Ohio Administrative Code Title 1301:11 - Real Estate Appraiser Board
Ohio Administrative Code – Title 1301:11: Real Estate Appraiser Board
Overview:
Title 1301:11 of the Ohio Administrative Code (OAC) governs the Real Estate Appraiser Board in Ohio. This board operates under the Ohio Division of Real Estate and Professional Licensing (within the Department of Commerce) and oversees the licensing, regulation, discipline, and standards of real estate appraisers in the state.
The rules support and enforce Ohio Revised Code Chapter 4763, which is the primary statutory authority on real estate appraisers.
Key Sections of Title 1301:11:
🔹 1301:11-1 – General Provisions
Defines key terms and administrative structure.
Describes the composition, powers, and responsibilities of the Real Estate Appraiser Board.
Covers board meetings, quorum requirements, and rulemaking authority.
🔹 1301:11-2 – Licensing and Certification
Outlines application procedures and requirements for:
Registered Appraiser Assistants
Licensed Residential Appraisers
Certified Residential Appraisers
Certified General Appraisers
Includes:
Educational prerequisites
Experience criteria (logged hours)
Examination procedures (National Uniform Licensing and Certification Exam)
🔹 1301:11-3 – Continuing Education
Sets requirements for ongoing education to maintain licensure.
Minimum hours must be completed within a renewal cycle (usually 28 hours over two years).
Courses must be approved by the Appraiser Qualifications Board (AQB) or the Ohio board.
🔹 1301:11-4 – Standards of Practice
Requires compliance with the Uniform Standards of Professional Appraisal Practice (USPAP).
Addresses ethical duties, recordkeeping, and conflicts of interest.
Appraisers must retain workfiles for at least 5 years or 2 years after final disposition of any litigation, whichever is longer.
🔹 1301:11-5 – Disciplinary Actions
Details grounds for:
License denial, suspension, or revocation
Imposing fines or other penalties
Includes:
False or misleading appraisals
Failure to comply with USPAP
Criminal convictions
Fraudulent misrepresentation
🔹 1301:11-6 – Investigations and Complaints
Outlines procedures for filing and investigating complaints.
Includes timelines, confidentiality, and due process rights for the respondent.
Describes role of investigators and possible outcomes.
🔹 1301:11-7 – Temporary Practice Permits
Allows out-of-state appraisers to apply for temporary practice permits for specific assignments in Ohio.
Valid for a limited time and subject to the same standards as Ohio-licensed appraisers.
Purpose and Authority:
The rules in Title 1301:11 ensure:
Professional competence in real estate valuation.
Consumer protection in real estate transactions.
Enforcement of federal standards, such as those required by the Appraisal Subcommittee of the Federal Financial Institutions Examination Council (FFIEC).
RELATED Blog
0 comments