Compilation of Rules and Regulations of the State of Georgia › Department 539 - RULES OF GEORGIA REAL ESTATE APPRAISERS BOARD › Chapter 539-1 - SUBSTANTIVE REGULATIONS › Rule 539-1-.08 - Reinstatement of Lapsed Appraiser Classification

Current through Rules and Regulations filed through June 27, 2024
(1) Any appraiser whose appraiser
			 classification lapses due to nonpayment of fees or failure to complete
			 satisfactorily any of the education requirements of O.C.G.A. Chapter 43-39A shall
			 be prohibited from engaging in real estate appraisal activities as defined in
			 O.C.G.A. Section
			  43-39A-2 until such
			 time as the appraiser classification is reinstated. Upon the lapsing of an
			 appraiser classification, an appraiser shall forward his other wall certificate
			 and pocket card to the board at once.
(2) Except as provided in paragraph (6) below,
			 any appraiser who fails to pay a renewal fee and allows an active appraiser
			 classification to lapse may reinstate that appraiser classification within two
			 years of the date of its lapsing by paying the total amount of all renewal fees
			 that would have been due while that appraiser classification was lapsed plus a
			 reactivation fee and by successfully completing any required continuing education
			 courses that would have been due while that appraiser classification was
			 lapsed.
(3) Except as provided in
			 paragraph (6) below, any appraiser who allows an appraiser classification to
			 lapse for a period longer than two years but less than five years due solely to a
			 failure to pay a renewal fee may reinstate that appraiser classification by
			 paying the total amount of all renewal fees that would have been due while that
			 appraiser classification was lapsed plus a reactivation fee and by successfully
			 completing 90 classroom hours of Board approved courses that includes the current
			 version of the 7-Hour National USPSAP Update Course (or its AQB-approved
			 equivalent). Courses taken to reinstate an appraiser classification under this
			 paragraph must be taken within one year prior to making application for and
			 paying the fees required for reinstatement. Any course taken under this paragraph
			 must be taken at a Board approved school.
(4) Any appraiser whose appraiser
			 classification lapses for failure to complete in a timely manner any continuing
			 education required for renewal of that appraiser classification may reinstate
			 that appraiser classification by (a) furnishing the Board evidence of having
			 completed an approved course or courses of study and (b) paying any required
			 fees. The course or courses of study required by (a) above must have a number of
			 hours of instruction totaling at least 14 classroom hours for each year of the
			 renewal period.
(5) Except as
			 provided in paragraph (6) below, any real estate appraiser (except a State
			 Registered Real Property Appraiser) who fails to pay a renewal fee and allows an
			 appraiser classification to lapse and who does not elect to reinstate that
			 appraiser classification under the provisions of paragraph (2) or (3) of this
			 Rule may reinstate that appraiser classification by furnishing proof of
			 completion of any required preclassification education and by taking and passing
			 the appropriate qualifying examination for that appraiser
			 classification.
(6) Any nonresident
			 appraiser whose appraiser classification lapses for failure to pay a renewal fee
			 may reactivate that appraiser classification by paying the fee required of an
			 original applicant if such nonresident has maintained an active appraiser
			 classification in his or her state of residence during the period that his or her
			 appraiser classification lapsed and has met that state's continuing education
			 requirements.
(7) Any appraisal
			 management company whose registration lapses for failure to pay a renewal fee may
			 reactivate by paying the renewal fee and an additional fee for reinstatement as
			 follows:
(a) if the registration is reinstated
			 within four months of the date of lapsing, $100.00; or
(b) if the registration is reinstated more than
			 four months after the date of lapsing, $100.00 plus an additional fee of $50.00
			 for each month or portion of a month beyond four months from the date of
			 lapsing.