The Republic of Latvia Cabinet of Ministers of 15 February, Regulation No 60 (Riga. No 8, § 17) real estate appraiser's license (certificate of professional qualifications) order of receipt issued in accordance with the law of mortgage bonds of i. Article 15 General questions 1. these provisions define the real estate appraiser license (certificate of professional qualifications) (hereinafter certificate) the receiving order.
2. A certificate of professional qualification of the person to determine the real estate market value, issued by the Latvian property valuers Association (hereinafter Association) the Certification Commission's recommendation.
3. the Association's records in accordance with these rules-certified evaluator.
II. requirements for applicants and certificate required documents 4. a Person may obtain a certificate if it meets the following requirements: 4.1 a person has acquired higher education and graduated from vocational training courses in real estate evaluation or obtained the diploma of vocational education institution real estate valuation specialty;
4.2. the assessed real estate according to international property valuation standards (published in the newspaper "Gazette");
4.3. the person is at least three years work experience in the valuation of real estate.
5. A Person who has acquired the necessary education, but which does not have three years of work experience in the valuation of real estate, is seen as a real estate appraiser Assistant (Assistant). That person register with the Association, which confirms her supervisor. After gaining experience required Assistant may be eligible for a certificate.
6. the certificate can not get the person who has committed a criminal offence and a criminal record is not deleted or removed in accordance with the procedure prescribed by law.
7. a Person wishing to obtain a certificate (hereinafter applicant) shall submit a certification to the Commission the following documents: 7.1 application;
7.2. a copy of the Passport (the presentation of the original or notarized copy);
7.3. a copy of the document (the presentation of the original or notarized copy);
7.4. Description of professional activities;
7.5. last year the real estate valuation work (hereinafter "assessment of the work);
7.6. the two recommendations of the evaluators of certified;
7.7. personal proof that it has not made a criminal offence, the criminal record is deleted or removed in accordance with the procedure prescribed by law.
III. the Certification Commission 8. Certification Commission principles and composition determine the Council of Association shall be approved. The Certification Commission is made up of seven members: three suitably qualified real estate valuation experts, three representatives of the public authorities (one representative of the State land service, the Ministry of finance and the Ministry of the economy) and a representative of the Association. The Certification Commission is valid if its meeting at least four members of the Commission.
9. certification the Commission adopts decisions on granting, cancellation of certificates, and the extension of the period of validity of the certificate suspension.
10. After the documentation submitted by the applicant for Certification Commission of the assessment work list select the check four things, be submitted to the Certification Commission within 10 days from the date of receipt of the notification. Certification Commission designated reviewers selected by the Commission evaluation work quality testing.
11. After receipt of the opinion of the reviewer, the work of the evaluation, the quality of the Certification Commission determines which of the four evaluation works submitted to the applicant must be defended, and notify the applicant.
12. If the assessment work is defending successfully, the applicant shall keep written examination real estate evaluation theory test.
13. the decision on the award of the certificate, the Certification Commission adopted a closed meeting by a simple majority after the applicant's theoretical knowledge examination. If the Certification Commission members sharing similar votes, the Chairman shall have a casting vote.
IV. the refusal to grant a certificate 14.  The Association may refuse to grant a certificate, if the applicant does not meet this 14.1.: the rule in paragraph 4;
14.2. If, without justification, not to the Certification Commission.
15. If the applicant received a refusal of the confirmatory application, the certificate he can present after six months, but no more than three times in two years.
V. information appearing on the Certificate and the validity period of the certificate the certificate shall indicate: 16 16.1. certification authority's full name;
16.2. the certified persons name, surname and personal code;
16.3. certified;
16.4. the date of the certificate;
16.5. the period of validity of the certificate;
16.6. the registry number of the certificate.
17. the certificate is granted for three years.
Vi. the extension of the period of validity of the certificate, the suspension, cancellation and recognition invalid of 18. If the Certification Commission handed down its decision, the Association is entitled to the period of validity of the certificate be extended for three years by a certified individual's examinations in accordance with these rules.
19. on the basis of the Certification Commission's decision, the Association is entitled to revoke the certificate, the certificate's activities be suspended for a period of up to twelve months, or to refuse the extension of the period of validity of the certificate, if the certified person shall not take longer than a year in property appraiser's job does not comply with international standards of property assessment or infringed the relevant legislative requirements.
20. On the certificate of cancellation, suspension or refusal to extend the term of validity of the certificate, the Certification Commission certified person notifies in writing no later than ten days after the decision is taken. After the receipt of the notification of withdrawal of the certificate of the certificate within fifteen days of the candidate Certification Commission.
21. Stop the operation of the certificate renewed after the certified person is prevented for reasons of suspension.
22. the certificate shall be cancelled in the following cases: 22.1. If certificate operation was stopped and the certified person is not eliminated within the time limit set by the suspension of the certificate of the reasons or has not informed the Association about the suspension of the certificate that the reasons are eliminated;
22.2. If you have received a certified personal request to revoke the certificate.
23. If the certificate is lost, the Association considers it invalid. On the basis of a written application of the person certified on the certificate of loss, the Association shall issue a new certificate, the validity of which is the same as the lost certificate.
24. Information on the assigned, annulled, invalid certificates and certificate suspension Association publishes the newspaper "journal".
25. The Certification Commission decision on the refusal to grant a certificate, the certificate revocation, certificate suspension or refusal to extend the period of validity of the certificate may appeal to a Court of law.
VII. Closing questions 26. Fee for certification services by matching with the Ministry of finance determines the Association, cost calculation shall include the cost of production of the certificate and the Certification Commission members pay.
27. the recipient of the certificate within three months after receipt of the certificate take out your civil liability for possible damages that it as a real estate appraiser with their professional activities could cause.
28. Persons who have received a certificate to the date of entry into force of provisions, six months from the entry into force of these regulations shall submit in writing to the Association of the day the application for the renewal of the certificate. The application shall indicate the name, address and social security number, as well as the certificate number and date of issue.
29. the deadline not re-registered certificates shall be void.
 
Prime Minister a. slice financial Minister e. Krastiņš