1301:11-1-03 Fees.

The fees assessed by the real estate appraiser board shall be as follows:

(A) A seventy-four dollar examination fee for certification as a general real estate appraiser or for certification or licensure as a residential real estate appraiser 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, which nonrefundable fee must be submitted with the 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 certification or license, which nonrefundable fee must be submitted with the 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.

(E) In accordance with division (A)(1)(f) of section 4763.03 of the Revised Code, a fee of fifty dollars shall be assessed against each person issued an initial state-certified real estate appraiser certificate and initial state-licensed real estate appraiser license. The assessment must be paid to the division prior to the actual issuance of the initial certificate or license.

(F) In accordance with division (A)(1)(f) of section 4763.03 of the Revised Code, a 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) In accordance with division (A)(1)(f) of section 4763.03 of the Revised Code, 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 state-certified general real estate appraiser certificate an initial state-certified residential real estate appraiser certificate issued pursuant to division (H) of section 4763.05 of the Revised Code or state-licensed 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) A fifty dollar fee for the issuance of a temporary practice registration;

(J) A twenty dollar fee for certificate/licensure 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;

(3) The original certificate or license issued has been lost or spoliated.

(L) The fees assessed by the real estate appraiser board for state-registered appraiser assistants shall be as follows:

(1) A one hundred dollar fee for initial registration as a state-registered real estate appraiser assistant, which nonrefundable fee must be submitted with the application for registration;

(2) A fifty dollar fee for annual renewal of a state-registered real estate appraiser assistant, which nonrefundable fee must be submitted with the application for renewal of registration;

(3) A twenty-five dollar late filing fee for state-registered real estate appraiser assistants who file their renewal within three months after the expiration of their registration;

(4) In accordance with division (A)(1)(f) of section 4763.03 of the Revised Code, a fee of fifty dollars shall be assessed against each person issued an initial registration as a state-registered real estate appraiser assistant.

(M) The superintendent of real estate may require that fees be paid by credit card, debit card, cashier's check, certified check or money order.

Effective: 11/29/2010
R.C. 119.032 review dates: 09/14/2010 and 06/30/2015
Promulgated Under: 119.03
Statutory Authority: 4763.03
Rule Amplifies: 4763.03 , 4763.05 , 4763.09
Prior Effective Dates: 12/1/1990, 3/18/1993 (Emer.), 5/7/1993, 9/10/1996, 12/15/1999, 3/1/2005, 1/1/2007, 1/1/2009, 10/26/2009