Iowa Admin. Code r. 193F-1.20

Current through Register Vol. 47, No. 8, October 30, 2024
Rule 193F-1.20 - [Effective until 5/22/2024] Application and work product deadlines
(1)Summary of registration requirements for registration as an associate. The associate appraiser and supervisory appraiser provisions are more fully set out in 193F-Chapters 4 and 15, respectively. Before submitting an application for registration with the board, a person seeking registration as an associate appraiser must have completed a state and national criminal history check with the board within the past 180 days, have completed 75 hours of appraisal education within the past five years, take a supervisory/trainee appraiser course, and secure a qualified supervisory appraiser. An associate appraiser applicant who submits an application to the board office must have completed all requirements prior to submitting an application for registration.
(2)Summary of certification requirements. As more fully set out in 193F-Chapters 3, 5, and 6, a person who is in the process of completing the education, experience, and examination required for certification as a certified appraiser may not submit an application for certification to the board until all prerequisites have been satisfactorily completed. The prerequisites include the following: qualifying college and core criteria appraiser education, qualifying examination, 1,500 hours of qualifying experience in a minimum of 12 months for residential appraisers or 3,000 hours of qualifying experience in a minimum of 18 months for general appraisers, work product review, and a state and national criminal history check consistent with Iowa Code section 543D.22. Work product review requires numerous steps, as provided in 193F-5.6 (543D) and 193F-6.6 (543D). The work product review process includes the applicant's submission of a work product experience log to the board; the board's selection of three appraisals to review; communication of the selected appraisals to the applicant; the applicant's submission of the three appraisals and associated work files to the board in electronic and paper formats; review of the appraisals and work files by a reviewer retained by the board; the reviewer's submission of review reports to the board; a meeting between the applicant, the applicant's supervisor, and the board's work product review committee; a formal board vote at a board meeting; and communication of approval, denial, or deferral to the applicant. All of these steps must be completed before an applicant with approved work product can submit an application for certification to the board office. If the applicant's supervisor is unable to attend the work product review meeting, the applicant, or the applicant's supervisor, must submit the circumstances surrounding the absence to the executive officer so that it may be determined if the work product review meeting should be rescheduled.

Iowa Admin. Code r. 193F-1.20

ARC 1467C, IAB 5/28/2014, effective 7/2/2014
Amended by IAB December 5, 2018/Volume XLI, Number 12, effective 1/9/2019
Amended by IAB October 9, 2019/Volume XLII, Number 8, effective 11/13/2019
Amended by IAB July 28, 2021/Volume XLIV, Number 2, effective 9/1/2021
Amended by IAB February 9, 2022/Volume XLIV, Number 16, effective 3/16/2022