The 2014 Day with Appraisers event was a success. Over 242 Arkansas real property appraisers attended the May 8 event at the Little Rock Embassy Suites hotel. Dennis Badger of the Appraisal Foundation’s Appraiser Standards Board was the primary speaker, along with two other brief presentations. Written and oral evaluations of the seminar were positive. This event provides seven hours of continuing education and is an opportunity for contact and conversation among appraisers.
Pursuant to Arkansas Code Annotated § 25-15-201 et seq. notice is hereby given that the Arkansas Appraiser Licensing and Certification Board is considering changes to its Rules and Regulations.
The proposed rule changes include the following subjects and issues: Definition of Supervisory Appraiser and Trainee Appraiser; Establishment of updated education requirements for new State Licensed, Certified Residential, and Certified Residential appraisers; Clarification of qualifying education credit; Addition of a $50.00 fee paid by education providers for the renewal of continuing and pre-license education courses; Deletion of the no longer applicable Appendix (also referred to as Addendum); Explanation and clarification of pre-license requirements; Clarification of the type of appraisal experience required for applicants wishing to move to a State Licensed, Certified Residential, or Certified General status; Specification of a Trainee Appraiser/Supervisory Appraiser course and conditions for those serving as Supervisory Appraiser; Elimination of “Retired” as a licensure or certification status; and for other purposes.
These proposed rules changes will be available for public review at www.arkansas.gov/alcb/ or may be seen at the office of the Arkansas Appraiser Licensing and Certification Board at 101 East Capital Ave, Suite 430, Little Rock, Arkansas during regular business hours (8:00 a.m. to 4:30 p.m.) from June 17 to July 16, 2014.
Written comments received no later than July 16, 2014 will be considered by the Arkansas Appraiser Licensing and Certification Board prior to its action on this issue. Please address all written comments to Mr. Lee Gordon, Executive Director, Arkansas Appraiser Licensing and Certification Board, 101 East Capital Ave, Suite 430, Little Rock, AR 72201.
A public hearing will be held at this address on July 16, 2014 at 10:00 a.m
Upcoming Changes to Real Property Appraiser Qualifications
You’ve been hearing about these changes for more than a year. In late 2011, the Appraiser Qualifications Board of the Appraisal Foundation adopted significant changes to the Real Property Appraiser Qualification Criteria. They become effective January 1, 2015.
Please click on the link below for a two-page summary of the changes. The Arkansas Appraiser Licensing and Certification Board has already implemented some of these qualification changes. We anticipate adopting the balance of the changes between now and the end of 2014.