The Board proposes the rule amendment in order to decrease the number of trainee appraisers that the supervising appraiser may supervise. The rule amendment also updates the requirements for the contents of an appraisal.

 

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION
Florida Real Estate Appraisal Board

RULE NO: RULE TITLE
61J1-4.010: Supervision and Training of Registered Trainee Appraisers
PURPOSE AND EFFECT: The Board proposes the rule amendment in order to decrease the number of trainee appraisers that the supervising appraiser may supervise. The rule amendment also updates the requirements for the contents of an appraisal.
SUMMARY: The number of trainee appraisers that may be supervised by the supervising appraiser will be decreased; the requirements for the contents of an appraisal will be updated.
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 FS.
LAW IMPLEMENTED: 475.611, 475.6221, 475.6222 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:

 

61J1-4.010 Supervision and Training of Registered Trainee Appraisers.

(1) through (3) No change.

(4) Any supervising appraiser, whether acting as primary or secondary supervisor, may not supervise more than 3 4  registered trainee appraisers at one time.

(5) No change.

(6) Appraisal logs shall be maintained by both the registered trainee appraiser and the supervisory appraiser in a format determined by the Department and shall, at a minimum, include the following for each appraisal:

(a) through (c) No change.

(d) Description of work performed; and

(e) Number of work hours.; and

(f) Signature and state license certification number of the supervising appraiser.

(7) through (10) No change.

Specific Authority 475.614 FS. Law Implemented 475.611, 475.6221, 475.6222 FS. History–New 2-16-04, Amended 3-1-06, 12-4-06, 8-12-07,_________.

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: August 06, 2007
DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAW: August 31, 2007