Ohio Administrative Code › Title 1301:11 - Real Estate Appraiser Board › Chapter 1301:11-1 - Real Estate Appraisers Board › Section 1301:11-1-03 - Fees

Current through all regulations passed and filed through July 1, 2024
The applicable nonrefundable fees shall be assessed by the real
				estate appraiser board as follows:
(A)
								The examination fee for certification as a general
			 real estate appraiser or for certification or licensure as a residential real
			 estate appraiser  is set forth in the agreement between
			 the superintendent and the testing vendor,payable directly to the testing
			 vendor.
(B) A one hundred
			 seventy-five dollar fee for initial certification as a general real estate
			 appraiser or for initial certification or licensure as a residential real
			 estate appraiser must be submitted with the initial application for
			 certification or licensure.
(C) A
			 one hundred twenty-five dollar fee for the annual renewal of a general real
			 estate appraiser certificate or a residential real estate appraiser certificate
			 or license must be submitted with the renewal application for certification or
			 licensure.
(D) A sixty-two dollar
			 and fifty cent late filing fee for state certified or state licensed real
			 estate appraisers who file their renewal within three months after the
			 expiration of their certificate or license. The late filing fee must be
			 submitted with the renewal application for certification or
			 licensure.
(E) For purposes of
			 funding the real estate appraiser recovery fund, a fee of fifty dollars shall
			 be assessed against each person issued an initial real estate appraiser
			 certificate and initial real estate appraiser license following the successful
			 completion of the examination required by rule
			 1301:11-3-05
			 of the Administrative Code. The assessment must be paid to the division prior
			 to the actual issuance of the initial certificate or license.
(F) An application fee of fifty dollars shall
			 be assessed against each person issued a temporary registration. The assessment
			 must be paid to the division prior to the actual issuance of the temporary
			 certificate or license.
(G) At the
			 first meeting of the board following the first day of October of each year, the
			 board shall determine the amount due from each applicant and each currently
			 certified and licensed real estate appraiser. If the board determines that a
			 change in fees is necessary, the board shall adopt rules necessary to reflect
			 the fee change.
(H) In accordance
			 with section 1109 of the "Financial Institutions Reform, Recovery and
			 Enforcement Act" of 1989, 103 Stat. 513,
			 12
			 U.S.C. 3338, in effect on August 9, 1989 a
			 federal registry fee in an amount not to exceed one hundred dollars shall be
			 assessed against each person issued an initial general real estate appraiser
			 certificate, an initial residential real estate appraiser certificate or an
			 initial residential real estate appraiser license and against each current
			 state-certified and state-licensed real estate appraiser at the time of renewal
			 of their certificate or license. The assessment must be paid to the division
			 prior to the actual issuance of the initial and renewal certificate or license.
			 Any increase in the federal registry fee authorized by the appraisal
			 subcommittee pursuant to section 1109 of the "Financial Institutions Reform,
			 Recovery and Enforcement Act" of 1989, 102 Stat. 513,
			 12
			 U.S.C. 3338, shall be assessed, upon notice
			 against all initial and current state-certified and state-licensed real estate
			 appraisers.
(I) For purposes of
			 funding the real estate appraiser recovery fund, a fee of fifty dollars shall
			 be assessed against each person issued a license, certificate or registration
			 pursuant to division (E) of section
			 4763.05
			 of the Revised Code. The assessment must be paid to the division prior to the
			 actual issuance of the license, certificate or registration.
(J) A twenty dollar fee for credential
			 certification of an individual.
(K)
			 A twenty dollar fee for replacement of a certificate or license where:
(1) A certificate holder or licensee changes
			 their name;
(2) A certificate
			 holder or license changes their business address; or
(3) The original certificate or license
			 issued has been lost or spoliated.