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Freab Rules Meeting/discussion

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Joined
Jan 13, 2002
Professional Status
Retired Appraiser
State
Florida
Tuesday, July 8th

All Florida appraisers should plan on attending!!!! Here's your chance to stand up and help make a difference!!!!!!

Besides, lunch will probably be a lot of fun!

I'm planning on arriving Monday night and staying at the downtown Holiday Inn.
 

Francois K. Gregoire

Senior Member
Joined
Jan 14, 2002
Professional Status
Certified Residential Appraiser
State
Florida
Originally posted by Pamela Crowley (Florida)@Jul 2 2003, 01:18 PM
Tuesday, July 8th

All Florida appraisers should plan on attending!!!! Here's your chance to stand up and help make a difference!!!!!!

Besides, lunch will probably be a lot of fun!

I'm planning on arriving Monday night and staying at the downtown Holiday Inn.
Hi All,

For those of you planning on attending, here's a link to the current Rules of the Florida Real Estate Appraisal Board:

FREAB Rules

You'll find the complete text of the amended statute

HERE!!

Even if you're not planning to attend, it sure makes sense to have copies of these documents. If you are not now a member of the FAR Appraisal Council Listserve, feel free to sign up. It's open to all Florida Appraisers.

Not sure if I'm heading over Monday night or Tuesday morning, but I do plan on being there.

Frank
 

Dennis J. Black ASA IFAS

Senior Member
Joined
Mar 5, 2002
Professional Status
Certified General Appraiser
State
Florida
Was planning on attending, but I went to the county offices on Wednesday for my paperwork on my new office, and they scheduled my fire inspection for Tuesday. Hope all goes well.
 
Joined
Jan 13, 2002
Professional Status
Retired Appraiser
State
Florida
:twisted:

Computer and internet have been broke since last Friday morning, just fixed tonight.

This put me way far behind and I have to play catch up. I'm staying home working tomorrow.

:twisted: :twisted: :twisted:
:(
 

Francois K. Gregoire

Senior Member
Joined
Jan 14, 2002
Professional Status
Certified Residential Appraiser
State
Florida
Yesterday, July 8, 2003, the Florida Real Estate Appraisal Board held
a Rules Development Workshop to review all current rules and discuss
the need for new rules to implement some of the amendments to Chapter
475, Part II. As you know, these amendments became effective July 1,
2003. Subsequent to this workshop, rules will be drafted and the
FREAB will meet for Rule Making. This, of course, will be a public
meeting and public comment will be encouraged.

New rules will be required to determine the role and responsibility
of Supervisory Appraisers, the maximum number of Registered Traineee
Appraisers to be supervised and geographic proximity required.

Initially, the FREAB decided to have a rule explicitly stating the
Supervisory Appraiser is 100% responsibile for appraisal work
completed by their trainees.

There will likely be a rule stating:

a. The appraiser trainee shall be subject to direct supervision by a
supervising appraiser who shall be state licensed or certified in
good standing.

b. The supervising appraiser shall be responsible for the training
and direct supervision of the appraiser trainee by:

(1) accepting responsibility for the appraisal report by signing and
certifying the report is in compliance with the Uniform Standards of
Professional AppraisalPractice (USPAP).

(2) reviewing the appraiser trainee appraisal report(s); and

(3) personally inspecting each appraised property with the appraiser
trainee until the supervising appraiser determines the appraiser
trainee is competent in accordance with the COMPETENCY RULE of the
Uniform Standards of Professional Appraisal Practice (USPAP) for the
property type.

(After this rule is drafted, there will likely be a fair amount of
fine tuning - some commenters would like to FREAB to require the
Supervisor to accompany the Trainee for a specific time period or
specific number of assignments)

The FREAB asked a rule be drafted limiting the number of Trainees
to be supervised by an individual to a maximum of six. (some members
of the FREAB believe the limit should be two).

There may be rules to specify geograhic proximity of trainees and
assignments based upon property type - the entire state for non-
residential assignments and contiguous counties for residential
assignments.

Rules will be drafted specifying the Post License Education required
of Registered Trainee Appraisers will be 45 hours. This will include
the 15 Hour National USPAP Course conducted by an AQB Certified USPAP
Instructor. Portions of this Post License Education may fulfill the
Continuing Education required of Trainees.

Rule 61J1-7.001 will be amended to specify Trainees will be permitted
to refer to themselves as

State Registered Trainee Real Estate Appraiser
State Registered Trainee Appraiser
Registered Trainee Appraiser or
Trainee

Rule 61J1 2.001 will be amended to reflect the additional charge for
processing fingerprint card.

Rule 61J1-4.003 will be amended to require the 7 Hour National USPAP
Update Course conducted by an AQB Certified USPAP Instructor for
beinnial Cointinuing Education. It will aslo be amended to require a
3 hour State and Federal Law Update.

An important amendment to the appraisal license law permits the FREAB
to enter into MUTUAL RECOGNITION AGREEMENTS with other states with
similar licensing or certification requirements. The FREAB took no
action to implement this at the July 8 meeting. Several states will
be contacted to determine the level of interest (Georgia is at the
top of the list).

Several other items were discussed, but the high points are above.
When the text of the rules has been drafted and is made available,
I'll post here or provide a link.

Those of you that attended the meeting, please let me know if
anything of importance has been left out.

Frank
 

Dale Smalley

Senior Member
Joined
Jan 15, 2002
Professional Status
Certified Residential Appraiser
State
Florida
Thats great
How about some important stuff. How was the race!
 

Francois K. Gregoire

Senior Member
Joined
Jan 14, 2002
Professional Status
Certified Residential Appraiser
State
Florida
Originally posted by Dale Smalley@Jul 10 2003, 11:04 AM
Thats great
How about some important stuff. How was the race!
The race was great!! Hope you noticed the top three spots were taken by FORDS and there were five FORDS in the top ten.

Matt Kenseth keeps the point lead, Jeff Gordon drops one spot in the Championship quest. All the DEI, Gordon and Childress Team folks around us were stunned and silent at the end of the race. It was a great night for me in my Ford Racing TShirt.

Frank
 

Dale Smalley

Senior Member
Joined
Jan 15, 2002
Professional Status
Certified Residential Appraiser
State
Florida
Lucky break
We'll get you next time (if they don't run out of gas)

Like a rock. B)
 
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