Article 8
A Real Estate Appraiser Practicing License shall not be issued to, and an issued practicing license shall be withdrawn from, a person with the circumstances stated as follows.
1. A person who has been withdrawn his / her Certificate of Real Estate Appraiser.
2. A person who suffers from mental illness or is in irregular physical or mental condition, two or more medical physicians of the appropriate specialty have been consulted upon request of the Municipality or a County (City) competent authority, and the Municipality or a County (City) competent authority has determined that he / she is unable to practice.
3. A person who has become subject to the order of the commencement of guardianship or assistantship has not been rescinded.
4. A person who has been declared bankruptcy and not been resumed the rights.
A person, whose practicing license was withdrawn in accordance with Subparagraphs II to IV of Paragraph I, could re-apply for a practicing license in accordance with the provisions of this Act after the causes disappear.