(1) Applicants for licensure or a temporary practice permit must submit a complete application provided by the department, electronically or by paper, including appropriate fees and all required documentation.

(2) An applicant for licensure may qualify in one of two methods, either by examination or reciprocity.

(3) To qualify for licensure by examination, the applicant must complete the following requirements:

(a) An examination pursuant to ARM 24.207.501;

(b) Qualifying education for:

(i) a licensed real estate appraiser pursuant to ARM 24.207.505;

(ii) a certified residential appraiser pursuant to ARM 24.207.506; or

(iii) a certified general appraiser pursuant to ARM 24.207.507.

(c) Qualifying experience pursuant to ARM 24.207.503, 24.207.508, and 24.207.509;

(d) Applications will be reviewed for compliance with board law and rules and the applicant shall be notified in writing of any discrepancies or incompleteness in the application or required documentation. The board may request additional information or clarification of information provided in the application as it deems reasonably necessary; 

(e) The board will select a representative sample of the applicant's work product from the experience log.

(f) The applicant shall correct any deficiencies and submit required material within 60 days of notice with no additional application fee. Failure to submit the required materials will be treated as a voluntary withdrawal. After voluntary withdrawal, an applicant will be required to submit an entirely new application to begin the process again;

(g) All examination applications are considered nonroutine and must be reviewed by the board; and

(h) Incomplete applications, whether missing information or documentation will not be scheduled for a board meeting. Applications including the appraisal review must be completed for board review at least 15 days prior to the scheduled board meeting or the application will be referred to the next scheduled board meeting.

(4) To qualify for licensure by reciprocity, the applicant must:

(a) have a current and unencumbered license in a jurisdiction where the appraisers are approved by the ASC as eligible to perform appraisals for federally related transactions or a jurisdiction that is in compliance with the ASC standards;

(b) have no current or pending disciplinary action against any other licenses the applicant holds; and

(c) be listed as AQB compliant on the ASC national registry.

(5) To qualify for a temporary practice permit, the applicant must:

(a) complete the appropriate application and submit fees; and

(b) have an active status with the ASC national registry.

(6) The applicant shall correct any deficiencies and submit required material within 60 days of notice with no additional application fee. Failure to submit materials will be treated as a voluntary withdrawal. After voluntary withdrawal, an applicant will be required to submit an entirely new application to begin the process again.

(7) A nonroutine reciprocal applicant shall make application on forms provided by the board and pay any applicable fee.

(a) The board or its designee shall select appraisal reports from the experience log of all applicants. The appraisal reports requested shall be commensurate with the level of licensure sought:

(i) licensure level - single unit residential appraisal reports are required;

(ii) certified residential - two- to four-unit income-producing residential appraisal reports with all three approaches to value are required; and

(iii) general certification - nonresidential report with all three approaches to value are required.

(b) The applicant shall correct any deficiencies and submit required material within 60 days of notice with no additional application fee. Failure to submit materials will be treated as a voluntary withdrawal. After voluntary withdrawal, an applicant will be required to submit an entirely new application to begin the process again.

(8) A routine reciprocal applicant shall make application on forms provided by the board and pay any applicable fee.

(9) The board will not issue a license if an applicant has had a license or certification revoked in any jurisdiction within the five-year period preceding the date of application in this state.