Current through Register Vol. 54, No. 24, June 15, 2024
Section 36.403 - Application procedures(a)Application form. An applicant for registration as an appraisal management company shall complete and file with the Board an application in a form prescribed by the Board. The form is available on the Board's web site at www.dos.pa.gov/real and by contacting the Board at Post Office Box 2649, Harrisburg, Pennsylvania 17105-2649, (717) 783-4866 or ST-APPRAISE@pa.gov.(b)Application fees.(1) The initial application fee for registration as an appraisal management company is nonrefundable and must be in the amount in § 36.405 (relating to fees).(2) An applicant for registration shall submit a separate payment to the board for the AMC National Registry fee under § 36.405.(c)Filing of application. An application is filed with the Board on the date that it is received in the office of the Board.(d)Approved applications. If the Board finds that the application is complete, does not have a basis to believe that the information in the application is not true and correct, and that the information in the application qualifies the applicant for registration as an appraisal management company, the Board will issue a registration certificate by mail to the address of record in the application.(e)Disapproved applications. If the Board finds that the application is incomplete, that there is reason to believe that the information is not true and correct, or that the applicant is not otherwise qualified for registration, the Board will notify the applicant, in writing, of all of the following:(1) The application has been provisionally denied.(2) The reason for provisional denial.(3) The applicant's right to appeal the provisional denial in writing and to request a hearing before the Board.(4) The applicant's rights under 1 Pa. Code Part II (relating to General Rules of Administrative Practice and Procedure).(5) The failure to appeal the provisional denial to the Board or to request a hearing within 30 days of the date of the notice of provisional denial will result in the provisional denial of the application being deemed final.(f)Compliance with new requirements. An applicant shall comply with the requirements for registration that take effect between the applicant's filing of an initial application and the issuance of registration.