N.D. Admin. Code 101-05-01-12

Current through Supplement No. 394, October, 2024

Section 101-05-01-12 - Filing fees

Fees may not be prorated.

1. The following application fees, and the national registry fee if the federal government requires, must be charged for an appraisal management company that is subject to registration under North Dakota Century Code chapter 43-23.5:

a. Initial registration fee	$2,500 + national registry fee
b. Annual renewal fee	$2,000 + national registry fee
c. Late filing fee	$100 per month
d. Change of information	$25

2. If required by federal law, the board may collect the following fees, as well as any information the state is required to collect and submit to the appraisal subcommittee, from each appraisal management company that is exempt from registration under North Dakota Century Code chapter 43-23.5:

a. Administrative fee	$500 + national registry fee
b. Late filing fee	$100 per month
c. Change of information fee	$25

The administrative fee may be waived if the federal government provides funding to the board for this function.

N.D. Admin Code 101-05-01-12

Adopted by Administrative Rules Supplement 367, January 2018, effective 1/1/2018.

General Authority: NDCC 43-23.5-02

Law Implemented: NDCC 43-23.5-04, 43-23.5-19; 12 USC 3346, 12 CFR 1102.403