49 Pa. Code § 43b.15

Current through Register Vol. 54, No. 49, December 7, 2024
Section 43b.15 - Schedule of civil penalties-certified real estate appraisers-statement of policy

STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS

Violation Under 49 Pa. Code Chapter 36

Title/Description

Civil Penalty

Section 36.13(a)(3)(iii)

Failing to ensure that appraiser assistant signs appraisal document as assistant to certified real estate appraiser

1st offense-$250

2nd offense-$500

Section 36.51

Failing to retain workfile for period required under Uniform Standards of Professional Appraisal Practice (USPAP) Ethics Rule on recordkeeping

1st offense-$250

2nd offense-$500

Section 36.51

Failing to identify type of appraisal report under USPAP Standards Rule 2-2

1st offense-$250

2nd offense-$500

Section 36.52

Failing to place name, signature, title and appraiser certification number on appraisal report or appraisal agreement

1st offense-$125

2nd offense-$250

Section 36.91(c)

Practicing on an expired appraiser certification

1st offense

0-5 mos.-$250

6-12 mos.-$500

Over 12 mos.-formal action

2nd offense-formal action

Section 36.265

Failing to place name, signature, title and CPE certification number on appraisal report

1st offense-$125

2nd offense-$250

Section 36.271(c)

Practicing on expired CPE certification

1st offense

0-5 mos.-$250

6-12 mos.-$500

Over 12 mos.-formal action

2nd offense-formal action

49 Pa. Code § 43b.15

The provisions of this § 43b.15 amended October 22, 2004, effective 10/23/2004, 34 Pa.B. 5809.