To remove or revise definitions and terminology to reflect accurate terms; to provide for waivers of certain survey standards if warranted by certain conditions; and to allow for limited waiver of evidence of marketable title in accordance with ...

 

BOARD OF TRUSTEES OF INTERNAL IMPROVEMENT TRUST FUND

RULE NOS.:RULE TITLES:

18-1.002Definitions

18-1.004Title

18-1.005Appraisal Map and Survey

18-1.006Appraisal Procedures, Report Requirements and Determining Maximum Amounts

18-1.007Appraiser Eligibility and Selection

18-1.013Donations

PURPOSE AND EFFECT: To remove or revise definitions and terminology to reflect accurate terms; to provide for waivers of certain survey standards if warranted by certain conditions; and to allow for limited waiver of evidence of marketable title in accordance with statutes.

SUBJECT AREA TO BE ADDRESSED: Remove and revise definitions and terminology for redundancy, accuracy, and clarity. Remove all references to the Uniform Standards of Professional Appraisal Practice (USPAP) since appraisals must be completed by State Certified Appraisers who must follow USPAP procedures and practices. Allow the Department to waive any portion of Supplemental Standards on land valued at $100,000 or less if best professional judgment demonstrates it would not be detrimental to credible assignment result. Add the requirement for an appraiser’s eligibility and selection to submit one appraisal report demonstrating such competence and expertise for one of the specialty property types, and also to demonstrate general appraisal competence by submission of an appraisal report that includes sales comparison, cost, and income approaches. Allow approved appraisers to request reaffirmation to remain on the approved appraisers list every two years rather than every year. Remove reward of additional points for professional appraisal designation by approved appraisal organization. Remove requirement for Standard 3 review from Rule, as this is an internal procedural matter not suited for rule. Allow for limited waiver of evidence of marketable title in accordance with statutes.

RULEMAKING AUTHORITY: 253.03, 253.025, 259.041 FS.

LAW IMPLEMENTED: 253.025, 259.041, 373.139 FS.

A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:

DATE AND TIME: July 17, 2015, 2:00 p.m.

PLACE: Douglas Building, Conference Room A, 3900 Commonwealth Blvd., Tallahassee, FL 32399

Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 48 hours before the workshop/meeting by contacting: Elaine Mann, [phone], [e-mail] If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Elaine Mann, [phone], [e-mail]

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.