61J1-6.001: Experience Requirement
PURPOSE AND EFFECT: The Florida Real Estate Appraisal Board is revising Rule 61J1-6.001, F.A.C. to amend the citations in the rule for implementing the changes to Section 475.611 of the Florida Statutes.
SUMMARY: Rule 61J1-6.001, F.A.C. is revised to amend the citations in the rule for implementing the changes to Section 475.611 of the Florida Statutes.
SUMMARY 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, 475.615(2) FS.
LAW IMPLEMENTED: 455.213, 475.611(1)(o), 475.615(2), 475.617, 475.626 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: Michael E. Murphy, 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:
61J1-6.001 Experience Requirement.
(1) through (4) No change.
(5)(a)1 No change.
2. Certified general: Experience shall consist of a minimum of 23 Summary or Self-Contained Appraisal Reports in a narrative format which comply with the Uniform Standards of Professional Appraisal Practice; or 12 nonresidential Summary or Self-Contained Appraisal Reports in a narrative format which comply with the Uniform Standards of Professional Appraisal Practice as defined in Section 475.611(1)(q)(o), Florida Statutes, and 135 non-narrative supportable and documented appraisal reports presented in a format generally acceptable to the appraisal industry.
(b)1. through 2.c. No change.
3. Mass appraisals must be as set forth in Standard Rule 6 of the Uniform Standards of Professional Appraisal Practice as defined in Section 475.611(1)(q)(o), Florida Statutes.
4. through (c)1. No change.
2.a. Review appraisal experience may be claimed only when reviews are as set forth in Standard Rule 3 of the Uniform Standards of Professional Appraisal Practice as defined in Section 475.611(1)(q)(o), Florida Statutes.
(d)1. No change.
2. Experience may be claimed only when performed as set forth in Standard Rules 4 and 5 of the Uniform Standards of Professional Appraisal Practice as defined in Section 475.611(1)(q)(o), Florida Statutes, as applicable.
(e) through (e)1. No change.
2. Experience may be claimed only when the analysis/study is prepared as set forth in Standard Rules 1 and 2 of the Uniform Standards of Professional Appraisal Practice as defined in Section 475.611(1)(q)(o), Florida Statutes, and the applicant can demonstrate that he is using similar techniques as appraisers to value properties and effectively utilize the appraisal process.
(6) through (7) No change.
Specific Authority 475.614, 475.615(2) FS. Law Implemented 455.213, 475.611(1)(q)(o), 475.615(2), 475.617, 475.628 FS. HistoryNew 10-15-91, Formerly 21VV-6.001, Amended 9-22-93, 9-6-94, 2-19-98, 9-6-98, 12-12-99, 10-1-00, 6-1-04, 3-1-06, .
