Bob Ipock
Elite Member
- Joined
- Jan 15, 2002
- Professional Status
- Certified Residential Appraiser
- State
- North Carolina
ASC Field Review Reponse 11/30/2006
• The Board renewed certified credentials for appraisers who did not meet the Appraiser
Qualification Board’s (“AQB”) continuing education criteria.
As discussed in our September 26, 2006 field review letter, the Board issued and renewed the
certified credentials of two North Carolina legislators who failed to meet the AQB’s continuing
education criteria. One of the appraiser/legislators documented sufficient continuing education
(28 hours in the two-year CE cycle) to qualify for certification renewal on June 30, 2005. This
individual chose to pay the National Registry fee and be listed as Active on the National
Registry.
The other appraiser/legislator continued to rely on North Carolina’s legislative exemption.
This individual initially qualified as a certified residential appraiser in 1991, and upgraded to the
certified general level in 1992. Since 1993, the Board has renewed the certified general
credential each cycle.
In our September 26, 2006 field review letter, we directed the Board to take certain actions to
address this situation. Based on your response, we understand that the Board recalled the
credential and reissued a new certificate prominently stating the individual’s ineligibility to
appraise property for federally related transactions. At your direction, the appraiser is now
identified as “Inactive” on the National Registry. You provided a copy of the letter sent to the
appraiser describing the situation and the actions necessary for placement on the National
Registry. You assured us that the Board will be vigilant in future renewal periods to ensure that
individuals failing to meet the continuing education requirements are not submitted for inclusion
on the National Registry.
Another loophole closed.
• The Board renewed certified credentials for appraisers who did not meet the Appraiser
Qualification Board’s (“AQB”) continuing education criteria.
As discussed in our September 26, 2006 field review letter, the Board issued and renewed the
certified credentials of two North Carolina legislators who failed to meet the AQB’s continuing
education criteria. One of the appraiser/legislators documented sufficient continuing education
(28 hours in the two-year CE cycle) to qualify for certification renewal on June 30, 2005. This
individual chose to pay the National Registry fee and be listed as Active on the National
Registry.
The other appraiser/legislator continued to rely on North Carolina’s legislative exemption.
This individual initially qualified as a certified residential appraiser in 1991, and upgraded to the
certified general level in 1992. Since 1993, the Board has renewed the certified general
credential each cycle.
In our September 26, 2006 field review letter, we directed the Board to take certain actions to
address this situation. Based on your response, we understand that the Board recalled the
credential and reissued a new certificate prominently stating the individual’s ineligibility to
appraise property for federally related transactions. At your direction, the appraiser is now
identified as “Inactive” on the National Registry. You provided a copy of the letter sent to the
appraiser describing the situation and the actions necessary for placement on the National
Registry. You assured us that the Board will be vigilant in future renewal periods to ensure that
individuals failing to meet the continuing education requirements are not submitted for inclusion
on the National Registry.
Another loophole closed.
