(a)

1. (1) Appraiser credentials must be renewed each year or they will be placed on an expired status.
2. (2) Each state-licensed (SL), certified residential (CR), and certified general (CG) credential renewal is June 30 of each year.
3. (3) Each state-registered (SR) and registered apprentice (RA) credential renewal is December 31 of each year.

(b)

1. (1) Applicants may renew electronically through a State Board of Appraisers, Abstracters, and Home Inspectors-established electronic process.
2. (2) Credential holders shall file a timely and sufficient renewal application with the State Board of Appraisers, Abstracters, and Home Inspectors by the renewal date each year.
3. (3) An application shall be deemed filed on the date received by the State Board of Appraisers, Abstracters, and Home Inspectors, the date of electronic submission or, if mailed, the date postmarked, but not the date metered.

(c)

1. (1) It is the policy of the State Board of Appraisers, Abstracters, and Home Inspectors to send electronically a renewal notice to credential holders at the last email address on file with the State Board of Appraisers, Abstracters, and Home Inspectors at least sixty (60) days prior to the expiration date of the credential.
2. (2) Neither the failure of the State Board of Appraisers, Abstracters, and Home Inspectors to send such a notice nor the credential holder’s failure to receive such a notice shall excuse the requirement to timely renew and pay the renewal fee.

(g)

1. (1) During the first one hundred eighty-four (184) days of expired status, a credential holder may renew their credential by submitting the appropriate renewal form.

2. (2) This includes:

   1. (A) The payment of:

(i) Renewal fees; and

1. (ii) A late fee of fifty dollars ($50.00) per month or partial month elapsed since the renewal date; and

   1. (B) Submitting the required continuing education completion certificates.

(h)

1. (1) After one hundred eighty-five (185) days up to twelve (12) months of expired status, a credential holder may renew their credential by submitting the appropriate renewal form.
2. (2) This includes the payment of renewal fees and submitting the required continuing education completion certificates.

3. (3) This includes evidence of completion of the most recent edition of a 7-Hour National USPAP Update Course, or its Appraiser Qualifications Board-approved equivalent.

   1. (i) A credential holder who fails to reinstate their appraiser credential within twelve (12) months of the expiration date of the credential may reinstate their credential by submitting:
4. (1) The appropriate reinstatement form;
5. (2) Renewal fee; and

6. (3) Evidence of the completion of the required continuing education hours and:

   1. (A) Credential holders in an expired status must complete all required continuing education that would have been required if the credential holder was in an active status;

   2. (B)

      1. (i) Continuing education hours required are fourteen (14) hours per year for each year or partial year the credential was expired plus any continuing education hours required at the time the credential was placed on expired status.
      2. (ii) Example. Number of years expired multiplied by fourteen (14) hours plus number of hours due when credential was placed on expired status equals the total number of continuing education hours that must be submitted;
   3. (C) Evidence of completion of the most recent edition of a 7-Hour National USPAP Update Course, or its Appraiser Qualifications Board-approved equivalent must be included in those hours; and

   4. (D) A state criminal background check and a national fingerprint-based criminal background check performed by the Federal Bureau of Investigation in compliance with federal law and rule to determine if the applicant possesses a background that does not call into question public trust or the applicant’s fitness for:

      1. (i) Registration;
      2. (ii) Licensure; or
      3. (iii) Certification.

(j)

1. (1) Credential holders are not authorized to practice or to hold themselves out to the public as appraisers during the period that their appraiser credential is expired.
2. (2) Any violation of this shall be grounds for discipline.