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Category: Hot Topics

Concept Paper - Evaluation Standards in USPAP

Thursday, September 12, 2019
Concept Paper – Evaluation Standards in USPAP - FINAL.pdf
CategoriesHot Topics

SAVE THE DATE! January 15 and 16, 2020, Annual Meeting and Education Event in Chamberlain

Monday, April 15, 2019

SAVE THE DATE! January 15 and 16, 2020.
The 2020 Annual Meeting will be held at Arrowwood Cedar Shore on the Missouri River in
Chamberlain


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Read the WAIVER REQUEST submitted to the ASC for all of North Dakota

Monday, April 15, 2019

Combined Application Response Letter with Exhibits.pdf

The ND Governor, the ND Bankers Association, and the ND Dept of Financial Institutions has submitted their letter to the ASC to clarify and offer additional information regarding their first letter of request in August 2018.


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How to create your PERSONAL account

Thursday, December 6, 2018
PAASD WEBSITE Registration Instructions.pdf
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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
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Real Property Appraiser Qualification Criteria - Summary of Changes

Wednesday, June 20, 2018
RPAQC Summary of Changes February 2018.pdf
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Letter from SD and ND United States Senators

Thursday, May 17, 2018
Senate Letter to TAF 05 14 2018.pdf
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New Rules Will Reduce Criteria to Upgrade

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


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Scholarship Fund Donation Pledge

Saturday, January 13, 2018
Scholarship Fund Donation Pledge.pdf
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