Residential Appraisal Ser
Sophomore Member
- Joined
- Jan 26, 2002
AI sponsored bill 1866 that would have moved the OREA to the DOC and fought against its passage by the American Guild of Appraisers OPEIU AFL-CIO was vetoed by Governor Gray Davis yesterday.
The Bill would have put the OREA under the commission that also oversees lenders and realtors. The power of appointments would have been given to the commissioner instead of the Governor. It would have deminished the office.
Appraisals under the Federal Deminimus and not federally related would not have to be done by a licensed appraiser.
We feel that this is a victory for the appraiser and keeps the OREA as an
independent body.
William Sentner
President
Amercian Guild of Appraisers OPEIU AFL-CIO

The Bill would have put the OREA under the commission that also oversees lenders and realtors. The power of appointments would have been given to the commissioner instead of the Governor. It would have deminished the office.
Appraisals under the Federal Deminimus and not federally related would not have to be done by a licensed appraiser.
We feel that this is a victory for the appraiser and keeps the OREA as an
independent body.
William Sentner
President
Amercian Guild of Appraisers OPEIU AFL-CIO

