(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 required fee;
(3) satisfying the Board as to the person's honesty,
trustworthiness and integrity;
(4) satisfying the experience requirements in this
section; and
(5) satisfying the fingerprint and criminal history
check requirements in §153.12 of this title.
(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 and license expired
less than 5 years. A person described in subsection (a) of this section
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
or a certified residential appraiser, a minimum of 10 residential
appraisal reports representing at least 10 percent of the hours and
property type of experience required by the AQB for the applicable
license category.
(B) For reinstatement as a certified general appraiser,
a minimum of 10 non-residential appraisal reports representing at
least 10 percent of the total hours of experience required by the
AQB for this license category.
(2) Persons who do not have work files or 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
or certified residential appraiser, the applicant must complete a
minimum of 10 residential appraisal reports representing at least
10 percent of the experience hours required by the AQB for the applicable
license category.
(ii) For reinstatement as a certified general appraiser,
the applicant must complete a minimum of 10 non-residential appraisal
reports representing at least 10 percent of the total hours of experience
required by the AQB for this license category.
(C) Upon completion of the required number of appraisal
reports or hours of real estate appraisal experience, the applicant
must submit an experience log.
(D) If an appraiser trainee seeking reinstatement under
this section is supervised by a supervisory appraiser with more than
three appraiser trainees, those trainees seeking reinstatement under
this section satisfy the required progress monitoring through completion
of the experience audit under subsection (e) of this section and need
not complete the voluntary appraiser trainee experience reviews under §153.22
of this title.
(e) Consistent with §153.15 of this title, 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) of
this section the Board has discretion to waive the following requirements:
(1) Proof of qualifying education;
(2) College education or degree requirement; or
(3) Examination for persons whose appraiser license
has been expired for less than five years.
(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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Source Note: The provisions of this §153.16 adopted to be effective January 1, 2016, 40 TexReg 8891; amended to be effective January 1, 2017, 41 TexReg 7107; amended to be effective September 4, 2017, 42 TexReg 4466; amended to be effective September 15, 2018; 43 TexReg 5776 |