AQB ANNOUNCES CHANGES TO APPRAISER QUALIFICATIONS
On February 1, 2018, the Appraiser Qualifications Board of The Appraisal Foundation adopted changes to the Real Property Appraiser Qualification Criteria that will become effective May 1, 2018. These changes represent minimum qualifications for real property appraisers in the United States. To become a real property appraiser, candidates must obtain qualifying education hours, and, as applicable, obtain college-level education and experience hours, and successfully pass the National Uniform Licensing and Certification Examination. The attached is a summary of changes to the Criteria effective May 1, 2018.
The State Board of Certified Real Estate Appraisers is working on drafting regulations that will incorporate the changes to the AQB Criteria. At the Board’s next board meeting, on March 29, 2018, the Board will discuss the effective date for all of the AQB changes for Pennsylvania licensees.
LICENSED APPRAISER TRAINEE BIENNIAL RENEWAL FEES
On January 23, 2016, the State Board of Certified Real Estate Appraisers (Board) published a final-form rulemaking regarding biennial fees for licensed appraiser trainees. The Board’s final- form rulemaking amended Section 36.6 of the Board’s regulations, which lists a schedule of fees charged by the Board.
Beginning with the June 30, 2017, renewal period, the biennial renewal fee for licensed appraiser trainees is $150. You may access the Board’s amended regulation
National Registry Fee of Appraisal Management Companies (AMCs) (PDF)
Implementation Period for State Registration and Supervision of Appraisal
Management Companies (AMC) (PDF)
ASC Notice of Proposed Rulemaking on AMC Registry Fees