LSA# 18-65 Real Estate Commission - Appraiser Rule Update
Rulemaking Docket |
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Date (“E”) for estimated future date |
Information |
| LSA document number | LSA# 18-65 | |
| Description of rule | Amends 876 IAC 3-2-3 to clarify the type of work that may be done by different types of licensees. Amends 876 IAC 3-3-2 to delete outdated language. Amends 876 IAC 3-3-3.1 to change the Indiana trainee appraiser education hours from ninety (90) hours to seventy five (75) classroom hours of specific course content and removes outdated language. Amends 876 IAC 3-3-4.1 to state educational requirements for Indiana certified residential appraiser’s applicants who hold another license. Amends 876 IAC 3-3-5.1 to state educational requirements for Indiana certified general appraiser’s applicants who hold another license. Amends 876 IAC 3-3-6 to correct a cross reference. Amends 876 IAC 3-3-7 to correct a cross reference. Amends 876 IAC 3-3-8 to change a cross reference. Amends 876 IAC 3-3-9 to clarify application requirements. Amends 876 IAC 3-3-10 to provide clarifications and to bring it into compliance with Federal requirements. Amends 876 IAC 3-3-11 to clarify terminology. Amends 876 IAC 3-3-12 to provide clarification and to eliminate redundancy. Amends 876 3-3-13.1 to provide a new table for clarification of residential appraisal experience requirements for applicants. Amends 876 IAC 3-3-13.2 to provide a new table for clarification of general appraisal experience requirements for applicants. Amends 876 IAC 3-3-14 to correct a cross reference. Amends 876 IAC 3-3-15 to remove outdated language. Amends 876 IAC 3-3-16 to remove outdated language. Amends 876 IAC 3-3-17 to remove outdated language. Amends 876 IAC 3-3-21 to allow four (4) rather than three (3) temporary permits per calendar year and clarifies what constitutes and appraisal assignment for a temporary permit. Amends 876 IAC 3-5-2 to provide clarification and to allow continuing education credit to an appraiser who attends a board meeting with a minimum of two (2) hours in length but may not exceed seven (7) hours. Amends 876 IAC 3-5-2.5 to allow approval of continuing education courses by the board to be sought by an appraiser taking the course as well as by the course provider. |
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| Notice of intent | 01-31-2018 | http://www.in.gov/legislative/iac/20180131-IR-876180065NIA.xml.html |
| Proposed rule | 05-30-2018 | http://www.in.gov/legislative/iac/20180530-IR-876180065PRA.xml.pdf |
| Public hearing notice (publication date) |
05-30-2018 | http://www.in.gov/legislative/iac/20180530-IR-876180065PHA.xml.pdf |
| Economic impact statement | http://www.in.gov/legislative/iac/20180530-IR-876180065EIA.xml.pdf | |
| Public hearing date and location | 07-25-2018 | Public Hearing will be held on July 25, 2018 @ 9:00 a.m. in room W064 located at 402 West Washington Street Indianapolis, IN |
| Deadline for comments | 07-25-2018 | Deadline to submit comments is the July 25, 2018 Public Hearing. |
| Submit comments Online | Email to Pla9@pla.in.gov |
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| Mailing address for comments | Deanna Alexander, Director 402 West Washington Street, Room W072 Indianapolis, IN 46204 |
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| Comments may be inspected at this location | Real Estate Commission 402 West Washington Street, Room W072 Indianapolis, IN 46204 |
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| Adoption of final rule | 07-25-2018 (E) | |
| Submitted to Attorney General | 07-25-2018 (E) | |
| Deadline for Attorney General action | 09-08-2018 (E) | |
| Submitted to Governor | 08-30-2018 (E) | |
| Deadline for Governor’s action (may be extended an additional 15 days) | 09-14-2018 (E) | |
| Final rule filed with the Indiana Register | 09-14-2018 (E) | |
| Final rule published in the Indiana Register | 10-10-2018 (E) | |
| Effective date of rule | 10-14-2018 (E) | |