Illinois Administrative Code
Title 68 - PROFESSIONS AND OCCUPATIONS
Part 1452 - APPRAISAL MANAGEMENT COMPANY REGISTRATION ACT
Section 1452.200 - Fees
Universal Citation: 68 IL Admin Code ยง 1452.200
Current through Register Vol. 48, No. 12, March 22, 2024
a) The application fee for an initial registration as an appraisal management company shall be $2,500.
b) Renewal Application Fee for Appraiser Registration
1) The application
fee to renew a registration as an appraisal management company shall be $2,000
per year.
2) The fee to reinstate a
registration that has expired shall be $500 plus the sum of all lapsed renewal
fees.
3) The fee to restore a
registration that has been expired for more than 5 years shall be $2,000 plus
the sum of all lapsed renewal fees.
c) The fee for issuance of a Temporary Certificate of Authority due to the loss of the designated controlling person shall be $100. The fee for a subsequent 90-day extension of the Temporary Certificate shall be $50.
d) General
1) All fees paid pursuant to the Act
and this Part are non-refundable.
2) The fee for the issuance of a duplicate
registration certificate, for the issuance of a replacement registration
certificate that has been lost or destroyed, or for the issuance of a
registration certificate with a name or address change, other than during the
renewal period, shall be $25.
3)
The fee for a certification of a registrant's record for any purpose shall be
$25.
4) The fee for a decorative
wall certificate of registration shall be the cost of producing the
certificate.
5) The fee for a
roster of persons registered under the Act shall be the cost of producing the
roster.
6) The fee for a copy of
the transcript of any proceeding under the Act shall be the cost to produce the
copy.
7) The fee for certifying any
record (e.g., a copy of a disciplinary order or application) shall be $1 per
page.
8) The Division may charge an
administrative fee not to exceed $5,000, as part of a compliance agreement
issued with an administrative warning letter under Section
1452.160.
e) The AMC National Registry fee shall be payable on an annual basis at a time and in an amount set forth in Section 1452.220.
f) The late fee for failure to comply with the requirements of Section 1452.220 shall be $250.
Disclaimer: These regulations may not be the most recent version. Illinois may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.