201 KAR 30:190
Application for Appraiser Credential and Reciprocal.pdf
A licensee from another state may obtain a certification or licensed residential in Kentucky by reciprocity.
An individual who is a licensed residential, certified residential or a certified general real property appraiser out-of-state may apply for a Kentucky credential that is the same as the out-of-state certification held by that individual in another state if the appraiser licensing program of the other state:
- Is in compliance with the provisions of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of Title XI Real Estate Appraisal Reform Amendments as administered by the ASC and the FFIEC; and
- The credentialing requirements meets or exceeds the KREAB requirements that exist at the time the reciprocal application is submitted to the board.
To obtain a Kentucky certification issued by the board, an out-of-state applicant shall:
- Complete the Application for Appraiser Credential and Reciprocal;
- Be identified on the National Registry of The Appraisal Subcommittee as an active appraiser that currently conforms to the AQB criteria;
- Not have received disciplinary action that limited or stopped the ability to complete the practice of real property appraising;
- Not have lost a license to practice any profession by revocation, suspension, or voluntary surrender; and
- Certify completion of the experience requirements in 201 KAR 30:050, Section 2, for the type of certification requested on the Application for Reciprocal Appraisal License/Certification
Upon review of an appraisers application and the National Registry, the board may also require an appraiser to:
File with the board a letter of good standing, license history, or other proof of good standing issued to the applicant for reciprocity by the out-of-state appraiser regulatory agency.