Agencies | Governor
Virginia Regulatory Town Hall

Final Text

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Action:
2021 Temporary Fee Reduction
Stage: Final
 
18VAC130-20-130 Fees for renewal and reinstatement

A. All fees are nonrefundable.

B. National Registry fee assessment. In accordance with the requirements of § 1109 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, $80 of the biennial renewal or reinstatement fee assessed for all certified general real estate appraisers, certified residential and licensed residential real estate appraisers shall be submitted to the Appraisal Subcommittee. The registry fee may be adjusted in accordance with the Act and charged to the licensee.

Renewal and reinstatement fees for a certified general real estate appraiser, a certified residential real estate appraiser, a licensed residential real estate appraiser and an appraiser trainee include a $37.50 fee for a copy of the Uniform Standards of Professional Appraisal Practice. This fee is subject to the fee charged by the Appraisal Foundation and may be adjusted and charged to the applicant in accordance with the fee charged by the Appraisal Foundation.

C. Renewal fees are as follows:

Certified general real estate appraiser

$205

Certified residential real estate appraiser

$205

Licensed residential real estate appraiser

$205

Appraiser trainee

$125

Registered business entity

$120

Certified instructor

$150

For licenses expiring on February 28, 2018 May 31, 2021, and before February 1, 2020 May 1, 2023, the renewal fees are as follows:

Certified general real estate appraiser

$150 $140

Certified residential real estate appraiser

$150 $140

Licensed residential real estate appraiser

$150 $140

Appraiser trainee

$70 $60

Registered business entity

$60 $25

Certified instructor

$75 $25

D. Reinstatement fees are as follows:

Certified general real estate appraiser

$385

Certified residential real estate appraiser

$385

Licensed residential real estate appraiser

$385

Appraiser trainee

$250

Registered business entity

$280

Certified instructor

$300

For licenses expiring on February 28, 2018 May 31, 2021, and before February 1, 2020 May 1, 2023, the reinstatement fees shall be as follows:

Certified general real estate appraiser

$330 $320

Certified residential real estate appraiser

$330 $320

Licensed residential real estate appraiser

$330 $320

Appraiser trainee

$165 $155

Registered business entity

$220 $185

Certified instructor

$225 $25

18VAC130-20-250 Reapproval of courses required

Approval letters issued under this chapter for educational offerings shall expire two years from the last day of the month in which they were issued, as indicated in the approval letter. The reapproval fee shall be equivalent to the original approval fee specified in 18VAC130-20-240. For courses expiring on February 28, 2018 May 31, 2021, and before February 1, 2020 May 1, 2023, the course reapproval fee shall be $75 $25.