Iowa Code Title XIII. Commerce [Chs. 505-554D] § 522F.4. Appraisers--licensure, license renewal, and fees

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. The fee for a criminal history check shall be the same as any applicable fee for a criminal 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:

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 licensed in this state to be responsible for the business entity's compliance with the insurance laws and rules of this state.