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(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. An applicant for certification or licensure by reciprocity also must complete and submit a Supplement to Application for Appraiser Certification or Licensing by Reciprocity or its successor. (b)A non-Texas resident person applying for a license or certification under this subsection must submit an irrevocable consent to service of process in this state on a form prescribed by the board. (c)An application may not be accepted from a person from a state that refuses to offer reciprocal treatment to residents of this state who are certified or licensed real estate appraisers. (d)The board shall seek verification from an applicant's state of current licensure that the applicant's license or certification is valid and in good standing. A reciprocal license or certificate may not be issued without the verification required by this subsection. (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. (f)A reciprocal license or certification expires on the same date that the license or certification held by the applicant in the applicant's state of current licensure expires but in no instance more than two years from the date of issuance of the reciprocal license or certification. (g)Renewal of a certification or license granted through reciprocity shall be in the same manner, with the same requirements, term, and fees as for the same classification of certified or licensed appraiser as provided in §153.17 of this title (relating to Renewal of Certification, License, or Trainee Approval).
This agency hereby certifies that the adoption has
been reviewed by legal counsel and found to be a valid exercise of
the agency's legal authority.
Filed with the Office
of the Secretary of State on August 18, 2008
TRD-200804450 Devon V. Bijansky
Assistant General Counsel
Texas
Appraiser Licensing and Certification Board
Effective date: September 7, 2008
Proposal publication date: July 11, 2008
For further information, please call: (512) 465-3900
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