(a)A license holder [certified or licensed appraiser or appraiser trainee] may request to be placed on inactive status by filing a request for inactive status on a form approved by the Board [board] and paying the required fee. (b)A license holder [certified or licensed appraiser or appraiser trainee] whose license [ certificate, license, or approval] has expired may renew on inactive status within six months after the license expiration date by: (1)filing[, within one year of expiration,] an application for renewal [inactive status] on a form approved by the Board [board]; (2)indicating on the application that the license holder [appraiser] wishes to renew on inactive status; and (3)paying the required late renewal fees. (c)A license holder [An appraiser] on inactive status: (1)shall not appraise real property, engage in appraisal practice, or perform any activity for which a [an appraiser] license [or certification] is required; and (2)must file the proper renewal application and pay all required fees, except for the national registry fee, in order to renew the license[, certification, or trainee approval]. (d)To return to active status, a license holder [ licensed or certified appraiser or appraiser trainee] who has been placed on inactive status must: (1)request to return to active status on a form approved by the Board [board]; (2)pay the required [return to active status] fee; (3)satisfy all ACE [appraiser continuing education (ACE)] requirements that were not completed while on inactive status, except that the license holder [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 ACE hours. [of ACE; and] [(4)meet all then-current requirements for certification, licensure, or approval, including retaking and passing the examination, if the certificate, license, or approval was expired for more than six months at the time the licensed or certified appraiser or appraiser trainee applied for inactive status.] (e)A license holder [licensed or certified appraiser or appraiser trainee] who has been on inactive status may not resume practice until the [active certification, license, or approval has been issued by] the Board issues an active license [board].
The agency certifies
that legal counsel has reviewed
the proposal and found it to be within the state agency's legal authority
to adopt.
Filed with the Office
of the Secretary of State on May 19, 2014
TRD-201402339 Kristen Worman
General Counsel
Texas Appraiser Licensing and Certification Board
Earliest possible date of adoption: June 29, 2014
For further information, please call: (512) 936-3652
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