Legislation
SECTION 160-GGGG
Fees
Executive (EXC) CHAPTER 18, ARTICLE 6-H
§ 160-gggg. Fees. 1. The department shall collect a fee of two hundred
fifty dollars for a certificate of registration issued or reissued under
the provisions of this article. Additionally, the department shall
assess twenty-five dollars for each appraiser added to an appraisal
management company's appraiser panel.
2. The department shall collect from each appraisal management company
seeking to be registered, the amount determined by the appraisal
subcommittee to be a national registry fee for each appraiser, that
performs appraisal services within New York on the appraiser panel of an
appraisal management company pursuant to Section 1109(a)(4) of the
federal Financial Institutions Reform, Recovery, and Enforcement Act of
1989 as amended by the Dodd-Frank Wall Street Reform and Consumer
Protection Act of 2010. The department may transmit the annual registry
fee to the appraisal subcommittee. The department shall provide its
roster of appraisal management companies to the appraisal subcommittee.
These transmittals shall occur at least annually.
3. Except for changes made on a renewal application, appraisal
management companies shall provide the department with notice of a
change in the appraisal management's principal address. Change of
address notifications shall be accompanied by a fee of ten dollars.
4. Except for changes made on a renewal application, the department
shall collect a fee of ten dollars for changing a name on a certificate
of registration.
5. In lieu of the fee set forth in subdivision one of this section,
the department shall collect a fee of three hundred fifty dollars to
reissue a certificate of registration under this article which was
submitted after the expiration of the immediately preceding registration
term.
fifty dollars for a certificate of registration issued or reissued under
the provisions of this article. Additionally, the department shall
assess twenty-five dollars for each appraiser added to an appraisal
management company's appraiser panel.
2. The department shall collect from each appraisal management company
seeking to be registered, the amount determined by the appraisal
subcommittee to be a national registry fee for each appraiser, that
performs appraisal services within New York on the appraiser panel of an
appraisal management company pursuant to Section 1109(a)(4) of the
federal Financial Institutions Reform, Recovery, and Enforcement Act of
1989 as amended by the Dodd-Frank Wall Street Reform and Consumer
Protection Act of 2010. The department may transmit the annual registry
fee to the appraisal subcommittee. The department shall provide its
roster of appraisal management companies to the appraisal subcommittee.
These transmittals shall occur at least annually.
3. Except for changes made on a renewal application, appraisal
management companies shall provide the department with notice of a
change in the appraisal management's principal address. Change of
address notifications shall be accompanied by a fee of ten dollars.
4. Except for changes made on a renewal application, the department
shall collect a fee of ten dollars for changing a name on a certificate
of registration.
5. In lieu of the fee set forth in subdivision one of this section,
the department shall collect a fee of three hundred fifty dollars to
reissue a certificate of registration under this article which was
submitted after the expiration of the immediately preceding registration
term.