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Rule Changes

The Rule:  Fee Schedule Rule

Public Comment:  No public comments were received regarding this rule change

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 implentation of this rule.

Proposed effective date: April 1, 2017

 

The Rule:  Reinstatement Rule

Public Comment:  No written public comments were received regarding this rule change

Financial Impact:  The cost to an appraiser wanting to reinstate his/her 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.

Proposed effective date: April 1, 2017