Title XXVI, Occupations and Professions

impression of certification or licensure prohibited -- Powers of certified or licensed appraiser -- Appraiser for Transportation Cabinet -- Prohibition against certain activities by unlicensed persons -- Application of chapter. (1) It shall be unlawful, unless certified or licens…

licensure. (1) The board shall promulgate administrative regulations pursuant to this chapter and in accordance with KRS Chapter 13A for certification or licensure of appraisers who perform appraisals of real property in federally related transactions. Requirements established by…

(1) All applications for certification or licensure shall be made in writing to the board and shall specify the classification of the certificate or license being applied for by the applicant, and shall contain all information required by the board. (2) Applicants for certificati…

(1) The board shall issue to each qualified applicant a certificate or license in form and size as shall be prescribed by the board. (2) Every certificate and license shall be subject to biennial renewal on the date or dates determined by the board by administrative regulation. E…

(1) (a) Upon written request, any certificate holder or licensee may request to place his or her certificate or license in inactive status for a period not to exceed three (3) years. (b) The written request shall be made by completing a signed and sworn affidavit on a form approv…

disciplinary action -- Minimum standard of conduct and performance -- Petition for reinstatement. (1) The board may refuse to issue, refuse to renew, suspend, or revoke a certificate or license, reprimand, admonish, place on probation, or impose a fine up to two thousand dollars …

(1) Any person or organization, including the board upon its own volition, may file with the board a written complaint alleging a violation of any provision of this chapter. Complaints shall be filed with the board within one (1) year after the date of transmittal of the appraisa…

appraiser or appraisal management company. Notwithstanding any statutory provision to the contrary: (1) An action for damages, whether brought in contract or tort, or on any other basis, against a certified or licensed real property appraiser or appraisal management company shall…

(1) The board shall establish by administrative regulation the fee amounts for all fees required by this section and the fees for services provided by the board, which shall not exceed amounts necessary to generate sufficient funds to effectively carry out and enforce this chapte…

If, in the determination by the board, another state is deemed to have substantially equivalent or greater certification or licensure requirements for real property appraisers, an applicant who is certified or licensed under the laws of another state seeking to practice in this s…

KRS 324A.010 to 324A.100 may be cited as the Real Property Appraisal Voluntary Certification Act.

Any person who is not a licensed or certified real property appraiser who engages in an activity described in KRS 324A.030, shall be guilty of a Class A misdemeanor. Each violation should be regarded as a separate offense.

certification as real property appraiser. (1) The Kentucky Real Property Appraisers Board shall require a national and state criminal background check for each initial application to be a licensed or certified real property appraiser under the following requirements: (a) The appl…

As used in KRS 324A.150 to 324A.164, unless the context otherwise requires: (1) "Appraisal management company" means a person who performs the actions necessary to administer a network of state-licensed appraisers to fulfill requests for appraisal management services on behalf of…

background checks -- Annual renewal of registration -- Administrative regulations. (1) A person shall not act or offer to act as an appraisal management company or perform appraisal management services within the Commonwealth unless registered by the board. (2) To be registered b…

by administrative regulations. The board shall promulgate administrative regulations in accordance with KRS Chapter 13A to establish a reasonable filing fee to be paid by each appraisal management company seeking registration under KRS 324A.152. The filing fee shall include the a…

(1) There is hereby created and established in the State Treasury the appraisal management company recovery fund. The fund shall be administered by the board for the purposes set forth in KRS 324A.163. (2) In addition to the license fees provided for in KRS 324A.154, upon issuanc…

(1) A registrant that is an organization shall: (a) Maintain a registered agent for service of process; and (b) Provide to the board the information required by the Secretary of State concerning the organization's agent for service of process. If changes are made to the informati…

(1) An employee, director, officer, or agent of an appraisal management company or any other third party acting as a joint venture partner with or as an independent contractor for an appraisal management company shall not improperly influence or attempt to improperly influence th…

(1) The executive director of the board shall keep a register of all applicants for registration which shall include: (a) The date of the application; (b) The applicant's name; (c) The applicant's business address; and (d) The current status of the registration. (2) The register …

(1) The board may deny, suspend, revoke, or refuse to issue or renew the registration of an appraisal management company, or may restrict or limit the activities of an appraisal management company or of a person who owns an interest in or participates in the business of an apprai…

Restitution to real property appraisers -- Administrative regulations -- Annual public statement of income and expenses. (1) The board shall administer the appraisal management company recovery fund solely to provide restitution to each Kentucky licensed or certified real propert…

Unless otherwise required to be registered as an appraisal management company by state or federal law, KRS 324A.150 to 324A.164 shall not apply to: (1) The federal government, state government, any county or municipal government, or any agency or instrumentality thereof; (2) A pe…