N.Y. Executive Law 160-O – Renewal certificate or license
§ 160-o. Renewal certificate or license. 1. a. To obtain a recertification as a state certified real estate appraiser, or a renewal of license as a state licensed real estate appraiser, the holder of a current, valid certificate or license shall make application and pay the prescribed fee to the department not earlier than one hundred twenty days nor later than thirty days prior to the expiration date of the certificate or license then held. With the application for recertification or renewal of license, the state certified real estate appraiser or state licensed real estate appraiser shall present evidence in the form prescribed by the department of having completed the continuing education requirements, if any, for renewal specified in this article.
Terms Used In N.Y. Executive Law 160-O
- Department: shall mean the department of state. See N.Y. Executive Law 160-A
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Real estate: means an identified parcel or tract of land, including improvements, if any. See N.Y. Executive Law 160-A
- State certified real estate appraiser: means a person who develops and communicates real estate appraisal and who holds a current, valid certificate issued to him or her for either general or residential real estate under the provisions of this article. See N.Y. Executive Law 160-A
- State licensed real estate appraiser: means a person who develops and communicates real property appraisals and who holds a current valid license issued to him or her for residential real property under the provisions of this article. See N.Y. Executive Law 160-A
- State licensed real estate appraiser assistant: means a person who assists and is supervised by a state certified real estate appraiser and who holds a current valid license issued to him or her under the provisions of this article. See N.Y. Executive Law 160-A
b. If the department determines that an applicant has failed to meet the requirements for renewal of certification or licensing through mistake, misunderstanding or circumstances beyond the control of the applicant, the department may extend the term of the certificate or license for a period not to exceed six months, upon payment by the applicant of the prescribed fee for the extension.
c. If the applicant satisfies the requirements for renewal during the extended term of certification or license, the beginning date of the new renewal certificate or license shall be the day following the expiration of the certificate or license previously held by the applicant.
2. If a person fails to renew a certificate as a state certified real estate appraiser, or license as a state licensed real estate appraiser, prior to its expiration or within a period of extension granted by the department pursuant to this article, the person may obtain a recertification or renewal of license by satisfying all of the requirements for renewal and by the payment of a late renewal fee.
3. The license of a state licensed real estate appraiser assistant may be renewed in accordance with the provisions of subdivisions one and two of this section.