichever is more.
(iii) For reinstatement as a certified general appraiser,
the applicant must complete a minimum of 10 non-residential appraisal
reports or 300 hours of non-residential real estate appraisal experience,
whichever is more.
(C) Upon completion of the required number of appraisal
reports or hours of real estate appraisal experience, the applicant
must submit an experience log.
(e) Consistent with §153.15, the Board will evaluate
each applicant's real estate appraisal experience for compliance with
USPAP based on the submitted experience log.
(f) For those persons described in subsection (a) the
Board may waive the following requirements:
(1) Proof of qualifying education;
(2) College education or degree requirement; and
(3) Examination.
(g) Consistent with this chapter, upon review of the
applicant's real estate appraisal experience, the Board may:
(1) Reinstate the applicant's previous appraiser license;
(2) Reinstate the applicant's previous appraiser license,
contingent upon completion of additional education, experience or
mentorship; or
(3) Deny the application.
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