; The petition seeks the Board’s interpretation of Title XXXII, Chapter 475, sections 475.611(3)(c), (d) and 475.475.6235(1), Florida Statutes, regarding whether Petitioner, in using an internal appraisal process constitutes an “appraisal ...

 

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION

Florida Real Estate Appraisal Board

NOTICE IS HEREBY GIVEN that The Florida Real Estate Appraisal Board has received the petition for declaratory statement from Cary Whitaker. The petition seeks the agency's opinion as to the applicability of Cary Whitaker, Qualified Representative, on behalf of Cornerstone Home Lending, Inc., filed on August 30, 2013, as it applies to the petitioner.

The petition seeks the Board’s interpretation of Title XXXII, Chapter 475, Sections 475.611(3)(c), (d) and 475.475.6235(1), Florida Statutes, regarding whether Petitioner, in using an internal appraisal process constitutes an “appraisal management service.” Whether Petitioner is considered an “Appraisal Management Company; whether Petitioner is required to become registered or licensed as an appraisal management company; what aspects define an “Appraisal Management Company”; does the use of software make Petitioner an appraisal management company; is Mercury Network considered an appraisal management company; should Mercury Network or Cornerstone Mortgage Company be licensed as an appraisal management company. Except for good cause shown, motions for leave to intervene must be filed within 21 days after publication of this notice.

A copy of the Petition for Declaratory Statement may be obtained by contacting Juana Watkins, Director, Division of Real Estate, 400 West Robinson Street, Suite N801, Orlando, Florida 32801, [e-mail] or by telephoning [phone].

Please refer all comments to: Juana Watkins, Director, Division of Real Estate, 400 West Robinson Street, Suite N801, Orlando, Florida 32801. [e-mail] or by telephoning [phone].