No. 28665 (Amendment): R162-102-3. Renewal  

  • DAR File No.: 28665
    Filed: 04/21/2006, 04:42
    Received by: NL

     

    RULE ANALYSIS

    Purpose of the rule or reason for the change:

    The purpose for this rule change is to provide a process by which an appraiser who is called to active military service can avoid loss of license or certification due to inability to complete the required continuing education while on active duty.

     

    Summary of the rule or change:

    An appraiser who is unable to renew a license or certification because active military service has prevented the completion of the continuing education required for renewal may have a timely application for renewal held in suspense pending the return from military service and the completion of the continuing education.

     

    State statutory or constitutional authorization for this rule:

    Subsection 61-2b-6(1)(l)

     

    Anticipated cost or savings to:

    the state budget:

    There are no savings anticipated in the State budget because of this rule change. The only State agency that it is anticipated would be affected by the rule change is the licensing agency for appraisers, which is the Division of Real Estate. There may be a slight increased cost to the Division of Real Estate because it will be required to hold a few applications in a suspended status, but the cost of that would be minuscule.

     

    local governments:

    No cost is anticipated for local government since local governments do not license or regulate appraisers. However, local governments do employ appraisers, and could conceivably save money if a staff appraiser is called to active duty and does not lose his or her license or certification while on active duty. This rule change could save the appraiser (or his or her employing agency) the cost of the appraiser starting over to obtain a new license or certification after return from military service.

     

    other persons:

    The only other persons affected by this rule change are appraisers who are called to active military service and might lose their licenses or certifications while on active duty because of inability to complete the continuing education required for renewal. Those persons could be saved hundreds or thousands of dollars by not having to start over to obtain a new license or certification on their return from active duty.

     

    Compliance costs for affected persons:

    There would be no compliance costs for the appraisers affected by this rule change; it would potentially save money for appraisers who are called to active duty.

     

    Comments by the department head on the fiscal impact the rule may have on businesses:

    No fiscal impact to businesses is anticipated as a result of this rule filing, and licensees who are called to active duty may experience a cost-savings due to these renewal amendments. Francine A. Giani, Executive Director

     

    The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:

    Commerce
    Real Estate
    HEBER M WELLS BLDG
    160 E 300 S
    SALT LAKE CITY UT 84111-2316

     

    Direct questions regarding this rule to:

    Shelley Wismer at the above address, by phone at 801-530-6761, by FAX at 801-530-6749, or by Internet E-mail at swismer@utah.gov

     

    Interested persons may present their views on this rule by submitting written comments to the address above no later than 5:00 p.m. on:

    06/14/2006

     

    This rule may become effective on:

    06/15/2006

     

    Authorized by:

    Derek Miller, Director

     

     

    RULE TEXT

    R162. Commerce, Real Estate.

    R162-102. Application Procedures.

    R162-102-3. Renewal.

    102.3.1 At least 30 days before expiration, a renewal notice shall be sent by the Division to the registered, licensed or certified appraiser at the mailing address shown on the Division records. The applicant for renewal must return the completed renewal notice and the applicable renewal fee to the Division on or before the expiration shown on the notice.

    102.3.1.1 The licensed or certified appraiser must return proof of completion of 28 hours of continuing education taken during the preceding two years.

    102.3.1.1.1 Even though the appraiser may have changed licensing categories, every third time the appraiser with a renewal date before January 1, 2004 renews, the appraiser will provide evidence of having completed, within the two years prior to the third renewal, a course in the Uniform Standards of Professional Appraisal Practice. This USPAP course may be either a 7-hour National USPAP course or any 15-hour USPAP course that includes passing of a final exam. The hours of credit from USPAP courses may be used to meet part of the continuing education requirement for that renewal period. The appraiser must obtain and study the Utah Real Estate Appraiser Licensing and Certification Act and the rules promulgated thereunder and must sign an attestation that he understands and will abide by them. Appraisers with a renewal date after January 1, 2004 will be required to comply with Section 102.3.1.1.4.

    102.3.1.1.2 Those State-Licensed Appraisers who were Senior Appraisers prior to May 3, 1999 and who completed a USPAP course after January 1, 1993 will not be required to complete the USPAP course again in order to renew until their third renewal following the date upon which they completed the USPAP course as long as their renewal date is before January 1, 2004. Those State-Licensed Appraisers who have a renewal date that is after January 1, 2004 will be required to comply with Section 102.3.1.1.4.

    102.3.1.1.3 Those appraisers who were State-Registered Appraisers prior to May 3, 2001 and who completed a USPAP course after January 1, 1993 will not be required to complete the USPAP course again in order to renew until their third renewal following the date upon which they completed the USPAP course as long as their renewal date is before January 1, 2004. Those formerly State-Registered Appraisers who have a renewal date that is after January 1, 2004 will be required to comply with Section 102.3.1.1.4.

    102.3.1.1.4 Effective January 1, 2004, all appraisers must take the 7-hour National USPAP Update Course or its equivalent at least once every two years in order to maintain a license or certification. In order to qualify as continuing education for renewal, the course must have been taken from an instructor or instructors, at least one of whom is a State-Certified Residential or State-Certified General Appraiser and has been certified by the Appraiser Qualifications Board (AQB) of the Appraisal Foundation. Equivalency to the 7-hour National USPAP Update Course will be determined through the Course Approval Program of the Appraiser Qualifications Board (AQB) of the Appraisal Foundation.

    102.3.2 If the renewal fee and documentation are not received within the prescribed time period, the license or certification shall expire.

    102.3.2.1 A license or certification may be renewed for a period of 30 days after the expiration date upon payment of a late fee in addition to the requirements of Section 102.3.1.

    102.3.2.2 After this 30-day period and until six months after the expiration date, the license or certification may be reinstated upon payment of a reinstatement fee in addition to the requirements of Section 102.3.1. It shall be grounds for disciplinary sanction if, after the expiration date, the individual continues to perform work for which a license or certification is required.

    102.3.2.3 A person who does not renew a license or certification within six months after the expiration date shall be relicensed or recertified as prescribed for an original application. The applicant will receive credit for previously credited prelicensing education. Applicants for a new license or certification will be required to complete a USPAP course and retake the examination for the classification for which they are applying.

    102.3.3 If the Division has received renewal documents in a timely manner but the information is incomplete, the appraiser shall be extended a 15-day grace period to complete the application.

    102.3.4 Renewal while on active military service. An appraiser who is unable to renew a license or certification because active military service has prevented the completion of the appraiser's required continuing education may submit a timely application for renewal that is complete, except for proof of continuing education, and may request that the application for renewal be held in suspense pending the completion of the continuing education requirement.

    102.3.4.1 The appraiser will have 120 days after completion of active military service to complete the continuing education required for the renewal and submit proof of the continuing education to the Division.

    102.3.4.2 An appraiser may not act as an appraiser in Utah after the expiration of the appraiser's current license while the appraiser's application for renewal is held in suspense by the Division pending the completion of military service and the completion of the continuing education required for renewal. The appraiser may not act as an appraiser in Utah until the appraiser submits proof of completion of the required continuing education and the appraiser's application for renewal is processed by the Division.

     

    KEY: real estate appraisals, licensing

    Date of Enactment or Last Substantive Amendment: [May 25, 2005]2006

    Notice of Continuation: March 27, 2002

    Authorizing, and Implemented or Interpreted Law: 61-2b-6(1)(l)

     

     

     

     

Document Information

Effective Date:
6/15/2006
Publication Date:
05/15/2006
Filed Date:
04/21/2006
Agencies:
Commerce,Real Estate
Rulemaking Authority:

Subsection 61-2b-6(1)(l)

Authorized By:
Derek Miller, Director
DAR File No.:
28665
Related Chapter/Rule NO.: (1)
R162-102-3. Renewal.