LSA # 14-304 Real Estate Appaiser Board federal updates rule
Rulemaking Docket |
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Date (“E”) for estimated future date |
Information |
| LSA document number | LSA Document #14-304 | |
| Description of rule | Amends 876 IAC 3-3-3.1 to require that appraiser trainees complete a supervisor/trainee course to meet licensure requirements and requires that qualifying education be completed within the five (5) years prior to the date of application. Amends 876 IAC 3-3-4.1 to require a bachelor’s degree for licensure as a certified residential appraiser and to allow qualifying education to be obtained through an accredited college or university. Amends 876 IAC 3-3-5.1 to require a bachelor’s degree for licensure as a certified general appraiser and to allow qualifying education to be obtained through an accredited college or university. Repeals 876 IAC 3-3-5.2. Amends 876 IAC 3-6-9 to require certified residential and certified general appraisers to hold an Indiana certification for at least three (3) years before acting as a supervisor, have no disciplinary action taken within the last three (3) years against an appraiser license or certification in any jurisdiction that affects the supervisory appraiser’s legal ability to engage in appraisal practice, and allows a supervisor to supervise up to three (3) trainees at the same time. Amends 876 IAC 3-6-10 to require that certified residential and certified general appraisers complete the supervisor/trainee course prior to commencing association with an appraiser trainee and modifies the requirements of the course. |
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| Notice of intent | 08-13-2014 | http://www.in.gov/legislative/iac/20140813-IR-876140304NIA.xml.pdf |
| Proposed rule | 11-26-2014 | http://www.in.gov/legislative/iac/20141126-IR-876140304PRA.xml.pdf |
| Public hearing notice (publication date) |
11-26-2014 | http://www.in.gov/legislative/iac/20141126-IR-876140304PHA.xml.pdf |
| Economic impact statement | 11-26-2014 | http://www.in.gov/legislative/iac/20141126-IR-876140304EIA.xml.pdf |
| Public hearing date and location | 402 W. Washington Street, Room W064, Indianapolis, IN 46204 at 3:00 pm |
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| IEDC comments | ||
| Deadline for comments | 12-17-2014 | |
| Submit comments Online | Email to pla9@pla.in.gov |
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| Mailing address for comments | 402 W. Washington Street, Room W072, Indianapolis, IN 46204 |
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| Comments may be inspected at this location | Indiana Real Estate Commission, 402 West Washington Street, Room W072, Indianapolis, IN 46204 |
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| Other notices | ||
| Adoption of final rule | 12-17-2014 (E) | Public Hearing at 402 Washington Street, Room W064, Indianapolis, IN 46204 at 3:00 p.m. |
| Submitted to Attorney General | 12-18-2014 (E) | |
| Deadline for Attorney General action | 02-01-2015 (E) | |
| Submitted to Governor | 12-19-2014 (E) | |
| Deadline for Governor’s action (may be extended an additional 15 days) | 01-03-2015 (E) | |
| Final rule filed with the Indiana Register | 01-02-2015 (E) | |
| Final rule published in the Indiana Register | 01-28-2015 (E) | |
| Effective date of rule | 02-01-2015 (E) | |