Purpose
The purpose of this amendment is to make the appropriate changes to the Rule 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 sales 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 consistency among conservation and non-conservation land acquisitions in regards to the appraisal review requirements based on the value of the parcel. The proposed changes will revise subsection 18-1.002(29), F.A.C., and the Supplemental Appraisal Standards for Board of Trustees Land to update the citation of the Uniform Standards of Professional Appraisal Practice to the version effective January 1, 2010. Finally, the adoption by reference of the Supplemental Appraisal Standards for Board of Trustees Land is moved from subsection 18-1.006(1), F.A.C., to definitions in subsection 18-1.002(27), F.A.C.