Current through Register Vol. 6, March 22, 2024
(1) The following
fees shall apply to all licensed and certified real estate appraisers,
trainees, and applicants. Fees are not refundable or transferable. Fees are not
prorated for portions of the year.
(a)
original license application by examination $ 238
(b) temporary practice permits for
out-of-state licensed or certified appraisers 125
(c) course approval per course payable by
course provider 150
(d) course
renewal approval per course 150
(e)
upgrade fee 150
(f) appraiser
national registry fee 40
(g)
inactive renewal license fee 125
(h) reciprocal license application
238
(i) license or certification
renewal fee 225
(j) original
trainee license 200
(k) trainee
renewal fee 200
(l) mentor
endorsement application fee 100
(m)
reactivation fee (inactive to active status) 113
(2) The following fees apply to registered
appraisal management companies and applicants for registration. Fees are not
refundable or transferable. Fees are not prorated for portions of the year.
(a) original application and license fee
1000
(b) application for change of
controlling person or contact person 125
(c) renewal fee for appraisal management
company 500
(d) fee for filing
amended appraiser panel list 25
(e)
application to change business structure with addition or substitution of an
owner 125
(f) application to change
business structure without addition or substitution of an owner 23
(g) An appraisal management company shall,
with each renewal of its registration, pay a fee for the AMC national registry
of $25 multiplied by the number of appraisers performing an appraisal in a
covered transaction for the AMC during the previous year. A year for this
purpose is September 1 through August 31.
(h) All audited registered appraisal
management companies shall pay an audit fee in the amount of $450 within 30
days of receiving notification of selection for audit.
(3) Additional standardized fees are
specified in ARM
24.101.403.
AUTH:
37-1-131,
37-1-134,
37-54-105, MCA; IMP:
37-1-131,
37-1-134,
37-1-141,
37-54-105,
37-54-112,
37-54-212,
37-54-302,
37-54-310,
MCA.
