1. (a) Types of fees.

   1. (1) The following fees shall be paid for applications and for the issuance of original and renewal licenses and certificates and for other purposes and activities of the State Board of Appraisers, Abstracters, and Home Inspectors:

      1. (A) Application fee, one hundred twenty-five dollars ($125);
      2. (B) State-licensed, certified residential, and certified general appraiser, three hundred dollars ($300) (annual)*;
      3. (C) Temporary practice permit, one hundred fifty dollars ($150) (six (6) months);
      4. (D) Nonresident credential, three hundred dollars ($300) (annual)*;
      5. (E) Application fee (SR and RA), two hundred dollars ($200)*;
      6. (F) Renewal fee (SR and RA), two hundred dollars ($200)*;
      7. (G) Delinquent fees, fifty dollars ($50.00) (monthly);
      8. (H) Qualifying education course or seminar approval, one hundred dollars ($100);
      9. (I) Continuing education course or seminar approval, one hundred dollars ($100); and
      10. (J) National registry fee (set by ASC), forty dollars ($40.00) (annual).
   2. (2) *Pursuant to Arkansas Code § 17-14-203(10), registration and licensing fees may be reviewed and adjusted annually by the board as deemed necessary for its effective operation but shall in no way exceed three hundred dollars ($300) annually.

2. (b) Payment of fees.

   1. (1) All fees shall be paid by cashier’s check, money order, or personal check made payable to the board, unless paying through the board’s electronic licensing platform.
   2. (2) All fees are nonrefundable except in special circumstances when a refund petition has been submitted to the board and the board consents to the request.
   3. (3) No license or certification fee of any classification or any portion of a fee will be refunded should any certificate or license be surrendered, suspended, or revoked during the term for which the license or certificate is issued.

   4. (4)

      1. (A) The initial application fee is acceptable for the first three (3) attempts at passing the examination.
      2. (B) Upon successful completion of the examination, the application fee will be applied toward the appropriate license or certification fee.
3. (c) Delinquency provision. Any credential holder who fails to pay their annual renewal fees or meet the required continuing education on or before the renewal deadline shall be notified that their registration, license, or certificate is expired.

Codification Notes: “SR” means to state-registered. "RA" means registered apprentice. "ASC" means Appraisal Subcommittee of the Federal Financial Institutions Examination Council.