Section 310-B:18 Disciplinary Proceedings.
The board may revoke or suspend a licensure or certification; may assess a fine of not more than $2,000 per violation or, in the case of a continuing violation, $100 for each day the violation continues, whichever would be greater; may require mandatory completion of continuing education; or may take any combination of the preceding actions, relating to any real estate appraiser, in accordance with the provisions of this chapter, upon any of the grounds set forth in this section for any of the following acts or omissions:
I. Procuring or attempting to procure a license or certificate pursuant to this subdivision by knowingly making a false statement, submitting false information, refusing to provide complete information in response to a question in an application for license or certification or through any form of fraud or misrepresentation.
II. Failing to meet the minimum qualifications established by this chapter.
III. Paying compensation, including money or any other thing of value, other than as provided for by this chapter, to any member of or employee of the board to procure a license or certificate under this chapter.
IV. A conviction of a crime which is substantially related to the qualifications, functions, and duties of a person developing real estate appraisals and communicating real estate appraisals to others.
V. An act or omission involving dishonesty, fraud, or misrepresentation with the intent to substantially benefit the license or certificate holder or another person or with the intent to substantially injure another person.
VI. Violation of any of the standards for the development or communication of real estate appraisals as provided in this chapter.
VII. Failure or refusal without good cause to exercise reasonable diligence in developing an appraisal, preparing an appraisal report or communicating an appraisal.
VIII. Negligence or incompetence in developing an appraisal, in preparing an appraisal report, or in communicating an appraisal, as determined by the board.
IX. Disregarding or violating any of the provisions of this chapter or the rules adopted by the board for the administration and enforcement of this chapter.
X. Accepting an appraisal assignment when the employment itself is contingent upon the appraiser reporting a predetermined estimate, analysis or opinion, or where the fee to be paid is contingent upon the opinion, conclusion, or valuation reached, or upon the consequences resulting from the appraisal assignment.
XI. Violating the confidential nature of governmental records to which he gained access through employment or engagement as an appraiser by a governmental agency.
Source. 1990, 167:3. 1991, 308:21-23. 1997, 299:6, 7, 8, eff. Aug. 19, 1997.