Professional Appraisers Association of SD
FIND AN APPRAISER
Perform Simple, Advanced or County Search >>

News

Category: News

ASFMRA Education Approved for Veterans

Thursday, September 27, 2018
Veterans Administration Approval.pdf
CategoriesNews

PAASD Joins Other SD and ND Appraiser Organizations to Oppose HR 6347 and HR 6348.

Wednesday, September 26, 2018
ND-SD SBA letter-Final.pdf
CategoriesNews

PAASD Professional Development Scholarship Application for Jan 2019 Award

Monday, September 24, 2018

2018 PAASD Professional Development Scholarship Application -Rev10-2018.pdf


CategoriesHot Topics, News

New Rules THAT REDUCE CRITERIA TO UPGRADE WILL GO INTO EFFECT 6/25/2018

Wednesday, June 20, 2018
Notice from Appraiser Cert Program re June 25, 2018.pdf
CategoriesHot Topics, News

News Release: Fannie and Freddie Will Update UAD and Their Residential Forms

Wednesday, May 23, 2018
UAD-announcement-May-2018.pdf
CategoriesNews

Letter from SD and ND United States Senators

Thursday, May 17, 2018
Senate Letter to TAF 05 14 2018.pdf
CategoriesHot Topics, News

New Rules Will Reduce Criteria to Upgrade

Friday, April 20, 2018
Appraiser Cert Program - 05-14-2018 Public Hearing.pdf
CategoriesHot Topics, News

PRESS RELEASE - AQB Adopts Revised Criteria for Real Property Appraiser Qualifications

Thursday, February 1, 2018

On February 1, 2018, the AQB adopted Sections 1, 2, and 4 of the Fourth Exposure Draft with an implementation date of May 1, 2018.

Click on the link below to read the entire Fourth Exposure Draft.
AQB Fourth Exposure Draft RPAQC FINAL.pdf

 

 

National Board Adopts Revised Criteria for

Real Property Appraiser Qualifications

 

FOR IMMEDIATE RELEASE

February 1, 2018 

 

Contact:

Paula Douglas Seidel

paula@appraisalfoundation.org, 202.624.3048

 

Washington, DC -- The Appraiser Qualifications Board (AQB) of The Appraisal Foundation (Foundation) adopted revisions to the Real Property Appraiser Qualification Criteria (Criteria). These changes will provide additional methods for entry into the real property appraisal profession in the United States. The Criteria will become effective on May 1, 2018.

 

Today’s changes were the result of a nearly three-year process of deliberations, which included the issuance of a discussion draft, concept paper, and four exposure drafts. The proposed changes were publicly vetted at a formal hearing, focus group session, and at several public board meetings. The proposed changes generated over 1,300 comment letters. 

 

Today’s changes include a number of options for entry into the residential appraisal profession. Additionally, the number of experience hours and timeframe for obtaining that experience have been modified.

 

In the coming months, the AQB will further develop a concept that was outlined in previous exposure drafts: Practical Applications of Real Estate Appraisal (PAREA). PAREA will provide an alternative method for appraisers to gain experience towards obtaining a real property appraiser credential by performing USPAP-compliant appraisals on real properties as well as virtual properties via emerging classroom technology. 

 

Mark Lewis, Chair of the Appraiser Qualifications Board, said of today’s action, “The importance of qualified appraisers performing solid valuations on residential and non-residential real property cannot be understated.” He continued, saying, “The Real Property Appraiser Qualification Criteria is a living document that needs to fully reflect ongoing changes in the marketplace. These changes were adopted with the ultimate goal of protecting the public trust.” 

 

The Foundation will work closely with state appraiser regulatory agencies to implement the new Criteria by the effective date of May 1, 2018. Visit The Appraisal Foundation’s website at www.appraisalfoundation.org for more information on these exciting new changes. 


CategoriesHot Topics, News

Scholarship Fund Donation Pledge

Saturday, January 13, 2018
Scholarship Fund Donation Pledge.pdf
CategoriesHot Topics, News

PAASD BOD Meeting Minutes 10/5/2017

Monday, January 8, 2018
October 5, 2017 PAASD BOD Meeting Minutes.pdf

CategoriesNews
Next Page >
P.O. Box 7742 | Rapid City, SD 57709
(605) 716-9011
Contact Us
Copyright ©2018 PAASD