Okla. Admin. Code § 158:70-5-2
Current through Vol. 42, No. 4, November 1, 2024
Section 158:70-5-2 - License fees, license period, re-examination, display, and insurance requirements(a) Initial license fees. The following fees apply to home inspection industry licensure: (1) Approval fees for schools, instructors and home inspection organizations - $100.00. If the same home inspection organization conference has multiple instructors, the fee will not exceed $100.00. (2) Approval fees for educational course content - $50.00. If the same home inspection organization conference has multiple courses, the fee will not exceed $100.00. (3) Application for license - $30.00 (4) Licensure for reciprocity - $50.00 (5) Examination fee - $200.00 (6) License fee - $250.00 (7) License renewal - $150.00 (8) License reactivation - $50.00 (b) License period. (1) A license shall expire twelve (12) months after issuance, and may be renewed without penalty for thirty (30) days following expiration. (2) A license which has been expired for more than one (1) year shall not be renewed. An individual may obtain a valid license by successful completion of the appropriate examination and other licensure requirements. (c) Re-examination. Any applicant who fails an examination must wait thirty (30) days before retaking the home inspection examination. (d) License display. The state issued license number shall be placed on all letterhead stationery, business cards, bids, estimates and printed advertisements, and shall be included in viewable electronic media advertisements. Decals and yard signs shall display the state issued license number. (e) Personal license display. All persons subject to these rules shall possess the state issued card any time the person is working. The card shall be shown when requested. (f) Insurance requirements. Each licensee must maintain insurance coverage and furnish and maintain in effect a certificate of insurance therefore which indicates that the licensee has a comprehensive general liability policy. Limits of liability are to be no less than $50,000.00 combined single limit for bodily injury and property damage. The certificate of insurance shall provide for thirty (30) days notice to the Home Inspection License Unit, prior to cancellation or material alteration of the required insurance. The Licensee must add the Construction Industries Board as a certificate holder but not as an additional insured and with no additional cost. This is required in order for the Construction Industries Board to be notified in the event such liability policy is cancelled for any reason or expires for non-payment of premiums. Failure to provide the complete information with current insurance certificate or failure to maintain insurance will result in an inactive home inspector's license being temporarily issued until such time as the requirements are met. (g)One time low-income fee waiver. See OAC 158:1-3-13(c) regarding eligibility on a one-time, one-year fee waiver. Okla. Admin. Code § 158:70-5-2
Added at 26 Ok Reg 390, eff 11-14-08 (emergency); Added at 26 Ok Reg 2463, eff 7-11-09Amended by Oklahoma Register, Volume 31, Issue 24, September 2, 2014, eff. 9/12/2014Amended by Oklahoma Register, Volume 35, Issue 24, September 4, 2018, eff. 10/1/2018Amended by Oklahoma Register, Volume 37, Issue 24, September 1, 2020, eff. 10/1/2020