Published: 2015-07-08
Key Benefits:
(a) The director shall adopt regulations governing the process and procedures for renewal of a license which shall include, but not be limited to, continuing education requirements, which shall be reported on the basis of four-year continuing education cycles.
(b) An applicant for renewal of a license shall be required to demonstrate his or her continuing fitness to hold a license prior to its renewal. Applicants shall also fulfill continuing education requirements established pursuant to this section and shall be required to take a minimum of four hours of federal and California appraisal related statutory and regulatory law every four years.
(c) This section shall become operative on January 1, 2013.
(Repealed (in Sec. 38) and added by Stats. 2011, Ch. 712, Sec. 39. Effective January 1, 2012. Section operative January 1, 2013, by its own provisions.)
The director shall adopt regulations for implementation of this chapter to ensure that persons engaged in appraisal activity have current knowledge of real estate appraisal theories, practices, and techniques which will provide a high degree of service and protection to the public.
(Added by Stats. 1990, Ch. 491, Sec. 1.)