DEPARTMENT OF REGULATORY AGENCIES
DIVISION OF REAL ESTATE
BOARD OF REAL ESTATE APPRAISERS
4 CCR 725-2

CHAPTER 8: RENEWAL, REINSTATEMENT, INACTIVATION, SURRENDER OR REVOCATION OF LICENSURE

8.5	No holder of an expired license which may be reinstated may apply for a new license of the same type. Such person must reinstate the expired license as provided in section 12-61-710(1), C.R.S. and these Rules. Nothing in this Board Rule 8.5 will act to prevent a person from applying for and receiving a license or certificate with higher qualification requirements than those of the expired license. 

8.6	All licensees in active or inactive license status must provide the Board with the following information: (1) a current mailing address and phone number for the licensee; (2) a current email address for the licensee if applicable; and (3) such other contact information as may be required by the Board from time to time. Each licensee must inform the Board within ten (10) calendar days of any change in such contact information on a form or in the manner prescribed by the Board. A mailing address for the licensee will be posted on the Division’s public website, and it is the licensee’s responsibility to inform the Division of any required changes to the mailing address shown for the licensee on the Division’s public website. The address shown for the licensee on the Division’s public website will be considered the licensee’s address of record. A change of mailing address without notification to the Board will result in the inactivation of the appraiser’s license.

8.8	The holder of a license or Temporary Practice Permit may surrender such to the Board. The Board may deem a surrendered license or Temporary Practice Permit as permanently relinquished. Such relinquishment will not remove the holder from the jurisdiction of the Board for acts committed while holding a license or Temporary Practice Permit. A license or Temporary Practice Permit that is relinquished during the pendency of an investigation or a disciplinary action will be reported to the National Registry as having been surrendered in lieu of discipline. A person who relinquishes a license or Temporary Practice Permit may not reinstate the same, but must reapply and meet the current requirements for initial licensure.

8.9	Upon inactivation, revocation, suspension, surrender, relinquishment, or expiration of a license or Temporary Practice Permit, the holder must:

A.	Immediately cease all activities requiring licensure or a Temporary Practice Permit;

B.	In the instance of revocation, suspension, relinquishment, or surrender, immediately return the license document or Temporary Practice Permit to the Board;

C.	Immediately cease all actions which represent the holder to the public as actively being licensed or being the holder of a Temporary Practice Permit, including, without limitation, the use of advertising materials, forms, letterheads, business cards, correspondence, internet website content, statements of qualifications, and the like.

8.17	An Ad Valorem Appraiser must be a County Assessor, an employee of a County Assessor’s Office, or an employee of the Division of Property Taxation in the Department of Local Affairs. If an Ad Valorem Appraiser is no longer a County Assessor, leaves the employ of a County Assessor’s Office, or leaves the employ of the Division of Property Taxation within the Department of Local Affairs, the Ad Valorem Appraiser must notify the Board within three (3) business days in a manner acceptable to the Board. Upon such notification or discovery by the Board, the Ad Valorem Appraiser will be placed on inactive status. The Ad Valorem Appraiser will not be returned to active status unless the licensee signs a certification that he or she is currently a County Assessor, an employee of a County Assessor’s Office or an employee of the Division of Property Taxation in the Department of Local Affairs and the Board verifies the licensee’s employment.

8.18    A licensee desiring to activate an inactive license must complete all required continuing education hours that would have been required if the licensee had been on active status for the entire period of inactivation, including the most recent version of the National USPAP Course or its equivalent as approved by the CAP as defined in Board Rule 1.39.