Compilation of Rules and Regulations of the State of Georgia
Department 539 - RULES OF GEORGIA REAL ESTATE APPRAISERS BOARD
Chapter 539-1 - SUBSTANTIVE REGULATIONS
Rule 539-1-.02 - Fees and Renewals
Current through Rules and Regulations filed through March 20, 2024
(1) Whenever an individual applicant activates an original appraiser classification, that applicant shall pay an activation fee that shall cover all fees due the Board until the last day of the month of the applicant's month of birth in the calendar year following the calendar year in which the applicant first becomes classified.
(2) Unless renewal fees are paid, all classifications issued under the provisions of paragraph (1) of this Rule will lapse at midnight on the last day of the month of the individual's birthday.
(3) Fees for all licenses and services performed by the Board shall be as follows:
As required by federal law, for all classifications except state registered real property appraiser, the Board shall collect at the first and each subsequent renewal of the classification a federal registry fee of $40.00 to be paid to the Appraisal Subcommittee of the Federal Financial Institutions Examination Council; and
(4) $25.00(1) for failure to notify the Board in writing within 30 days of a change of address; and (2) whenever it is necessary for the Board to return an application because the application is incomplete.
(4.1) $100.00 for submitting to the Board a check that is returned unpaid or for disputing a charge to a credit card for a fee owed to the Board when the dispute results in a chargeback to the Board's account.
(5) Each applicant for approved school status shall pay an activation fee of $95.00 that shall cover all fees due the Board until December 31st of the calendar year in which the Board grants approval to the school. To continue an approval thereafter, prior to December 31st for each succeeding year for which it wishes to continue a school approval, the school must pay a renewal fee of $100.00 if submitted and paid in any manner other than though the Board's Internet on-line renewal system and $75.00 if submitted and paid through that on-line system.
(6) Each applicant for approved instructor status shall pay an activation fee of $95.00 that shall cover all fees due the Board until December 31st of the calendar year in which the Board grants approval to the instructor. To continue an approval thereafter, prior to December 31st for each succeeding year for which the instructor wishes to continue an approval, the instructor must pay a renewal fee of $100.00 if submitted and paid in any manner other than though the Board's Internet on-line renewal system and $75.00 if submitted and paid through that on-line system.
(7) Each applicant for an appraisal management company registration shall pay an activation fee of $1,000.00 that shall cover all fees due the Board until the month of the first anniversary of the activation of a registration by the company. To continue a registration thereafter, the appraisal management company must pay a yearly renewal fee of $500.00 if submitted and paid in any manner other than through the Board's internet on-line renewal system and $475.00 if submitted and paid through that on-line system.
O.C.G.A. Secs. 43-39A-3, 43-39A-4, 43-39A-8, 43-39A-9, 43-39A-11, 43-39A-12, 43-39A-13, 43-39A-15, 43-39A-18.
