82B.08 LICENSING REQUIREMENTS.
Subdivision 1. Generally.
The commissioner shall issue a license as a real estate appraiser to
a person who qualifies for the license under the terms of this chapter.
Subd. 2. Qualification of applicants.
An applicant must be at least 18 years of age when
Subd. 3. Application for license; contents.
(a) An applicant for a license must apply in
writing upon forms prescribed by the commissioner. Each application must be signed and sworn
to by the applicant and must be accompanied by the license fee required by this chapter.
(b) An application must contain information required by the commissioner consistent with
the provisions and purposes of this chapter.
(c) An application must give the applicant's name, age, residence address, and the name
and place of business.
(d) The commissioner may require additional information the commissioner considers
appropriate to administer this chapter.
(e) When filing an initial application or application for renewal for a license, the applicant
shall state that the person agrees to comply with the standards set forth in this chapter and that the
person understands the types of misconduct for which disciplinary proceedings may be started
against a licensed real estate appraiser.
(f) The application for original licensing, renewal licensing, and examination must specify
the classification of licensing being applied for and previously granted.
Subd. 4. Effective date of license.
Initial licenses issued under this chapter are valid for a
period not to exceed two years. The commissioner shall assign an expiration date to each initial
license so that approximately one-half of all licenses expire each year. Each initial license must
expire on August 31 of the expiration year assigned by the commissioner.
Subd. 5. Renewals.
(a) Licenses renewed under this chapter are valid for a period of 24
months. Persons whose applications have been properly and timely filed who have not received
notice of denial of renewal are considered to have been approved for renewal and may continue to
transact business as a real estate appraiser whether or not the renewed license has been received
on or before September 1 of the renewal year. Application for renewal of a license is considered
to have been timely filed if received by the commissioner by, or mailed with proper postage and
postmarked by, August 1 of the renewal year. Applications for renewal are considered properly
filed if made upon forms duly executed and sworn to, accompanied by fees prescribed by this
chapter and containing information the commissioner requires.
(b) Persons who have failed to make a timely application for renewal of a license and who
have not received the renewal license as of September 1 of the renewal year are unlicensed until
the time the license has been issued by the commissioner and is received.
Subd. 6. Notice.
Notice in writing must be given to the commissioner by each licensee of
any change in personal name, trade name, address or business location not later than ten days
after the change. The commissioner shall issue a new license if required for the unexpired period.
Subd. 7. Nonresidents.
A nonresident of Minnesota may be licensed as a real estate
appraiser upon compliance with all provisions of this chapter.
History: 1989 c 341 art 1 s 8; 1994 c 632 art 4 s 39,40