18 Va. Admin. Code § 130-30-60

Current through Register Vol. 41, No. 10, December 30, 2024

Section 18VAC130-30-60 - Fee schedule

Fee Type	Fee Amount	When Due
Initial Application - Appraisal Management Company	$340	With application
Renewal - Appraisal Management Company	$150	With renewal application
Reinstatement - Appraisal Management Company	$490 (includes a $340 reinstatement fee in addition to the regular $150 renewal fee)	With reinstatement application

For licenses expiring on August 31, 2019, and before February 1, 2020, the renewal fee shall be as follows:

Renewal - Appraisal Management Company

$75

With renewal application

For licenses expiring on August 31, 2019, and before February 1, 2020, the reinstatement fee shall be as follows:

Reinstatement - Appraisal Management Company

$415 (includes a $340 reinstatement fee in addition to the $75 renewal fee)

With reinstatement application

Each appraisal management company shall be assessed a National Registry fee in accordance with § 1109 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (12 USC §§ 3331 - 3356) (the Act). The National Registry fee will be $25 multiplied by the number of appraisers working for or contracting with the appraisal management company in Virginia during the previous year. The minimum National Registry fee will be $25. This fee may be adjusted and charged to the appraisal management company in accordance with the Act. If an applicant fails to qualify for licensure, then the National Registry fee will be refunded.

18 Va. Admin. Code § 130-30-60

Derived From Virginia Register Volume 31, Issue 07, eff. 2/1/2015; Amended, Virginia Register Volume 34, Issue 09, eff. 2/1/2018; Amended, Virginia Register Volume 35, Issue 19, eff. 7/1/2019.

Statutory Authority: § 54.1-201 of the Code of Virginia.