Rhode Island General Laws
Chapter 5-20.7 - Real Estate Appraiser Certification Act
Section 5-20.7-21. - Violations — Penalties.

§ 5-20.7-21. Violations — Penalties.
(a) Any person upon conviction of acting or representing themselves to be a state-certified or licensed real estate appraiser or performing the duties of a certified or licensed real estate appraiser as defined within this chapter without first obtaining a certification or license is guilty of a misdemeanor punishable by a fine of not less than one hundred dollars ($100) nor more than five hundred dollars ($500), or by imprisonment for a term not to exceed one year, or both; and if a corporation, by a fine of not less than one thousand dollars ($1,000) nor more than two thousand dollars ($2,000). Any person upon conviction of a second or subsequent offense is punishable by a fine of not less than five hundred dollars ($500) nor more than one thousand dollars ($1,000), or by imprisonment for a term not to exceed two (2) years, or both; and if a corporation, by a fine of not less than two thousand dollars ($2,000) nor more than five thousand dollars ($5,000).
(b) In case any person has received any money, or the equivalent of money, as a fee, commission, compensation, or profit by or in consequence of a violation of any provision of this chapter, he or she shall, in addition, be liable to a penalty of not less than the amount of this sum or money so received and not more than three (3) times the sum received, as may be determined by the court, which penalty may be recovered in any court of competent jurisdiction by any person aggrieved together with all reasonable attorney’s fees and costs incurred in the prosecution of the action.
History of Section.P.L. 1990, ch. 424, § 1; P.L. 1992, ch. 275, § 1.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 5 - Businesses and Professions

Chapter 5-20.7 - Real Estate Appraiser Certification Act

Section 5-20.7-1. - Short title.

Section 5-20.7-2. - Definitions.

Section 5-20.7-3. - Certification required.

Section 5-20.7-4. - Creation of board — Composition — Appointment, terms, and compensation of members.

Section 5-20.7-5. - Powers of the board.

Section 5-20.7-6. - Powers of the department.

Section 5-20.7-7. - Examination requirements.

Section 5-20.7-8. - Classes of certification and licensing — Residential and general.

Section 5-20.7-9. - Requirements prior to certification or licensing examination.

Section 5-20.7-10. - Experience requirement.

Section 5-20.7-11. - Term of certification or license — Renewal.

Section 5-20.7-12. - Issuance of certificate or license — Certificate or license number.

Section 5-20.7-13. - Exclusive use of term.

Section 5-20.7-14. - Principal place of business.

Section 5-20.7-15. - Fees.

Section 5-20.7-16. - Nonresident certified or licensed real estate appraisers — Secretary of state as agent for service of process — Reciprocity.

Section 5-20.7-17. - Continuing education prerequisite to renewal.

Section 5-20.7-18. - Retention of records.

Section 5-20.7-19. - Standards of practice.

Section 5-20.7-20. - Revocation or suspension of certification or license.

Section 5-20.7-21. - Violations — Penalties.

Section 5-20.7-22. - Hearing before revocation or suspension; refusal of certification or licensing.

Section 5-20.7-23. - Severability.

Section 5-20.7-24. - Mortgage loan appraisers — Relationship with lending institution.

Section 5-20.7-25. - Effect of federal law.

Section 5-20.7-26. - Order to cease unsafe practices — Appeal.