New Hampshire § 310-B-4 - Section 310-B:4 Real Estate Appraiser Board.

§ 310-B-4. Section 310-B:4 Real Estate Appraiser Board.

I. There is established a real estate appraiser board within the office of professional licensure and certification. The board shall be composed of the following 5 members, appointed by the governor with the consent of council: (a) Three real estate appraisers with a minimum of 5 years' experience, consisting of one New Hampshire certified residential appraiser, one New Hampshire certified general appraiser, and one New Hampshire certified appraiser who is a broker licensed under RSA 331-A; provided that no 2 appraiser members shall be members of the same private appraisal organization. (b) One representative from a New Hampshire lending institution. (c) One member of the general public not associated directly or indirectly with banking, brokerage, real estate appraisal, insurance, or any other affected industry. II. All appointments shall be made within 90 days after the effective date of this chapter. III. On or before July 1, 1991, each real estate appraiser member of the board shall be certified or licensed are a real estate appraiser under this chapter. One such member shall hold the residential license and one such member shall hold a general appraiser certificate. IV. The term of each member shall be 3 years, except that, of the members first appointed, 3 shall serve for 3 years, 2 shall serve for 2 years, and 2 shall serve for one year. V. Upon expiration of their terms, members of the board shall continue to hold office until the appointment and qualification of their successors. No person shall serve as a member of the board for more than 2 consecutive terms. The appointing authority may remove a member for cause. VI. The chairman of the board shall be elected from the board's members.