Professions and occupations; real estate appraisers; educational requirements as specified by the Appraiser Qualifications Board of the Appraisal Foundation; effective date.
What changed between versions
Replaced specific minimum classroom hour requirements with flexible educational standards based on Appraiser Qualification Criteria from the Appraisal Foundation
Removed requirement that class costs be established by the Board, allowing more flexibility in how educational programs are priced
Changed complaint filing requirements to allow both paper and electronic submission formats
Added new penalty options including stipulations, limitations, restrictions, and conditions relating to practice
Increased minimum administrative fine from $50 to a range of $50 and up, with clearer fee structures for legal and monitoring costs
Updated educational requirements for Trainee Appraisers to align with national qualification criteria rather than fixed classroom hours