24.207.401    FEES

(1) The following fees shall apply to all licensed and certified real estate appraisers, trainees, and applicants. Fees are not refundable or transferable. Fees are not prorated for portions of the year.

(a) original license application by examination $238

(b) temporary practice permits for out-of-state licensed or certified appraisers 125

(c) course approval per course payable by course provider 150

(d) course renewal approval per course 150

(e) upgrade fee 150

(f) appraiser national registry fee 40

(g) inactive renewal license fee 125

(h) reciprocal license application 238

(i) license or certification renewal fee 225

(j) original trainee license 200

(k) trainee renewal fee 200

(l) mentor endorsement application fee 100

(m) reactivation fee (inactive to active status) 113

(2) The following fees apply to registered appraisal management companies and applicants for registration. Fees are not refundable or transferable. Fees are not prorated for portions of the year.

(a) original application and license fee 1000

(b) application for change of controlling person or contact person 125

(c) renewal fee for appraisal management company 500

(d) fee for filing amended appraiser panel list 25

(e) application to change business structure with addition or substitution of an owner 125

(f) application to change business structure without addition or substitution of an owner 23

(g) An appraisal management company shall, with each renewal of its registration, pay a fee for the AMC national registry of $25 multiplied by the number of appraisers performing an appraisal in a covered transaction for the AMC during the previous year. A year for this purpose is September 1 through August 31.

(h) All audited registered appraisal management companies shall pay an audit fee in the amount of $450 within 30 days of receiving notification of selection for audit.

(3) Additional standardized fees are specified in ARM 24.101.403.

 

History: 37-1-131, 37-1-134, 37-54-105, MCA; IMP, 37-1-131, 37-1-134, 37-1-141, 37-54-105, 37-54-112, 37-54-212, 37-54-302, 37-54-310, MCA; NEW, 1991 MAR p. 1924, Eff. 10/18/91; AMD, 1992 MAR p. 1612, Eff. 7/31/92; AMD, 1993 MAR p. 2775, Eff. 11/25/93; AMD, 1994 MAR p. 1584, Eff. 6/10/94; AMD, 1997 MAR p. 308, Eff. 2/11/97; AMD, 1999 MAR p. 1657, Eff. 7/23/99; AMD, 2000 MAR p. 3521, Eff. 12/22/00; TRANS, from Commerce, 2001 MAR p. 1331; AMD, 2002 MAR p. 911, Eff. 3/29/02; AMD, 2004 MAR p. 79, Eff. 1/16/04; AMD, 2006 MAR p. 765, Eff. 3/24/06; AMD, 2006 MAR p. 1583, Eff. 7/1/06; AMD, 2007 MAR p. 203, Eff. 2/9/07; AMD, 2008 MAR p. 2272, Eff. 10/24/08; AMD, 2009 MAR p. 1800, Eff. 10/16/09; AMD, 2011 MAR p. 577, Eff. 4/15/11; AMD, 2011 MAR p. 2401, Eff. 11/11/11; AMD, 2014 MAR p. 3064, Eff. 12/25/14; AMD, 2016 MAR p. 217, Eff. 2/6/16; AMD, 2019 MAR p. 53, Eff. 1/12/19; AMD, 2023 MAR p. 1095, Eff. 9/23/23.