Appraisal Management Company Steps for Renewal and Reinstatement
Appraisal Management Companies (AMCs) must renew their license between November 15th and December 31st every year. If you fail to renew the AMC license within that time frame, you will have a grace period until January 31st of the new year to renew the license.
Should you fail to renew the AMC license after the grace period, you may reinstate the license within two (2) years after the date of expiration; however reinstatement is subject to additional fees.
Renewal and Reinstatement Timeframes
- Renewal period: November 15th to December 31st
- Grace period for Renewal: January 31st of new year
- Reinstatement period: Two (2) years from date of license expiration