N.Y. Comp. Codes R. & Regs. tit. 19 § 1103.5

Current through Register Vol. 46, No. 45, November 2, 2024

Section 1103.5 - Course approval, denial, suspension and revocation by the department

(a) Approval and denial of appraisal courses. Within 60 days after the receipt of an application for approval or recognition of an appraisal course, the department shall inform the applicant as to whether the application has been approved, denied or whether additional information is needed to determine the acceptability of the application.

(b) Suspension and revocation of approval. The department may deny, suspend or revoke the approval of an appraisal school, instructor, appraisal course or location if it is determined that the appraisal school, instructor, appraisal course or location has failed to comply with any provision of this Part or article 6-e of the Executive Law. Grounds for suspension or revocation are: if the appraisal course does not adequately reflect current real estate appraisal knowledge; if the appraisal school, instructor or anybody associated with the school or instructor has obtained, used or attempted to obtain or use the department's appraisal examination questions or if the examination records of the department disclose that prospective licensees attending the appraisal school have demonstrated, during any annual period, a performance record substantially below the statewide average for first time examination candidates. If disciplinary action is taken, a written order of suspension, revocation or denial of approval will be issued. An appeal from such denial, suspension or revocation shall be made in writing to the Secretary of State or his or her designee.

N.Y. Comp. Codes R. & Regs. Tit. 19 § 1103.5