458.08 Licensure.
433 words·~2 min read·
/wi/chapter-458/458-08A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
458.08 Licensure.
(2)Application. An application for licensure under this section shall be submitted to the department on a form provided by the department. No initial certificate of licensure may be issued under this section unless all of the following conditions are satisfied:
(a)The applicant is at least 18 years old.
(b)The applicant pays the fee specified in s. 440.05
(1), except as provided in subs.
(3m)and
(4).
(c)Subject to ss. 111.321 , 111.322 and 111.335 , the applicant submits evidence satisfactory to the department that he or she does not have an arrest or conviction record.
(d)The applicant attends the educational course and passes the examination described in s. 458.06
(d).
(3)Appraiser licensure. The department shall grant and issue a certificate of licensure as an appraiser to any individual who does all of the following:
(a)Satisfies the conditions in sub.
(2).
(c)Submits evidence satisfactory to the department that he or she has successfully completed the educational and experience requirements specified in the rules promulgated under s. 458.085
(1)and
(2).
(d)Passes an examination conducted by the department under s. 458.10 to determine fitness to perform an appraisal of real estate described in the rules promulgated under s. 458.03
(e).
(e)Satisfies any other requirements that the department determines, by rule, are necessary to ensure that he or she is qualified to perform an appraisal of real estate described in the rules promulgated under s. 458.03
(e)in a federally related transaction.
(3m)Licensure of certified appraisers. The department shall grant and issue a certificate of licensure as an appraiser to each certified appraiser at the same time that the department issues the certificate of certification to the certified appraiser under s. 458.06
(3)or
(4). A certified appraiser may not be charged a fee for licensure under this subsection. The department may issue an appraiser license under this subsection that is separate from a residential appraiser certificate or general appraiser certificate, or may issue one certificate of licensure and certification.
(4)Reciprocal licensure. Upon application and payment of the fee specified in s. 440.05
(2), the department shall grant and issue a certificate of licensure as an appraiser to any applicant to whom any of the following applies:
(a)The applicant holds a current appraiser certificate in another state or territory of the United States and the department determines that the requirements for obtaining the certificate in the other state or territory are substantially equivalent to the requirements under sub.
(3).