Checklist for Becoming Licensed and/or
Certified Appraiser
(5/04/12)
License Fee Increase
(3/30/12) |
As of October 1,
2011 any AMC doing business in
Alabama, must be registered by the Board.
Read More..
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AMC
Registration Forms
(6/30/11) |
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AMC Legislation Passed
(6/21/11) |
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2011 Summary of Actions
Related to Proposed USPAP Changes
(adopted April 8, 2011).
The
Appraisal Standards Board (ASB) has issued
this
updated
document on May 16, 2011. |
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New Miscellaneous Fees Increase
At the January 20, 2011 meeting, the Board
voted
to amend the miscellaneous fees.(6/10/11) |
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New Application Fees Increase
At the January 20, 2011 meeting, the Board
voted
to increase application fees.(6/10/11) |
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New Annual License Fees
At the January 20, 2011 meeting, the Board
voted to
amend the delinquent charges to
annual license fees.(6/10/11) |
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Trainee / Mentor Board Meeting
Orientation
Dates
have been set! Registration Forms have been
mailed!
All Trainee and Mentor Appraisers
must attend one of the three
Board
Meeting Orientations before 9/30/11.
Contact
Tiffany at
tiffany.baker@reab.alabama.gov for a
Registration Form or additional
information.(3/07/11) |
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New Trainee / Mentor Orientation
(2/14/11) |
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New
Experience Log Adopted July 15, 2010
On 7/15/10, the REAB voted to amend the
Experience Log to include the actual hours
spent
completing each appraisal.
This log must be used for
any appraisals
completed on or after the date.
Click
here
to take you to the Experience Log or it can
be found under Licensure and
Certification Process. |
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Annual License Fee is due on September 30th
Every Year
Late fees paid after
9/30 are $50.00
Late fees paid after 3/31
are $250.00
Renewals begin on August 1st |
FHA Roster Appraisers
FHA has
published FHA Appraisers Newsletter Fall
Issue.
Visit their Appraisers home page
at www.hud.gov.
(10-27-10) |
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Appraiser Email
Address
All Appraisers should
provide their email address to the Board via
mail, fax or email
carolyn.greene@reab.alabama.gov |
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Appraisers Definition of Value
USPAP requires an appraisal report to
include a citation of the source of the
value of definition used for the appraisal.
The Board often see reports where the
citation if omitted because appraisers are
used to it being part of the language
included in the report by the software
company. Please check your reports
carefully! If the company does not
include the language, you must add it to
your addendum as standard language. |
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Drive-By Rule
Effective August
2007, REAB will no longer award experience
credit for residential appraisals that do
not include both an interior and exterior
inspection (drive-by appraisals). Credit
will be awarded for drive-by appraisals
completed by the applicant prior to August
24, 2007. |
HVCC_Letter(4/1/08) |
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Appraisal of Manufactured Housing |
