New Hampshire Code of Administrative Rules
Rab - Real Estate Appraiser Board
Chapter Rab 400 - CONTINUED STATUS
Part Rab 402 - Revocation, suspension, and other sanctions
Section Rab 402.04 - Suspension

Universal Citation: NH Admin Rules Rab 402.04

Current through Register No. 40, October 3, 2024

(a) "Suspension" means the temporary withdrawal of any specially-conferred rights, authority, or privileges that were granted to an appraiser through RSA 310-B.

(b) The sanction of suspension shall apply in those cases in which the board determines that at least one of the following is true:

(1) An appraiser has, for a third time, engaged in willful acts that are intended to:
a. Mislead someone who has a right to rely upon the appraisal; or

b. Influence the value of the subject property in such a way as to favor the client's interests;

(2) An appraiser has, for the third time, violated a competency requirement;

(3) An appraiser has, for the second or subsequent time, failed to disclose assistance provided by others; or

(4) An appraiser's license to practice real estate appraisal in any other state has been suspended.

(c) The minimum period for suspension shall be that amount of time necessary for the appraiser to take corrective action ordered by the board and return to compliance. Suspension shall have no effect upon the expiration of licensure or certification. Specifically, suspension shall not cause expiration to be advanced or delayed.

(d) Upon receipt of a suspension order from the board, the appraiser shall immediately cease holding themselves out to the public as an appraiser. Further, such appraiser shall immediately cease engaging in any act for which licensure or certification is required until the board grants reinstatement pursuant to (f), below.

(e) Failure to comply with (d) above, shall constitute separate grounds for further disciplinary action.

(f) An appraiser seeking reinstatement shall petition the board, providing documentation of all corrective actions taken. The board shall review the petition and supporting documentation and grant the petition if it determines that all corrective action ordered by the board has, in fact, been taken and the appraiser has returned to compliance.

#9018, eff 11-1-07; ss by #10270, eff 2-2-13 (from Rab 402.03)

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