Ch. 594 LAWS OF MARYLAND

REQUIREMENTS FOR CERTIFICATION THAT RELATE TO THE APPRAISAL
OF:

(1) RESIDENTIAL REAL ESTATE OF 1 TO 4 UNITS; AND

(2) IF A NET INCOME CAPITALIZATION ANALYSIS IS NOT
REQUIRED, RESIDENTIAL REAL ESTATE OF UP TO 12 UNITS.

(B) THE CERTIFIED GENERAL REAL ESTATE APPRAISER
CLASSIFICATION SHALL CONSIST OF THOSE PERSONS THAT MEET THE
REQUIREMENTS FOR CERTIFICATION RELATING TO THE APPRAISAL OF
ALL TYPES OF REAL ESTATE.

15.5-510.

(A) UNLESS A CERTIFICATE IS RENEWED FOR A 3-YEAR TERM AS
PROVIDED IN THIS SECTION, THE CERTIFICATE EXPIRES ON THE DATE
THAT THE LICENSE OF THE CERTIFICATE HOLDER EXPIRES OR, IF
EARLIER, THE DATE THE CERTIFICATE HOLDER NO LONGER HAS A
LICENSE A STAGGERED BASIS AS DETERMINED BY THE SECRETARY.

(B) THE COMMISSION NEED NOT GIVE NOTICE TO THE HOLDER OF
THE EXPIRATION DATE OF THE CERTIFICATE.

(C) NOT EARLIER THAN 120 DAYS AND NOT LATER THAN 30 DAYS
BEFORE A CERTIFICATE EXPIRES, THE CERTIFICATE HOLDER MAY
RENEW IT FOR AN ADDITIONAL 3-YEAR TERM, IF THE CERTIFICATE
HOLDER:

(1) OTHERWISE IS ENTITLED TO HOLD A CERTIFICATE;

(2) PAYS TO THE COMMISSION AT A MINIMUM A RENEWAL
FEE OF $100; AND

(3) SUBMITS TO THE COMMISSION:

(I) A RENEWAL APPLICATION ON THE FORM THAT THE
COMMISSION PROVIDES; AND

(II) ADEQUATE EVIDENCE OF COMPLIANCE WITH THE
CONTINUING EDUCATION REQUIREMENTS SET UNDER THIS SUBTITLE
FOR CERTIFICATE RENEWAL.

15.5-511.

(A) TO QUALIFY FOR RENEWAL OF A CERTIFICATE UNDER THIS
SUBTITLE, A HOLDER OF A CERTIFICATE SHALL PROVIDE TO THE
COMMISSION ADEQUATE EVIDENCE THAT THE HOLDER MEETS THE
CONTINUING EDUCATION REQUIREMENTS OF THIS SECTION.

(B) (1) SUBJECT TO THE PROVISIONS OF SUBSECTION (C) OF THIS
SECTION, A HOLDER OF A CERTIFICATE SHALL COMPLETE

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