The Board proposes the rule amendment in order to amend the FREAB rules incorporating AQB minimum standards going into effect on January 1, 2008, including licensure qualifications.

 

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION
Florida Real Estate Appraisal Board

RULE NO: RULE TITLE
61J1-3.004: Issuance of Certification
PURPOSE AND EFFECT: The Board proposes the rule amendment in order to amend the FREAB rules incorporating AQB minimum standards going into effect on January 1, 2008, including licensure qualifications.
SUMMARY: The rule amendment affects rule provisions relating to licensure qualifications.
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: 475.613(2), 475.614, 475.6171 FS.
LAW IMPLEMENTED: 475.6171 FS.
IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN FAW.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Thomas O’Bryant, Deputy 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:

 

61J1-3.004 Issuance of Certification.

Any applicant requesting the issuance of his or her certification shall submit an application after completing the required education and experience components and shall submit to the Board the following in order for the applicant’s certification to be issued:

(1) through (5) No change.

(6) Effective January 1, 2008, the Department of Business and Professional Regulation shall issue a license to an applicant without evidence of the required education and experience who:

(a) Demonstrates that the applicant is currently licensed to practice real estate appraisal with an equivalent appraisal credential under the law of another state or jurisdiction;

(b) Demonstrates that the applicant has met the minimal Appraisal Qualifications Board (AQB)’s criteria for education;

(c) Demonstrates that the applicant has met the minimal Appraisal Qualifications Board (AQB)’s criteria for experience;

(d) Demonstrates that the applicant has passed an Appraisal Qualifications Board (AQB) approved qualifying examination for that credential within 24 months of the date of application;

(e) Demonstrates successful completion of this state’s laws and rules exam with a passing score; and

(f) Demonstrates that the applicant has complied with subsections 61J1-3.001(1), (2), (5), (6), and (7), F.A.C.

Specific Authority 475.613(2), 475.614, 475.6171 FS. Law Implemented 475.6171 FS. History–New 5-14-07, Amended ________.

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: October 8, 2007
DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAW: September 21, 2007