Purpose


The purpose of this ammendment is to make the appropriate changes to the Chapter 18-1, F.A.C., reflecting the recent legislative changes to Section 253.025, F.S. Pursuant to Section 253.025(6)(f), F.S., the Board of Trustees shall adopt a rule providing for waiver of sale history in appraisal reports where it is cost prohibitive compared to the value of the parcel. Furthermore, pursuant to Section 253.025(6)(e), F.S., changes to paragraph 18-1.007(5)(b), F.A.C., are proposed for consistancy among conservation and non-conservation land acquisitions in regards to the appraisal review threshold based on the value of the parcel. Finally, the proposed changes will revise subsection 18-1.002(29), F.A.C., to update the citation of the Uniform Standards of Professional Appraisal Practice to the version to be effective January 1, 2010.