Renew a Business License
- In order to effect renewal of your license, kindly submit a copy of your last V.I. license along with your payment of $390.00 and a favorable Tax Clearance letter.
- Additionally, you are required to submit evidence of completing 35 CEU’s hours and 7-hours 2009/2010 USPAP Update Course. As you are aware, continuing education requirements change from time to time. To ensure that you are familiar with the number of CEU’s required for the 2008-2011 Cycle, the following chart is provided:
|2008-2011 Cycle||Continuing Education Hours||7 Hours USPAP Update Course||Total|
|2009||7 Hours||7 Hours (To be submitted with 2011 renewal)||14|
|2011 Renewal||35 Hours||7 Hours||42|
- Please be advised that the effective date of your license will reflect the date in which your renewal was received complete. Renewal applications submitted on time, but are deficient, will reflect the date that the deficiencies are satisfied.
- Please be further advised that the effective date of your license is reported to the Appraisal Subcommittee’s National Registry. Therefore, you are encouraged to submit you renewal credentials in a timely manner.