§ 522F.4 — Appraisers — licensure, license renewal, and fees

Iowa § 522F.4

• Jurisdiction: Iowa
• Title XIII: COMMERCE
• Ch. 522F: LICENSING AND REGULATION OF APPRAISERS AND UMPIRES

Text

1. A person who meets the requirements under section 522F.3, unless otherwise denied
licensure pursuant to section 522F.20, shall be issued an appraiser license that is valid for two
years from the date of issue.
2. Thefeeforacriminalhistorycheckshallbethesameasanyapplicablefeeforacriminal
history check pursuant to section 522B.5A.
3. The fee for an initial appraiser license, or renewal of an appraiser license, shall be fifty
dollars for a two-year license. An applicant who concurrently applies for both an appraiser
license, and a license as an adjuster under chapter 522C, shall only be required to pay the fee
required under this chapter or the fee required under chapter 522C.
4. The fee for reinstatement of an expired appraiser license shall be one hundred dollars.
5. The fee for a reinstatement or reissuance of an appraiser license suspended or revoked
due to a disciplinary action shall be one hundred dollars.
6. An appraiser’s license shall contain the licensee’s name, business address, appraisal
license number, the date of issuance, the expiration date, and any other information the
division deems necessary.
7. An appraiser licensed under this chapter shall be required to complete continuing
education requirements, as prescribed by the division, to be eligible for license renewal or
reinstatement.
8. An appraiser licensed under this chapter shall inform the division, in the manner and
form specified by the division, of a change of legal name or business address within thirty
calendar days of the change. Failure to timely inform the division may result in a penalty as
specified in section 522F.20.
9. The division shall publish an appraiser list on the division’s internet site in a manner
readily available to the public. The appraiser list shall include all of the following information
for each licensed appraiser:
a. Thebusinesstelephonenumber, businessmailingaddress, businessemailaddress, and
the county and state of residence of the appraiser as provided to the division by the appraiser
for licensure.
b. The appraiser’s area of training or expertise.
c. The date of the appraiser’s initial licensure and the date the license expires.
10. Prior to approving a business entity’s application for a license as an appraiser, the
commissioner shall find that the business entity has designated an individual appraiser
§522F.4, LICENSING AND REGULATION OF APPRAISERS AND UMPIRES 4
licensed in this state to be responsible for the business entity’s compliance with the insurance
laws and rules of this state.