WILLIAM DONALD SCHAEFER, Governor Ch. 594

SUBTITLE FOR AN INDIVIDUAL WHO IS CERTIFIED TO PROVIDE
CERTIFIED REAL ESTATE APPRAISAL SERVICES IN ANOTHER STATE.

(B) THE COMMISSION MAY GRANT A WAIVER UNDER THIS SECTION
ONLY IF THE APPLICANT:

(1) PAYS TO THE COMMISSION THE APPLICATION FEE SET BY
THE COMMISSION UNDER § 15.5-505 OF THIS SUBTITLE; AND

(2) PROVIDES ADEQUATE EVIDENCE THAT THE APPLICANT:

(I) MEETS THE QUALIFICATIONS OTHERWISE REQUIRED
BY THIS SUBTITLE;

(II) HOLDS AN ACTIVE CERTIFICATE IN GOOD STANDING
IN THE OTHER STATE; AND

(III) WAS CERTIFIED IN THE OTHER STATE AFTER
MEETING, IN THAT STATE, REQUIREMENTS THAT ARE SUBSTANTIALLY
EQUIVALENT TO THE CERTIFICATION REQUIREMENTS OF THIS STATE.

(C) THE COMMISSION MAY GRANT A WAIVER ONLY IF THE STATE
IN WHICH THE APPLICANT IS CERTIFIED WAIVES THE EXAMINATION OF
HOLDERS OF CERTIFICATES OF THIS STATE TO A SIMILAR EXTENT AS
THIS STATE WAIVES THE EXAMINATION REQUIREMENTS FOR HOLDERS
OF CERTIFICATES IN THAT STATE.

15.5-508.

(A) THE COMMISSION SHALL GRANT THE APPROPRIATE
CERTIFICATE TO EACH APPLICANT WHO MEETS THE REQUIREMENTS OF
THIS SUBTITLE.

(B) THE COMMISSION SHALL ISSUE AN APPROPRIATE
CERTIFICATION DOCUMENT AND POCKET CARD TO EACH APPLICANT
WHO HAS BEEN GRANTED CERTIFICATION UNDER THIS SECTION.

(C) (1) SUBJECT TO PARAGRAPH (2) OF THIS SUBSECTION, THE
COMMISSION SHALL DETERMINE THE SIZE, FORM, AND CONTENT OF
ANY CERTIFICATION DOCUMENT OR POCKET CARD THAT THE
COMMISSION ISSUES.

(2) ON EACH CERTIFICATION DOCUMENT OR POCKET CARD
THAT THE COMMISSION ISSUES, THE COMMISSION SHALL INCLUDE:

(I) AN EXPIRATION DATE; AND

(II) A CERTIFICATION NUMBER.

15.5-509.

(A) THE CERTIFIED RESIDENTIAL REAL ESTATE APPRAISER
CLASSIFICATION SHALL CONSIST OF THOSE PERSONS THAT MEET THE

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