Alabama Administrative Code Title 780 - ALABAMA REAL ESTATE APPRAISERS BOARD
Alabama Administrative Code – Title 780: ALABAMA REAL ESTATE APPRAISERS BOARD
Title 780 of the Alabama Administrative Code establishes the rules and regulations governing the Alabama Real Estate Appraisers Board (AREAB). This board is responsible for licensing, regulating, and overseeing real estate appraisers in Alabama, ensuring compliance with state law and federal standards.
🔑 Key Provisions in Title 780:
1. Licensing and Certification (Chapters 780-X-1 to 780-X-4)
Sets requirements for licensure and certification of real estate appraisers:
Trainee Real Property Appraiser
Licensed Real Property Appraiser
Certified Residential Real Property Appraiser
Certified General Real Property Appraiser
Outlines education, experience, and exam prerequisites.
Describes the reciprocity process for out-of-state applicants.
2. Continuing Education
Requires 14 hours of continuing education annually (or 28 hours over 2 years), including a mandatory 7-hour USPAP update course.
Specifies qualifying CE course providers and approval procedures.
3. Standards of Practice
Appraisers must comply with the Uniform Standards of Professional Appraisal Practice (USPAP).
Provides rules regarding ethical conduct, objectivity, and competency.
4. Disciplinary Procedures
Outlines complaint investigation and disciplinary action processes.
Sanctions may include:
Fines
License suspension or revocation
Mandatory education
Probation
5. Fees
Lists fees for applications, renewals, reactivations, upgrades, and examinations.
Includes penalties for late renewals or reinstatement after license lapse.
6. Appraisal Management Companies (AMCs)
Establishes rules for registration and regulation of AMCs operating in Alabama.
Includes standards for AMC conduct and procedures for complaint handling.
🏛️ Board Duties
The Alabama Real Estate Appraisers Board is tasked with:
Issuing and renewing licenses
Enforcing USPAP standards
Investigating complaints
Conducting hearings and imposing discipline
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