(a) It is unlawful for any person, for compensation or valuable consideration, to prepare a valuation appraisal or a valuation appraisal report relating to real estate or real property in this state without first being licensed or certified as provided in this article. This section shall not be construed to apply to persons who do […]
(a) Members of the board will be immune from individual civil liability for actions taken in good faith and without malice, within the scope of their duties as board members. (b) Any person licensed or certified by this board who reports or otherwise provides evidence of violations of this article or the boards rules by […]
(a) An individual who desires to engage in real estate appraisal activity in this state shall make application for a license, in writing, on a form as the board may prescribe. (b) To assist the board in determining whether grounds exist to deny the issuance of a license to an applicant, the board may require […]
(a) The following acts or omissions are grounds for disciplinary action, and the board may refuse to issue or renew a license or certification, or after issuance may suspend or revoke a license or certification or impose disciplinary sanctions for: (1) Procuring or attempting to procure license or certification under this article by knowingly making […]
(a) The board may, upon its own motion, and shall, upon the written complaint of any aggrieved person, cause an investigation to be made with respect to an alleged violation of this article or the rules of the board. (b) The board may revoke, suspend or refuse to renew the license or certificate or otherwise […]
(a) Subject to the provisions of subsection (c) of this section, the board shall provide notice and hearing to the accused party in advance of the entry of any order. The hearing and the administrative procedures are governed by the provisions of article five, chapter twenty-nine-a of this code and the board's rules, and will […]
(a) Any person engaging in real estate appraisal activity in this state who is not licensed under this article is guilty of a misdemeanor and, upon conviction, shall be fined not less than $500 nor more than $1,000 and shall be ineligible to obtain a license for a period of one year from the date […]
No person engaged in the business of real estate appraising in this state or acting in the capacity of a real estate appraiser in this state may bring or maintain any action in any court of this state to collect compensation for the performance of real estate appraisal services for which a license is required […]
Each real estate appraiser licensed or certified under this act shall comply with generally accepted standards of professional appraisal practice and generally accepted ethical rules to be observed by a real estate appraiser. Generally accepted standards of professional appraisal practice are currently evidenced by the uniform standards of professional appraisal practice promulgated by the appraisal […]
At the request of the board, the state Attorney General shall render to the board an opinion with respect to all questions of law arising in connection with the administration of this article and shall act as attorney for the board in all actions and proceedings brought by or against the board under, or pursuant […]
(a) The board may issue a temporary permit to perform one specific assignment relating to the appraisal of real estate or real property in this state to an applicant who: (1) Completes an application;
This article is known and may be cited as the "Real Estate Appraiser Licensing and Certification Act."
As used in this article, the following terms have the following meanings: (a) “Appraisal” means an analysis, opinion, or conclusion prepared by a real estate appraiser relating to the nature, quality, value, or utility of specified interests in, or aspects of, identified real estate or identified real property. An appraisal may be classified by the […]
(a) The three classifications of real estate appraisers are state licensed residential real estate appraiser, state certified residential real estate appraiser, and state certified general real estate appraiser. (b) A state licensed residential real estate appraiser is authorized to conduct appraisals of: (1) Complex residential real estate of one to four units having a value […]
The board shall issue a reciprocal license or certification to an applicant from another state if the applicant holds a valid license or certification from a state whose licensing and certification program: (1) Is in compliance with the provisions of Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 [12 U.S.C. […]
(a) The West Virginia Real Estate Appraiser Licensing and Certification Board, which consists of nine members appointed by the Governor with the advice and consent of the Senate, is continued. (1) Each member shall be a resident of the State of West Virginia, except the appraisal management company representative is not required to be a […]
The board shall: (a) Define by rule the type of educational experience, appraisal experience and equivalent experience that will meet the statutory requirements of this article; (b) Establish examination specifications as prescribed herein and provide for appropriate examinations; (c) Establish registration requirements and procedures for appraisal management companies under the provisions of article thirty-eight-a of […]
(a) The West Virginia appraiser licensing and certification board fund established in the office of the State Treasurer is continued. (b) The disposition of all funds received by the board shall be governed by the provisions of section ten, article one of this chapter.
(a) The board may propose rules for legislative approval in accordance with the provisions of article three, chapter twenty-nine-a of this code, to provide for: (1) Licensure and certification requirements, including requirements for applications, examinations, reciprocity, temporary permits, apprentice permits and reinstatement;
