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Home > Agendas > 2008-2009 > P&FR > Board of Real Estate Appraisers

2008-2009 Regulatory Agendas

02-298
Board of Real Estate Appraisers

AGENCY UMBRELLA-UNIT NUMBER: 02-298
AGENCY NAME: Department of Professional & Financial Regulation, Office of Licensing & Registration, Board of Real Estate Appraisers

CONTACT PERSON: Carol J. Leighton

EMERGENCY RULES ADOPTED SINCE THE LAST REGULATORY AGENDA: None

EXPECTED 2008-2009 RULE-MAKING ACTIVITY:

CHAPTER 220: Educational Course Requirements.
STATUTORY AUTHORITY: 32 MRSA §14012
PURPOSE: This Chapter requires that qualifying education and continuing education be approved by the Appraiser Qualifications Board. Changes to the course approval process established by the Appraiser Qualifications Board may require the Board to amend the chapter to comply with any procedural change.
The Board does not plan to use consensus-based rule development in proposing needed changes.
ANTICIPATED SCHEDULE: Within one year.
AFFECTED PARTIES: Licensees and license applicants.

CHAPTER 230: Supervising Appraiser Duties.
STATUTORY AUTHORITY: 32 MRSA §14012
PURPOSE: This Chapter establishes the supervisory responsibilities for a certified residential or certified general real property appraiser who supervises a trainee real property appraiser. The Board may amend this chapter to clarify supervisory responsibilities, as necessary. In addition, the Board may amend the records and reporting requirements, as necessary, to comply with changes adopted by the Appraiser Qualifications Board.
The Board does not plan to use consensus-based rule development in proposing needed changes.
ANTICIPATED SCHEDULE: Within one year.
AFFECTED PARTIES: Licensees and license applicants.

CHAPTER 240: Standards of Professional Practice
STATUTORY AUTHORITY: 32 MRSA §14012
PURPOSE: This Chapter references the edition of the standards of professional practice. The Board will need to amend this chapter to reference the most recent edition and effective date of the Uniform Standards of Professional Practice (“USPAP”). USPAP is typically amended on an eighteen month to two year cycle.
The Board does not plan to use consensus-based rule development in proposing any changes.
ANTICIPATED SCHEDULE: January 2010
AFFECTED PARTIES: Licensees and the public.