876 Ind. Admin. Code 3-2-7

Current through December 4, 2024

Section 876 IAC 3-2-7 - Fee schedule

Authority: IC 25-1-8-2; IC 25-34.1-3-8

Affected: IC 25-34.1-8-7.5

Sec. 7.

(a) This section establishes the fee schedule for the real estate appraiser licensure and certification program. The fees stated in subsection (b) apply to the following:

(1) Indiana licensed trainee appraisers.

(2) Indiana licensed residential appraisers.

(3) Indiana certified residential appraisers.

(4) Indiana certified general appraisers. However, the fee for licensed trainee appraisers under subsection (b)(2), (b)(3), and (b)(5) through (b)(7) shall be one hundred ten dollars ($110) (including the ten dollars ($10) for the investigative fund under IC 25-34.1-8-7.5 ), because there is not a requirement under federal law to transmit these amounts for licensed trainee appraisers.

(b) The fee schedule is as follows:

(1) Application for admittance to the examination	$100
(2) Fee for issuance of a license or certificate (after passing the examination) during the first twelve (12) months of the renewal cycle (including eighty dollars ($80) required by federal law to be transmitted to the federal government and ten dollars ($10) for the investigative fund under IC 25-34.1-8-7.5 )	$190
(3) Fee for issuance of a license or certificate (after passing the examination) during the last twelve (12) months of the renewal cycle (including forty dollars ($40) required by federal law to be transmitted to the federal government and ten dollars ($10) for the investigative fund under IC 25-34.1-8-7.5 )	$150
(4) Application for licensure by reciprocity	$100
(5) Fee for a license or certificate by reciprocity (after approval by the board) during the first twelve (12) months of the renewal cycle (including eighty dollars ($80) required by federal law to be transmitted to the federal government and ten dollars ($10) for the investigative fund under IC 25-34.1-8-7.5 )	$190
(6) Fee for a certificate by reciprocity (after approval by the board) during the last twelve (12) months of the renewal cycle (including forty dollars ($40) required by federal law to be transmitted to the federal government and ten dollars ($10) for the investigative fund under IC 25-34.1-8-7.5 )	$150
(7) Application for the renewal of a license or certification (including eighty dollars ($80) required by federal law to be transmitted to the federal government and ten dollars ($10) for the investigative fund under IC 25-34.1-8-7.5 )	$190
(8) Duplicate license or certificate	$10
(9) Duplicate pocket card	$10
(10) Certification of license to another state	$10
(11) Application by a holder of an Indiana trainee appraiser license to be approved for a regular license	$25
(12) Application for the issuance of a permit for temporary practice	$150

(c) All fees are nonrefundable and nontransferable.

876 IAC 3-2-7

Indiana Real Estate Commission; 876 IAC 3-2-7; filed Sep 24, 1992, 9:00 a.m.: 16 IR 737; filed Dec 8, 1993, 4:00 p.m.: 17 IR 772, eff Jan 2, 1994 [IC 4-22-2-36 suspends the effectiveness of a rule document for thirty (30) days after filing with the secretary of state. LSA Document #93-130 was filed Dec 8, 1993.]; filed Jun 14, 1995, 11:00 a.m.: 18 IR 2791; filed Jun 21, 1996, 10:00 a.m.: 19 IR 3111; filed Apr 12, 2001, 12:30 p.m.: 24 IR 2697; readopted filed May 29, 2001, 10:00 a.m.: 24 IR 3238; filed Dec 3, 2002, 3:00 p.m.: 26 IR 1107; filed Apr 26, 2004, 2:15 p.m.: 27 IR 2740; filed Aug 12, 2004, 10:12 a.m.: 28 IR 212, eff Oct 1, 2004; readopted filed Jul 19, 2007, 1:16 p.m.: 20070808-IR-876070068RFA; filed Nov 4, 2011, 4:00 p.m.: 20111130-IR-876110176FRA, eff Jan 1, 2012; readopted filed November 25, 2013, 9:21 a.m.: 20131225-IR-876130283RFA

Readopted filed 11/26/2019, 3:50 p.m.: 20191225-IR-876190192RFA