Ala. Admin. Code r. 780-X-1-.01

Current through Register Vol. 43, No. 1, October 31, 2024

Section 780-X-1-.01 - Purpose

The Alabama Real Estate Appraisers Board was created to ensure that the public is protected against dangers arising from attempts of incompetent or unscrupulous persons to practice the profession of real estate appraisal. This purpose is achieved through the establishment of minimum qualifications for licensure and certification in the profession of real estate appraisal, through the adoption of rules defining and delineating unlawful conduct, and through swift and effective discipline for those practitioners who violate the applicable laws or rules promulgated hereunder. The purpose is also achieved by establishing boundaries on the action of appraisal management companies to maintain appraiser independence.

Ala. Admin. Code r. 780-X-1-.01

Emergency adoption filed February 15, 1991; effective February 18, 1991. Permanent adoption filed April 8, 1991; effective May 15, 1991. Amended: Filed November 18, 2011; effective December 23, 2011.

Author: Alabama Real Estate Appraisers Board

Statutory Authority:Code of Ala. 1975, § 34-27A-5.