Financial Impact: The 37.50 Background Check fee is a pass-through fee only. There is no additional expense to the Arkansas Appraiser Licensing and Certification Board for the implementation of this rule.
Financial Impact: The cost to an appraiser wanting to reinstate his/her appraiser credential will vary due to the amount of continuing education (CE) required. The cost of 28 hours of CE ranges from approximately $510 to $825 or more depending on the education provider selected by the appraiser. There is no clear way to estimate the cost. All fees will be paid prior to reinstatement. There is no additional cost to the agency for the implementation of this rule.