What happens to an appraiser's license if the renewal fee is not paid by the deadline?

Study for the South Carolina Appraisal Test. Engage with flashcards and multiple-choice questions, each with hints and explanations. Get ready for your exam!

If the renewal fee for an appraiser's license is not paid by the designated deadline, the consequence is that the license lapses or cancels. However, it is important to note that many licensing authorities, including those in South Carolina, typically allow for reinstatement of the license within a specified time frame after it has lapsed due to non-payment. This means that the appraiser may complete the necessary steps to reinstate their license, often involving payment of the appropriate fees and possibly fulfilling additional requirements, without undergoing a complete reapplication for licensure. This process not only maintains continuity and supports appraisers in properly managing their professional credentials but also ensures that there is a corrective measure in place for those who may miss the renewal due date inadvertently.

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