REGULATIONS
Vol. 34 Iss. 9 - December 25, 2017

TITLE 18. PROFESSIONAL AND OCCUPATIONAL LICENSING
REAL ESTATE APPRAISER BOARD
Chapter 30
Final Regulation

REGISTRAR'S NOTICE: The Real Estate Appraiser Board is claiming an exemption from Article 2 of the Administrative Process Act in accordance with § 2.2-4006 A 6 of the Code of Virginia, which excludes regulations of the regulatory boards served by the Department of Professional and Occupational Regulation pursuant to Title 54.1 of the Code of Virginia that are limited to reducing fees charged to regulants and applicants. The Real Estate Appraiser Board will receive, consider, and respond to petitions by any interested person at any time with respect to reconsideration or revision.

Title of Regulation: 18VAC130-30. Appraisal Management Company Regulations (amending 18VAC130-30-60).

Statutory Authority: § 54.1-201 of the Code of Virginia.

Effective Date: February 1, 2018.

Agency Contact: Christine Martine, Executive Director, Real Estate Appraiser Board, 9960 Mayland Drive, Suite 400, Richmond, VA 23233, telephone (804) 367-8552, FAX (866) 826-8863, or email reappraisers@dpor.virginia.gov.

Summary:

The amendments reduce renewal and reinstatement fees for appraisal management company licenses for the period February 28, 2018, to February 1, 2020, to comply with § 54.1-113 of the Code of Virginia.

18VAC130-30-60. Fee schedule.

Fee Type

Fee Amount

When Due

Initial Application - Appraisal Management Company

$490

With application

Renewal - Appraisal Management Company

$300

With renewal application

Reinstatement - Appraisal Management Company

$790 (includes a $490 reinstatement fee in addition to the regular $300 renewal fee)

With reinstatement application

For licenses expiring on February 28, 2018, and before February 1, 2020, the renewal fee shall be as follows:

Renewal - Appraisal Management Company

$150

With renewal application

For licenses expiring on February 28, 2018, and before February 1, 2020, the reinstatement fee shall be as follows:

Reinstatement - Appraisal Management Company

$640 (includes a $490 reinstatement fee in addition to the $150 renewal fee)

With reinstatement application

VA.R. Doc. No. R18-5356; Filed December 4, 2017, 6:30 p.m.