The Board proposes the amendments to clarify availability of forms to notify the Department of any changes to business name, trade name, firm name or address.

 

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION

Florida Real Estate Appraisal Board

RULE NOS.:RULE TITLES:

61J1-7.004Office

61J1-7.005Temporary Practice

PURPOSE AND EFFECT: The Board proposes the amendments to clarify availability of forms to notify the Department of any changes to business name, trade name, firm name or address.

SUMMARY: Availability of forms to notify the Department of any changes to business name, trade name, firm name or address will be clarified.

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS AND LEGISLATIVE RATIFICATION:

The Agency has determined that this will not have an adverse impact on small business or likely increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule. A SERC has not been prepared by the Agency.

The Agency has determined that the proposed rule is not expected to require legislative ratification based on the statement of estimated regulatory costs or if no SERC is required, the information expressly relied upon and described herein: During discussion of the economic impact of this rule at its meeting, the Board, based upon the expertise and experience of its members, determined that a Statement of Estimated Regulatory Costs (SERC) was not necessary and that the rule will not require ratification by the Legislature. No person or interested party submitted additional information regarding the economic impact at that time.

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.

RULEMAKING AUTHORITY: 475.614 FS.

LAW IMPLEMENTED: 455.213, 475.623, 475.6235, 475.630 FS.

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

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Allison McDonald, Executive Director, Florida Real Estate Appraisal Board, 400 West Robinson Street, #N801, Orlando, FL 32801.

 

THE FULL TEXT OF THE PROPOSED RULE IS:

 

61J1-7.004 Office.

(1) No change.

(2) Each such appraiser or appraisal management company must notify the Department of any change of business name, trade name, or firm name and address within 10 days of the change of name or address on FREAB Form 18 which is incorporated by reference in DBPR rule 61-35.026, Florida Administrative Code in such a manner as determined by the Department.

(3) Each appraisal management company must notify the Department of any change of business name, trade name, or firm name and address within 10 days of the change of name or address on FREAB Form 2 which is incorporated by reference in DBPR rule 61-35.026, Florida Administrative Code.

(4)(3) No change.

Rulemaking Authority 475.614 FS. Law Implemented 475.623, 475.6235 FS. History–New 10-15-91, Formerly 21VV-7.004, Amended 2-16-04, 12-4-06, 1-16-12,                                  .

 

61J1-7.005 Temporary Practice.

(1) Pursuant to the provisions of Section 475.630, F.S., the Board shall recognize, on a temporary basis, the license or certification of an appraiser issued by another state, if:

(a) The property to be appraised is part of a federally related transaction, as that term is defined in Section 475.611(1)(s)(p), F.S.

(b) No change.

(c) The appraiser registers with the Board. Registration shall be on FREAB Form 13 which is incorporated by reference in DBPR Rule 61-35.026, Florida Administrative Code in such a manner as determined by the Department.

(d) No change.

(2) through (3) No change.

Rulemaking Authority 475.614 FS. Law Implemented 455.213, 475.630 FS. History–New 10-15-91, Formerly 21VV-7.005, Amended 6-1-04,       .

 

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

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Florida Real Estate Appraisal Board

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: October 5, 2020

DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAR: November 25, 2020