§ 160-f. Fees. 1. The department shall charge and collect fees not in excess of the following:

Terms Used In N.Y. Executive Law 160-F

  • Appraisal: A determination of property value.
  • Department: shall mean the department of state. See N.Y. Executive Law 160-A

a. An application fee for certification and licensing of two hundred fifty dollars.

b. An examination fee of fifty dollars.

c. A reexamination fee of fifty dollars.

d. A fee for recertification or renewal of license of two hundred fifty dollars.

e. A delinquent renewal fee of two hundred dollars.

2. Notwithstanding any other law, the department may transmit an annual registry fee as set by the federal appraisal subcommittee in accordance with 12 U.S.C. § 3338 (a)(4)(A) from such individuals who perform or seek to perform appraisals in federally related transactions and to transmit a roster of such individuals to the Appraisal Subcommittee of the Federal Financial Institutions Examination Council as required by Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.

3. All fees collected under this § -y of the state finance law.