Section 17-2306. TEMPORARY PRACTICE

2306.1 Pursuant to section 1121 of the Federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989, 12 U.S.C. § 1811, and the Act, the Board shall issue an individual a temporary license if the individual completes an application that the Board requires and provides documentation that he or she meets the following requirements:

(a) The individual is licensed or certified and in good standing under the laws of another state;

(b) The property or properties to be appraised by the individual is part of a federally-related transaction, is located in the District, and the assignment and property or properties are specifically identified in the application;

(c) The appraisal assignment is of a temporary nature and is limited to one (1) specific assignment or six (6) months, whichever is shorter;

(d) Upon completion of the assignment, the temporary license is surrendered to the Board; and

(e) The individual pays the applicable fee.

 

2306.2The holder of a temporary permit to practice in the District is subject to the applicable provisions of this chapter and the Act.

 

2306.3The Director or the Board may revoke a temporary license without a hearing for any reason that the Board determines to be in the interest of the health or welfare of the citizens of the District, upon a minimum of five (5) days notice given in the manner prescribed by § 3318 of Chapter 33 of this Title.

 

2306.4An individual shall not hold more than two (2) temporary licenses at a time.

 

2306.5A specific appraisal assignment may include multiple properties.

 

2306.6A temporary license holder may extend the temporary license for one additional license period by filing an application for extension. If a temporary license holder requires an additional extension after the first the temporary license holder must apply for a new temporary license and the Board may grant or deny the second application at its discretion.

 

authority

The Director of the Department of Consumer and Regulatory Affairs, pursuant to the authority set forth in D.C. Official Code § 47-2853.10(a)(11) and (12) (2005 Repl.) and Mayor’s Order 2000-70, dated May 2, 2000.

source

Final Rulemaking published at 40 DCR 8480 (December 10, 1993); as amended by Final Rulemaking published at 53 DCR 5846 (July 21, 2006); as amended by Final Rulemaking published at 55 DCR 9991 (September 26, 2008); as amended by Notice of Final Rulemaking published at 58 DCR 10590, 10596 (December 16, 2011).