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.
(L) The applicable nonrefundable fees shall be assessed by the
real estate appraiser board for state-registered appraiser assistants as
follows:
(1) A one hundred dollar
fee for initial registration as a state-registered real estate appraiser
assistant must be submitted with the initial application;
(2) A fifty dollar fee
for annual renewal of a state-registered real estate appraiser assistant must
be submitted with the renewal application;
(3) A twenty-five dollar
late filing fee for state-registered real estate appraiser assistants who file
their renewal application within three months after the expiration of their
registration; or
(4) For purposes of
funding the real estate appraiser recovery fund, a fee of fifty dollars shall
be assessed against each person issued an initial registration as a
state-registered real estate appraiser assistant. The assessment must be paid
to the division prior to the actual issuance of the registration.
(M) The superintendent of real estate may require that fees be
paid by credit card, debit card, personal check, cashier's check,
certified check or money order.
