West Virginia Code of State Rules
Agency 190 - Real Estate Appraiser Licensing And Certification Board
Title 190 - LEGISLATIVE RULE WEST VIRGINIA REAL ESTATE APPRAISER LICENSING AND CERTIFICATION BOARD
Series 190-05 - Requirements for Registration and Renewal of Appraisal Management Companies
Section 190-5-7 - Schedule of Fees

Universal Citation: 190 WV Code of State Rules 190-5-7

Current through Register Vol. XLI, No. 38, September 20, 2024

7.1 All fees for registration and application are non-refundable.

7.2. The fees charged by the board are as follows:

7.2.a. Application fee of five hundred dollars ($500);

7.2.b. Registration fee of two thousand dollars ($2,000);

7.2.c. Registration renewal fee of two thousand dollars ($2,000);

7.2.d. Delinquent renewal fee of two hundred fifty dollars ($250) per month for each delinquent month;

7.2.e. Change of address or business name fee of one hundred dollars ($100);

7.2.f. Change of contact person fee of one hundred dollars ($100);

7.2.g. Change of controlling person fee of one hundred dollars ($100);

7.2.h. Change of 50% ownership application fee of two hundred dollars ($200);

7.2.i. Certificate of good standing fee of twenty five dollars ($25);

7.2.j. Administrative fee for copying and scanning of fifty cents ($.50) per page; and

7.2.k. A duplicate wall registration certificate fee of twenty five dollars ($25).

7.3. The board shall collect from each appraisal management company an annual registry fee established by the Appraisal Subcommittee and shall annually submit the registry fees to the Federal Financial Institutions Examination Council.

7.4. Payment of application fees shall be made by certified check, bank check or money order payable to the board.

7.5. The board shall deposit all fees and revenues collected pursuant to this rule in a special fund that the board shall use solely for the purposes of administration and enforcement of its duties pursuant to W.Va. Code §§ 30-1-10 and 30-38A-1 et seq.

7.6. In the event that the board asks an applicant to provide further information necessary to complete the application and the applicant fails to submit such information within 90 days following the board's request, the board shall cancel the applicant's application and the application fee shall be retained by the board.

Disclaimer: These regulations may not be the most recent version. West Virginia 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.
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