(a) The Commission shall reinstate the license of a real estate appraiser who has failed to renew the license, if the real estate appraiser: (1) applies to the Commission for reinstatement within 3 years after the license expires; (2) meets the requirements of § 16-308 of this subtitle; and (3) in addition to the renewal fee required under § 16-308 of this subtitle, pays to the Commission a reinstatement fee set by the Commission. (b) (1) If an individual fails to renew a license for any reason and applies to the Commission for reinstatement more than 3 years after the license has expired, the Commission may: (i) require the individual to reapply for a license under § 16- 302 of this subtitle; or (ii) subject to paragraph (2) of this subsection, reinstate the license. (2) The Commission may reinstate a license under paragraph (1)(ii) of this subsection only if the individual: (i) meets the renewal requirements of § 16-308 of this subtitle; (ii) if required by the Commission, states the reasons why reinstatement should be granted; and (iii) in addition to the renewal fee required under § 16-308 of this subtitle, pays to the Commission a reinstatement fee set by the Commission.
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