KRS § 324A.030 — KY Code / Title XXVI / Chapter 324A / Section 324A.030
324A.030 Assumption or use of title, designation, or abbreviation to create impression of certification or licensure prohibited -- Powers of certified or licensed appraiser -- Appraiser for Transportation Cabinet -- Prohibition against certain activities by unlicensed persons
Status: in_force

324A.030 Assumption or use of title, designation, or abbreviation to create

impression of certification or licensure prohibited -- Powers of certified or

licensed appraiser -- Appraiser for Transportation Cabinet -- Prohibition

against certain activities by unlicensed persons.

(1) It shall be unlawful, unless certified or licensed by the board, for any person to:

(a) Assume or use any title, designation, or abbreviation likely to create the

impression that he or she holds a license or certificate issued by the board;

(b) Describe or refer to any appraisal or evaluation of real estate by the term,

"state certified," "state licensed," or words of substantially similar meaning; or

(c) Assume or use any title, designation, or abbreviation likely to create the

impression of certification or licensure by the state as a real estate appraiser

firm, partnership, or corporation.

(2) A certificate holder or licensee shall not assume or use any title, designation, or

abbreviation likely to create the impression of certification or licensure by the board

other than the correct type of certification or licensure.

(3) Each certificate holder or licensee who is a resident of Kentucky shall have and

maintain a definite place of business in this state, a current e-mail address, and a

current telephone number. A nonresident is not required to maintain an active place

of business in this state if a definite place of business is maintained in the state

where the nonresident resides. A nonresident shall maintain a current e-mail address

and a current telephone number.

(4) Failure by a certificate holder or licensee to notify the board of any change of

business address, change of company name, change of surname, change of phone

number, or change of e-mail address within thirty (30) days of the change shall

result in a penalty not to exceed two hundred dollars ($200).

(5) In the case of the death of a certificate holder or licensee, the board may, in its

sound discretion, permit a suitable individual to complete the affairs and appraisal

assignments of the deceased.

(6) For any employee of the Transportation Cabinet whose job description includes real

estate appraisals which require certification, the Transportation Cabinet shall bear

the costs of initial application, examination, continued education, and annual

renewal.

(7) (a) Those Transportation Cabinet employees serving as right-of-way agents or

supervisors, who actually perform on-site appraisals as part of their job

descriptions and who have obtained an appraiser certification under the

provisions of KRS 324A.010 to 324A.090, shall receive a five percent (5%)

salary increase effective January 1 following certification. Those right-of-way

agents or supervisors who received certification prior to January 1, 1991, shall

receive the salary increase effective January 1, 1991.

(b) The salary increases provided for in subsection (a) of this section shall be

made within existing Transportation Cabinet appropriations.

(8) A person shall not provide appraisal, appraisal review, or appraisal consulting

assignments or perform any of the duties usually performed by a licensed or

certified real property appraiser for a federally related transaction unless the person

at the time holds a license or certification of real property appraiser issued and

validly existing under the laws of the Commonwealth of Kentucky, as provided in

this chapter.