No. 29829: R162-103. Appraisal Education Requirements

DAR File No.: 29829
Filed: 04/18/2007, 01:21
Received by: NL

NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

Subsection 61-2b-6(1)(l) authorizes the Division of Real Estate to adopt, with the concurrence of the Appraiser Board, rules for the administration of the appraiser licensing chapter. Subsections 61-2b-8(1)(a) and (b) require the Appraiser Board to determine the education requirements for persons licensed and certified under the chapter.

Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

No written comments have been received.

Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

The federal Appraisal Subcommittee requires the states to license and certify appraisers in accordance with the standards established by the Appraisal Qualifications Board. It is therefore necessary for the Utah Appraiser Licensing and Certification Board to make rules specifying the education requirements for licensing and certification. Therefore, this rule should be continued.

The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:

Commerce
Real Estate
HEBER M WELLS BLDG
160 E 300 S
SALT LAKE CITY UT 84111-2316

Direct questions regarding this rule to:

Shelley Wismer at the above address, by phone at 801-366-0145, by FAX at 801-366-0315, or by Internet E-mail at [e-mail]

Authorized by:

Derek Miller, Director