Types of disciplinary action

Disciplinary action by the board may consist of the following: 1. Revocation. Revocation terminates an individual's status as an apprentice, licensed, or certified appraiser. When a permit has been revoked the permittee shall surrender the permit immediately to the board. When a permit has been revoked the permittee may not directly or indirectly engage in, advertise, conduct the business of, or act in any capacity as an apprentice, licensed, or certified appraiser. 2. Suspension. Suspension is the removal of a permittee's privilege to act as an apprentice, licensed, or certified appraiser for a specified minimum period of time. When a permit has been suspended the permittee shall surrender the permit to the board for the period of suspension. When a permit has been suspended the permittee may not directly or indirectly engage in, advertise, conduct the business of, or act in any capacity as an apprentice, licensed, or certified appraiser, but must maintain the permit by properly renewing it and complying with continuing education requirements. 3. Monetary fine. A monetary fine must be reasonable in light of the conduct of the permittee. A monetary fine may include an amount sufficient to reimburse the board for the cost of a disciplinary action, or to prevent the permittee from obtaining a financial benefit as a result of the permittee's unprofessional or improper conduct. 4. Issuance of letter of reprimand. Reprimand is a form of discipline which declares the conduct of the permittee improper, but does not limit the permittee's right to act as an apprentice, licensed, or certified appraiser. Letters of reprimand shall be sent to the permittee. The letter of reprimand shall be placed in the permittee's file. 5. Probation.