(a)A person who is licensed or certified as an appraiser under the laws of a state having licensure or certification requirements that have not been disapproved by the Appraisal Subcommittee may apply for a license or certification under the Act by completing and submitting to the board the application for licensure or certification and paying to the board the fee[ , both of which are required by the state of the person present certification ]. An applicant for certification or licensure by reciprocity also must complete and submit a Supplement to Application for Appraiser Certification or Licensing by Reciprocity [(TALCB Form 10.0)] or its successor. (b) - (d)(No change.) (e)A person holding a license or certification by reciprocity must pay the federal registry fee and other fees imposed by the board. The total application fees required for certification or licensure by reciprocity shall be equal to the amount of the application, processing, and issuance fees required for a Texas certified or licensed appraiser to become certified or licensed [in the applicant's home state of present licensure or certification, prorated for one year, but not less than $100. In addition, a one-year federal registry fees shall be required]. (f)A reciprocal license or certification expires on the same date that the license or certification held by the applicant in the applicant's home state expires but in no instance more two years from the date of issuance of the reciprocal license or certification [or on the first anniversary of the date the reciprocal license or certification was issued, whichever comes first]. (g) - (h)(No change.)
This agency hereby certifies that the proposal has been reviewed
by legal counsel and found to be within the agency's legal authority to adopt.
Filed with the Office of
the Secretary of State on September 16, 2005
TRD-200504105 Wayne Thorburn
Commissioner
Texas Appraiser Licensing and Certification Board
Earliest possible date of adoption: October 30, 2005
For further information, please call: (512) 465-3950
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