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235.03.2-IX. Non-Resident Registration and/or Licensing: Reciprocity

AR ADC 235.03.2-IXArkansas Administrative CodeEffective: October 2, 2020

West's Arkansas Administrative Code
Title 235. Arkansas Department of Labor and Licensing
Division 3. Arkansas Appraiser Licensing and Certification Board
Rule 2. Arkansas Appraiser Licensing and Certification Board Rules
Effective: October 2, 2020
Ark. Admin. Code 235.03.2-IX
Formerly cited as AR ADC 151.00.1-VII;  AR ADC 151.00.1-VIII
235.03.2-IX. Non-Resident Registration and/or Licensing: Reciprocity
Currentness
“Reciprocity” is a type of appraiser credential which allows an appraiser from another jurisdiction to complete an appraisal assignment in this State. A reciprocal credential is issued to qualified applicants for a period not to exceed twelve (12) months from the date of issuance. Only nonresident licensed or certified appraisers may apply for reciprocity. A reciprocal credential may be renewed each year.
Reciprocity Appraiser Requirements
A. A non-resident appraiser planning to develop an appraisal assignment in Arkansas for a federally related transaction must first apply for a state license or certification. In the case of a non-federally related transaction, the appraiser shall apply to be registered, licensed, or certified in advance of initiating the appraisal assignment as a non-resident appraiser. Only non-resident licensed or certified appraisers may apply for Reciprocity.
Non-Resident appraisers applying for state registered appraiser or registered apprentice appraiser status shall, in addition to meeting the same requirements and utilizing the same forms as those required for Arkansas residents, include a notarized Consent for Service of Legal Process affidavit.
B. Reciprocity may be obtained by non-residents of this State through recognition of another jurisdiction's program of licensing and certification in accordance with A. C. A. § 17-14-306.
1. A person licensed or certified as a real property appraiser by another jurisdiction may register with the Board to qualify to appraise real property in Arkansas if:
a. The Reciprocal applicant is currently in good standing as an appraiser in every jurisdiction where he/she is credentialed. The appraiser's National Registry information found on the Appraisal Subcommittee's website may be used in determining the appraiser's licensing and disciplinary history.
b. The applicants background meets Board's qualifications. A new Reciprocal applicant or a Reciprocal applicant whose credential has been inactive for more than twelve (12) months must submit to a state criminal record check conducted by the Arkansas State Police and a nationwide criminal record check conducted by the Federal Bureau of Investigation, including the taking of fingerprints.
C. A person wishing to be credentialed under this section must:
1. Submit an application for a Reciprocal credential on a form approved by the Board, found on the Board's website;
2. Submit an irrevocable consent to service of process in this State on a form approved by the Board, found on the Board's website;
3. Pay the required fees; and
4. Provide all supporting documentation or information requested by the Board in connection with the application for reciprocity.
D. The term of a Reciprocal credential shall be for no more than twelve (12) months. Renewal may be accomplished by submitting evidence of the completion of fourteen (14) hours of continuing education, a renewal form, and the appropriate fees. The appraiser's National Registry information found on the Appraisal Subcommittee's website may be used in determining the appraiser's licensing and disciplinary history.

Credits

Amended Dec. 13, 2014; Dec. 30, 2019; Oct. 2, 2020.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 235.03.2-IX, AR ADC 235.03.2-IX
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