AN ACT RELATIVE TO THE REGISTRATION OF REAL ESTATE APPRAISERS.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same as follows:
SECTION 1. Chapter 112 of the General Laws is hereby amended by striking out section 181, as appearing in the 2008 Official Edition, and inserting in place thereof the following section:-
Section 181. The term of a certificate or a license issued by the board, except a transitional license under subdivision C of section 180, shall be 2 years from the date of issuance. Notwithstanding the foregoing, each certificate or license originally issued to an individual, except a transitional license under said subdivision C of said section 180, shall be valid until the anniversary of the date of birth of the licensee next occurring more than 24 months after the date of issuance; or the director of the division of professional licensure may designate a date other than a birthday for license expiration. A real estate appraisal trainee shall be eligible for renewal of a trainee license for not more than 4 two-year periods after the original term of the license.
SECTION 2. The executive office for administration and finance shall assess proportionately the fee charged to a licensee under section 181 of chapter 112 of the General Laws to correspond with the new 2-year cycle for licenses issued under said section 181 of said chapter 112.
SECTION 3. Sections 1 and 2 of this act shall take effect 120 days after the effective date of this act.
Approved, January 13, 2011.