The Florida Real Estate Appraisal Board is amending Rule 61J1-4.007, F.A.C., to add updated and increased education requirements for appraisers to renew inactive registrations, licenses, and certifications. The Board is also updating this rule to ...

 

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION

Florida Real Estate Appraisal Board

RULE NO.: RULE TITLE:

61J1-4.007 Renewal of Inactive Registrations, Licenses and Certifications

PURPOSE AND EFFECT: The Florida Real Estate Appraisal Board is amending Rule 61J1-4.007, F.A.C., to add updated and increased education requirements for appraisers to renew inactive registrations, licenses, and certifications. The Board is also updating this rule to comply with the January 1, 2008, AQB licensure criteria.

SUMMARY: The Board is amending Rule 61J1-4.007, F.A.C. to require inactive appraisers of all licensure categories to complete updated and additional education before being permitted to renew their inactive licenses. The Board is also updating this rule to comply with the January 1, 2008, AQB licensure criteria.

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS: No Statement of Estimated Regulatory Cost was prepared.

Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.

SPECIFIC AUTHORITY: 475.614, 475.619 FS.

LAW IMPLEMENTED: 475.618, 475.619 FS.

IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN THE FAW.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Michael E. Murphy, Acting Director, Division of Real Estate, 400 West Robinson Street, Hurston Building, North Tower, Suite N801, Orlando, Florida 32801

 

THE FULL TEXT OF THE PROPOSED RULE IS:

 

61J1-4.007 Renewal of Inactive Registrations, Licenses and Certifications.

(1) through (4) No change.

(5)(a) Registered, and licensed, and certified appraisers – 30 hours of Appraisal Board Course II (ABII) with end-of-course exam; however, effective January 1, 2008, the Appraisal Board Course I (ABI) with end-of-course exam shall be 100 hours and 30 hours of ACE, or 75 hours of Appraisal Board Course I (ABI) with end-of-course exam.

(b) No change.

(6)(a) Registered and licensed appraisers – 75 hours of ABI with end-of-course exam, and complete a current 7 hour national USPAP update course taught by an AQB certified instructor or equivalent; however, effective January 1, 2008, the Appraisal Board Course I (ABI) with end-of-course exam shall be 100 hours.

(b) Certified residential appraisers – 75 hours of ABI with end-of-course exam, 30 hours of ABII with end-of-course exam, and complete a current 7 hours national USPAP update course taught by an AQB certified instructor or equivalent; however, effective January 1, 2008, the Appraisal Board Course I (ABI) with end of course exam shall be 100 hours and the Appraisal Board Course II (ABII) with end-of-course exam shall be 30 hours.

(c) Certified general appraisers – 30 hours of ABII with end-of-course exam, 60 hours of Appraisal Board Course III (ABIII) with end-of-course exam, and complete a 7 hours national USPAP update course taught by an AQB certified instructor or equivalent.

(7) through (8) No change.

Specific Authority 475.614, 475.619 FS. Law Implemented 475.618, 475.619 FS. History–New 8-8-93, Amended 2-16-04,________.

 

NAME OF PERSON ORIGINATING PROPOSED RULE: Florida Real Estate Appraisal Board

NAME OF SUPERVISOR OR PERSON WHO APPROVED THE PROPOSED RULE: Florida Real Estate Appraisal Board

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: December 5, 2005

DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAW: November 23, 2005