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Printable Content The majority of real estate appraiser licensing activity is done online through Pearson VUE. The Department has worked with Pearson VUE to develop the PULSE system which allows you to apply for licenses, renew existing licenses, check on continuing education, or perform other tasks such as updating an address. Some license activity is still done on paper. Links to the forms you need are in the right hand column of the page related to the licenses that use paper forms. Effective August 1, 2009, a new law requires trainee and supervisory real property appraisers to include additional information with each initial or renewal license application. Trainees must provide the name and address of their supervisory appraiser(s). Certified residential real property appraisers and certified general real property appraisers who intend to act in the capacity of a supervisory appraiser must provide the name and address of the trainee real property appraiser(s) that they intend to supervise. In addition, trainees must notify the Commissioner of Commerce in writing within ten days of terminating or changing their relationship with any supervisory appraiser. Supervisory appraisers must notify the Commissioner of Commerce in writing within ten days when the supervision of a trainee has terminated or when the trainee is no longer under the supervision of the supervisory appraiser. Certified residential real property appraisers and certified general real property appraisers may have no more than three trainees working under supervision at any one time. The PULSE system will be reconfigured to accommodate these requirements sometime this fall. Until then, trainee and supervisory real property appraisers who submit an initial or renewal license application on or after August 1, 2009, should complete this form to supply the required information. The complete text of the new law, which includes other important requirements, is available here (see sections 52-54). The 2010-11 edition of the Uniform Standards of Professional Appraisal Practice (USPAP) becomes effective on January 1, 2010. We encourage all appraisers to review the Appraisal Standards Board's 2009 Summary of Actions document. One particular revision to USPAP will affect each assignment starting in 2010: Appraisers will be required to disclose to their client, prior to engagement (as well as within the certification of the report): "Any services regarding the subject property performed by the appraiser within the prior three years, as an appraiser or in any other capacity." To help you, the Appraisal Standards Board issued a series FAQs in its April 2009 USPAP Q&A document. The Board will also add additional Q&A's for publication this month on this same topic. If you have questions or need more information, contact John Brenan, Director of Research & Technical Issues at (202) 624-3044 or john@appraisalfoundation.org . Important information concerning new eligibility requirements from the U.S. Department of Housing and Urban Development. The 2009 statutes available on the Revisor's Office website have been updated with the changes to Licensing requirements that do not take effect until July 1, 2010. Current requirements are available here. Printable Content
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