reglab/statecodes huggingface dataset:
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › GENERAL PROVISIONS › Section 36.203 - Application process

Current through Register Vol. 54, No. 28, July 13, 2024
(a)
Application forms.
Application forms for certification as a
						Pennsylvania evaluator may be obtained from the Administrative Office of the
						Board, Post Office Box 2649, Harrisburg, Pennsylvania 17105-2649, (717)
						783-4866.
(b)
Application
						fee.
The application form shall be accompanied by the fee for
						certification as a Pennsylvania evaluator as set forth in §
												36.6 (relating to fees). The
						application fee is nonrefundable. Payment shall be in the form of a personal
						check or money order payable to the "Commonwealth of Pennsylvania."
(c)
Approved applications
.
						An approved application will be valid for 1 year from the date of approval. If
						an applicant does not pass the certification examination within this 1-year
						period, the applicant's application will be considered to have been withdrawn.
						If the applicant wishes to take the examination after 1 year from the date of
						approval, a new application, along with the required fee, shall be reviewed on
						the basis of statutes and regulations in effect at the time the new application
						is received by the Board.
(d)
Disapproved applications
. An applicant whose application has
						been disapproved by the Board will be notified in writing of the reasons for
						the disapproval and will have 1 year from the date of disapproval to correct
						the deficiencies or to file a request for reconsideration. A request for
						reconsideration shall give the reason for the applicant's request, shall be
						accompanied by documentary materials not previously submitted which the
						applicant wishes the Board to consider and may include a request for an
						informal interview with the Board. If a request for reconsideration is denied
						or an applicant is unable to correct the deficiencies which resulted in
						disapproval of the application within 1 year from the date of disapproval, a
						new application, along with the required fee, shall be submitted to the Board.
						An applicant's new application will be reviewed on the basis of statutes and
						regulations in effect at the time that the new application is received by the
						Board.
The provisions of this §
														36.203 amended under section 3 of
							 the Assessors Certification Act (63 P. S. §
															458.3).
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › GENERAL PROVISIONS › Section 36.204 - Scope of practice

Current through Register Vol. 54, No. 28, July 13, 2024
Assessors and revaluation company personnel who receive
						  certification as a Pennsylvania evaluator may perform appraisals of real
						  property only in limited circumstances, that is, for tax
						  assessment/governmental purposes.
The provisions of this §
														36.204 issued under section 3 of
							 the Assessors Certification Act (63 P. S. §
															458.3).
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › QUALIFICATIONS FOR CERTIFICATION › Section 36.221 - Qualifications for certification as a Pennsylvania evaluator

Current through Register Vol. 54, No. 28, July 13, 2024
(a) To be considered for certification as a
						Pennsylvania evaluator, an assessor shall meet the following requirements. The
						assessor shall:
(1) Have a high school diploma
						or its equivalent, or 2 years of assessing experience.
(2) Be 18 years of age or older.
(3) Be a resident of this Commonwealth for at
						least 6 months.
(4) Have
						successfully completed a minimum of 90 classroom hours of courses of study in
						subjects covering the appraisal assessing profession, including coverage of the
						topics in §
													36.222 (relating to required
						courses of study).
(5) Have
						successfully completed a comprehensive examination covering all phases of the
						appraisal process and the assessment function.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › QUALIFICATIONS FOR CERTIFICATION › Section 36.222 - Required courses of study

Current through Register Vol. 54, No. 28, July 13, 2024
(a)
Courses of study.
The applicant for certification as a
						Pennsylvania evaluator shall submit evidence to the Board of having completed
						90 classroom hours of courses in subjects covering the appraisal assessing
						profession, which include coverage of the following topics:
(1) Influence in real estate value.
(2) Legal considerations influencing
						value.
(3) Types of
						values.
(4) Economic
						principles.
(5) Real estate markets
						and analysis.
(6) Valuation
						process.
(7) Property
						description.
(8) Highest and best
						use analysis.
(9) Appraisal
						statistical concepts.
(10) Sales
						comparison approach.
(11) Site
						value.
(12) Cost
						approach.
(13) Income approach,
						including direct and yield capitalization techniques.
(14) Valuation of partial
						interests.
(15) Uniform Standards
						of Professional Appraisal Practice.
(16) Narrative report writing.
(17) Assessment law and practice.
(18) Mass appraisal systems.
(19) Mapping.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › QUALIFICATIONS FOR CERTIFICATION › Section 36.223 - Providers of appraisal/assessment courses

Current through Register Vol. 54, No. 28, July 13, 2024
Credit for the classroom hour requirement may be
						  obtained from accredited colleges, universities, community or junior colleges.
						  Subject to Board approval under §
												36.241 (relating to provider
						  registration/appraisal or assessment courses), credit for the classroom hour
						  requirement may also be obtained from real estate appraisal or assessment
						  related organizations, State or Federal agencies or commissions, proprietary
						  schools and other providers.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › QUALIFICATIONS FOR CERTIFICATION › Section 36.224 - Distance education courses

Current through Register Vol. 54, No. 28, July 13, 2024
A distance education course is acceptable to meet the
						  classroom hour requirement if the course is approved by the Board and meets the
						  following conditions:
(1) The course
						is presented by one of the following:
(i) An
						accredited (Commission on Colleges or a regional accreditation association)
						college or university that offers distance education programs in other
						disciplines.
(ii) A course provider
						that has received approval for course design and delivery mechanism from the
						IDECC and approval for course content from the Board or from the AQB through
						its Course Approval Program.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › QUALIFICATIONS FOR CERTIFICATION › Section 36.225 - Reserved

Current through Register Vol. 54, No. 28, July 13, 2024
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › APPROVAL PROCESS-PROVIDERS › Section 36.241 - Provider registration/appraisal or assessment courses

Current through Register Vol. 54, No. 28, July 13, 2024
Real estate appraisal or assessment related
						  organizations, State or Federal agencies or commissions, proprietary schools
						  and other providers other than accredited colleges or universities and
						  community or junior colleges, seeking to offer appraisal or assessment related
						  courses for classroom hour credit or continuing education credit shall complete
						  and file with the Board an application for Board approval as a provider of
						  appraisal or assessment related courses. Providers of courses previously
						  approved under §§
												36.31 and
						  36.32 (relating to provider
						  registration/appraisal courses; and standards for providers) need not reapply
						  for approval under this section. Application forms and a list of Board approved
						  providers of appraisal and assessment courses can be obtained from the
						  Administrative Office of the Board, Post Office Box 2649, Harrisburg,
						  Pennsylvania 17105-2649, (717) 783-4866.
This section cited in 49 Pa. Code §
														36.223 (relating to providers of
							 appraisal/assessment courses); and 49 Pa. Code §
														36.262 (relating to continuing
							 education subject matter).
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › APPROVAL PROCESS-PROVIDERS › Section 36.242 - Standards for provider approval

Current through Register Vol. 54, No. 28, July 13, 2024
(a)
						Applicants for provider approval shall:
(1)
						Establish a mechanism measuring the quality of the course/continuing education
						program being offered.
(2)
						Establish criteria for selecting and evaluating faculty which seek to insure
						that instructors have suitable qualifications and are of good reputation and
						character.
(3) Establish criteria
						for the evaluation of each course/continuing education program upon
						completion.
(4) Submit a course
						outline and summary of faculty qualifications for each appraisal or assessment
						course proposed to be offered.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › APPROVAL PROCESS-PROVIDERS › Section 36.243 - Withdrawal of approval of providers

Current through Register Vol. 54, No. 28, July 13, 2024
The Board may, following notice and hearing under
						  2
						  Pa.C.S. §§
													501-508 (relating to
						  practice and procedure of Commonwealth agencies), withdraw the approval of an
						  approved provider that it finds guilty of one or more of the following:
(1) Having acquired the Board's approval by
						misrepresentation.
(2) Failing to
						maintain compliance with §
												36.242 (relating to standards for
						provider approval).
(3) Otherwise
						failing to comply with this chapter.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › CONTINUING EDUCATION › Section 36.261 - Continuing education requirement

Current through Register Vol. 54, No. 28, July 13, 2024
(a) Except as provided in subsection (b), a
						certified Pennsylvania evaluator shall complete 28 classroom hours of
						continuing education-including at least 4 hours on USPAP and at least 2 hours
						on the act, this chapter and the policies of the Board-during each biennial
						renewal period as a condition of renewal of certification for the next biennial
						renewal period. Effective with renewal of certification for the 2007-2009
						biennial renewal period, the USPAP requirement shall be the 7-hour National
						USPAP Update Course or an equivalent 7-hour course approved by the
						Board.
(b) A certified Pennsylvania
						evaluator whose initial certification becomes effective between January 1 and
						June 30 of a biennial renewal year will not be required to furnish proof of
						continuing education as a condition of biennial renewal of certification in
						that biennial renewal year.
The provisions of this §
														36.261 amended sections 5(2), 6(f)
							 and 10(b) of the Real Estate Appraisers Certification Act (63 P. S.
							 §§
															457.5(2),
							 457.6(f) and 457.10(b); and
							 sections 3, 4(d) and 12 of the Assessors Certification Act (63 P. S.
							 §§
															458.3,
							 458.4(d) and
							 458.12).
This section cited in 49 Pa. Code §
														36.271 (relating to reactivation
							 of lapsed certification).
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › CONTINUING EDUCATION › Section 36.262 - Continuing education subject matter

Current through Register Vol. 54, No. 28, July 13, 2024
(a) Continuing education subject matter shall
						relate to assessment and appraisal practices. The following subjects are
						acceptable for continuing education:
(1) Ad
						valorem taxation.
(2)
						Arbitration.
(3) Business courses
						related to the practice of real estate appraisal.
(4) Development cost-estimating.
(5) Ethics and standards of professional
						practice.
(6) Land use planning,
						zoning and taxation.
(7)
						Management, leasing, brokerage and time sharing.
(8) Property development.
(9) Real estate appraisal.
(10) Real estate financing and
						investment.
(11) Real estate
						law.
(12) Real estate
						litigation.
(13) Real estate
						appraisal related computer applications.
(14) Real estate securities and
						syndication.
(15) Real property
						exchange.
(16) Mass appraisal model
						building.
(17) Mass appraisal model
						calibration.
(18) Assessment
						administration.
(19)
						Mapping.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › CONTINUING EDUCATION › Section 36.263 - Distance education

Current through Register Vol. 54, No. 28, July 13, 2024
A distance education course is acceptable for
						  continuing education credit if it is approved by the Board and meets the
						  following conditions:
(1) The course
						is presented by one of the following:
(i) A
						course provider that presents the course to an organized group in an
						instructional setting with a person qualified and available to answer
						questions, provide information and monitor attendance.
(ii) An accredited (Commission on Colleges or
						a regional accreditation association) college or university that offers
						distance education programs in other disciplines.
(iii) A course provider that has received
						approval for course design and delivery mechanism from the IDECC and approval
						for course content from the Board or from the AQB through its Course Approval
						Program.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › CONTINUING EDUCATION › Section 36.264 - Reporting of continuing education credit hours

Current through Register Vol. 54, No. 28, July 13, 2024
Certified Pennsylvania evaluators applying for
						  certificate renewal shall provide at the time of biennial renewal, and on forms
						  approved by the Board, a signed statement certifying that continuing education
						  requirements have been met along with information to document their
						  certification.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › CONTINUING EDUCATION › Section 36.265 - Use of certificate number and title

Current through Register Vol. 54, No. 28, July 13, 2024
(a) Each certified Pennsylvania evaluator
						shall place his name, signature and certificate number adjacent to or
						immediately below the title "Certified Pennsylvania Evaluator" on each written
						appraisal report prepared for external purposes and used by the certified
						Pennsylvania evaluator in conducting ad valorem tax appraisal
						activities.
(b) Professional
						designations may be included adjacent to the signature, if applicable. The
						following will serve as an example:
/S/
_________________________
John Doe, (Professional Designation, if applicable)
						  Certified Pennsylvania Evaluator Certification Number 1234
This section cited in 49 Pa. Code §
														43b.15 (relating to schedule of
							 civil penalties-certified real estate appraisers-statement of
							 policy).
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter C - CERTIFIED PENNSYLVANIA EVALUATORS › REACTIVATION OF CERTIFICATION › Section 36.271 - Reactivation of lapsed certification

Current through Register Vol. 54, No. 28, July 13, 2024
A certified Pennsylvania evaluator whose certification
						  has lapsed for failure to biennially renew certification may apply to the Board
						  for reactivation of certification by paying the renewal fee required under
						  §
												36.6 (relating to fees) and
						  providing documentation of having completed 28 hours of continuing education as
						  required under §
												36.261 (relating to continuing
						  education requirement) within the 2-year period immediately preceding the date
						  of filing of the reactivation application. A certified Pennsylvania evaluator
						  who performed a valuation of real property for ad valorem tax purposes, or held
						  himself out as a certified Pennsylvania evaluator, during a period when his
						  certification was lapsed shall be subject to disciplinary action by the Board
						  under the act in addition to being required to pay late renewal fees under
						  section 225 of the Bureau of Professional and Occupational Affairs Fee Act
						  (63
						  P. S. §
													1401-225).
The provisions of this §
														36.271 amended under sections
							 5(2), 6(f) and 10(b) of the Real Estate Appraisers Certification Act
							 (63
							 P. S. §§
															457.5(2),
							 457.6(f) and 457.10(b)); and
							 sections 3, 4(d) and 12 of the Assessors Certification Act (63 P. S.
							 §§
															458.3,
							 458.4(d) and
							 458.12).
This section cited in 49 Pa. Code §
														43b.15 (relating to schedule of
							 civil penalties-certified real estate appraisers-statement of
							 policy).
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter D - Reserved › Section 36.301-36.306 - Reserved

Current through Register Vol. 54, No. 28, July 13, 2024
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter D - Reserved › Section 36.311-36.315 - Reserved

Current through Register Vol. 54, No. 28, July 13, 2024
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter D - Reserved › Section 36.331-36.337 - Reserved

Current through Register Vol. 54, No. 28, July 13, 2024
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter D - Reserved › Section 36.351-36.356 - Reserved

Current through Register Vol. 54, No. 28, July 13, 2024
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › GENERAL PROVISIONS › Section 36.402 - Applicability of general rules

Current through Register Vol. 54, No. 28, July 13, 2024
Under 1 Pa. Code §
												31.1 (relating to scope of part),
						  1 Pa. Code Part II (relating to General Rules of Administrative Practice and
						  Procedure) is applicable to the activities of and proceedings before the
						  Board.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › GENERAL PROVISIONS › Section 36.403 - Application procedures

Current through Register Vol. 54, No. 28, July 13, 2024
(a)
Application form
. An applicant for registration as an
						appraisal management company shall complete and file with the Board an
						application in a form prescribed by the Board. The form is available on the
						Board's web site at www.dos.pa.gov/real and by contacting the Board at Post
						Office Box 2649, Harrisburg, Pennsylvania 17105-2649, (717) 783-4866 or
						ST-APPRAISE@pa.gov.
(b)
Application fees.
(1) The
						initial application fee for registration as an appraisal management company is
						nonrefundable and must be in the amount in §
													36.405 (relating to
						fees).
(2) An applicant for
						registration shall submit a separate payment to the board for the AMC National
						Registry fee under § 36.405.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › GENERAL PROVISIONS › Section 36.404 - Content of application

Current through Register Vol. 54, No. 28, July 13, 2024
(a) An
						application for registration as an appraisal management company must include
						all of the following:
(1) Primary information
						of the appraisal management company, including:
(i) Legal name.
(ii) Mailing address, which will be the
						address of record.
(iii) Street
						address, if different from the mailing address.
(iv) Primary telephone
						number.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › GENERAL PROVISIONS › Section 36.405 - Fees

Current through Register Vol. 54, No. 28, July 13, 2024
(a) The following
						is the schedule of fees charged by the Board:
Application for initial registration as an appraisal
						  management company......................................$2,000
Biennial registration renewal
						  fee..........................................................................................................$1,000
Notice of change in corporate
						  organization........................................................................................$35
Letter of good standing/verification of
						  registration.............................................................................$15
Notification of change in key person or compliance
						  person.............................................................$35
Late fee for reinstatement per month of
						  delinquency.........................................................................$50
(b) The following is the schedule of fees
						collected by the Board:
AMC National Registry
						  fee...........................................................As prescribed by
						  ASC
This section cited in 49 Pa. Code §
														36.403 (relating to application
							 procedures); 49 Pa. Code §
														36.424 (relating to renewal of
							 registration); and 49 Pa. Code §
														36.438 (relating to AMC National
							 Registry; reports).
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › REGISTRATION › Section 36.411 - Qualifications for registration as appraisal management company

Current through Register Vol. 54, No. 28, July 13, 2024
(a) An appraisal
						management company that is authorized to conduct business in this Commonwealth
						shall establish and maintain the requirements in this section during the period
						in which it offers or provides appraisal management services.
(b) An appraisal management company shall
						have a compliance person.
(c) An
						appraisal management company shall establish and maintain procedures that
						provide assurance of compliance with all of the following standards of
						appraisal management services:
(1) Prevention
						of conduct or practices that compromise appraiser independence.
(2) Verification of appraiser certification
						and qualifications.
(3) Review of
						appraisal services for compliance with USPAP.
(4) Availability of a process for resolution
						of consumer complaints.
(5)
						Availability of a process for resolution of appraiser complaints.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › REGISTRATION › Section 36.412 - Qualifications of owners and key persons

Current through Register Vol. 54, No. 28, July 13, 2024
(a) A person who would be disqualified from
						eligibility to be certified or licensed under REACA as defined in subsections
						(b) and (b.1) may not be an owner or a key person.
(b) An individual would be disqualified from
						eligibility to be certified or licensed under REACA, as provided in section
						8(d)(1) of AMCRA (63 P.S. §
													457.28(d)(1)), and may not
						be a key person if the individual had a license or certificate refused, denied,
						cancelled, suspended or revoked, or voluntarily surrendered a license or
						certificate under any of the following provisions of REACA or CHRIA, or similar
						provision of another jurisdiction, unless the license or certificate has been
						subsequently granted or reinstated to the individual:
(1) Section 3 of REACA (63 P.S. §
														457.3).
(2) Section 6(c)(1) of REACA (63 P.S. §
														457.6(c)(1)).
(3) Section 11 of REACA (63 P.S. §
														457.11).
(4) Section 9124(c)(1) or (2) of CHRIA
						(18 Pa.C.S. §
														9124(c)(1) and
						(2) (relating to use of records by licensing
						agencies)).
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › REGISTRATION › Section 36.413 - Qualifications of compliance person

Current through Register Vol. 54, No. 28, July 13, 2024
(a)
						In addition to the qualifications in §
												36.412 (relating to qualifications
						of owners and key persons), a compliance person shall hold the qualifications
						in this section.
(b) A person
						designated as a compliance person by an appraisal management company possesses
						the authority to:
(1) Enter into an agreement
						with the Board to bind the appraisal management company to comply with
						requirements of AMCRA, this subchapter, and provisions of FIRREA, REACA, REARA
						or TILA that relate to appraisal standards or appraisal management
						services.
(2) Sign a report,
						application, form, notice or other document required to be filed with the
						Board.
(3) Certify, verify or
						otherwise attest as required by law to the contents of documents or pleadings
						filed with the Board.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › REGISTRATION › Section 36.414 - Reporting change of information

Current through Register Vol. 54, No. 28, July 13, 2024
(a) A registrant shall report a vacancy or
						change in qualifying information as required in this section on forms
						prescribed by the Board.
(b) A
						registrant shall report a vacancy or change of compliance person within 30 days
						of the date that the compliance person terminates.
(c) A registrant shall report a change in the
						information required under §
												36.404 (relating to content of
						application) within 30 days, including information relating to disciplinary
						history or criminal history required under §
												36.404(a)(5) and
						(6).
This section cited in 49 Pa. Code §
														36.413 (relating to qualifications
							 of compliance person).
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › REGISTRATION › Section 36.415 - Requirements for exempt company

Current through Register Vol. 54, No. 28, July 13, 2024
(a)
						To the extent required under regulations jointly promulgated by the Federal
						financial institution regulatory agencies under Title XI of FIRREA
						(12 U.S.C.A. §§
													3331-3355), as amended by the
						Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub.L. No.
						111-203, 124 Stat. 1376), an exempt company shall
						comply with the requirements of AMCRA and this subchapter.
(b) An exempt company shall report on forms
						prescribed by the Board information required to be submitted by the Board to
						the AMC National Registry under the regulations jointly promulgated by the
						Federal financial institution regulatory agencies.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › RENEWAL OF REGISTRATION › Section 36.421 - Expiration of registration

Current through Register Vol. 54, No. 28, July 13, 2024
Registration expires on the last day of June of each
						  odd-numbered year.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › RENEWAL OF REGISTRATION › Section 36.422 - Early termination of registration

Current through Register Vol. 54, No. 28, July 13, 2024
(a) A registrant may terminate registration
						prior to the expiration of the biennial registration period by filing with the
						Board a notice in a form prescribed by the Board.
(b) A notice of termination of registration
						must include all of the following:
(1) The
						date on which the registrant will cease to offer or provide appraisal
						management services in this Commonwealth.
(2) An acknowledgment that the registrant or
						its successor remains subject to disciplinary action for acts, errors or
						omissions occurring before the termination of registration.
(3) The signature of the compliance
						person.
(4) The mailing address of
						the registrant.
(5) If the
						registrant is terminating its existence, documentation of the dissolution,
						acquisition or merger of the registrant by or with another entity.
(6) If the registrant terminates registration
						because it has become exempt from registration under AMCRA, documentation in
						support of the basis for exemption.
(7) An acknowledgment that the surety bond or
						letter of credit will remain subject to claims in accordance with the
						procedures in §§
													36.451-36.456 (relating to surety bonds
						and letters of credit).
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › RENEWAL OF REGISTRATION › Section 36.423 - Duration and validity of registration

Current through Register Vol. 54, No. 28, July 13, 2024
(a) An appraisal management company shall
						register each biennial period to retain the right to provide appraisal
						management services in this Commonwealth.
(b) Registration is valid throughout this
						Commonwealth, is not assignable or transferable, and is valid until the last
						date of the biennial registration period, unless terminated under §
												36.422 (relating to early
						termination of registration).
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › RENEWAL OF REGISTRATION › Section 36.424 - Renewal of registration

Current through Register Vol. 54, No. 28, July 13, 2024
(a)
						Application for renewal of registration shall be made on forms provided by the
						Board and include fees prescribed by the Board in §
												36.405 (relating to
						fees).
(b) An applicant for renewal
						of registration shall submit a separate payment to the Board for the AMC
						National Registry fee under § 36.405.
(c) An application for renewal must be
						received by the Board with the required biennial renewal fee and the AMC
						National Registry fee before the expiration of the previous biennial
						registration period.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › STANDARDS OF PRACTICE › Section 36.431 - Compliance with USPAP

Current through Register Vol. 54, No. 28, July 13, 2024
(a) An appraisal
						management company shall require that appraisal assignments be completed in
						compliance with USPAP.
(b) An
						appraisal management company shall establish a system to review appraisal
						assignments which is reasonably calculated to assure compliance with USPAP by
						appraisers.
(c) An appraisal
						management company may not solicit, offer, accept an offer or contract for a
						valuation service that it knows or has reason to know violates REACA, RELRA,
						FIRREA, AMCRA or this subchapter.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › STANDARDS OF PRACTICE › Section 36.432 - Verification of appraiser certification

Current through Register Vol. 54, No. 28, July 13, 2024
An appraisal management company shall establish and
						  maintain a system to verify that appraisals are completed by an appraiser who
						  possesses a class of certification issued by the Board that authorizes
						  appraisal of real property in this Commonwealth that is the subject of the
						  appraisal and which is current and valid.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › STANDARDS OF PRACTICE › Section 36.433 - Appraisal reviews

Current through Register Vol. 54, No. 28, July 13, 2024
(a) Appraisal
						reviews shall be performed in accordance with USPAP.
(b) An examination of an appraisal report for
						grammatical or typographical errors or for completeness is not required to
						comply with USPAP.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › STANDARDS OF PRACTICE › Section 36.434 - Broker price opinions and evaluations

Current through Register Vol. 54, No. 28, July 13, 2024
(a) An appraisal management company may not
						solicit or order, nor offer to solicit or order, a BPO for use in a
						non-Federally related transaction.
(b) An appraisal management company may not
						solicit or order, nor offer to solicit or order, a BPO for use in a
						Federally-related transaction.
(c)
						An appraisal management company may not solicit or order, nor offer to solicit
						or order, an evaluation.
(d) A
						comparative market analysis is not a BPO for purposes of AMCRA, REACA or this
						subchapter if performed for one or both of the following purposes:
(1) In pursuit of a listing.
(2) To determine probable selling
						price.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › STANDARDS OF PRACTICE › Section 36.435 - Recordkeeping

Current through Register Vol. 54, No. 28, July 13, 2024
(a) Each appraisal
						management company shall maintain all of the following records:
(1) A record of each assignment that it has
						ordered for appraisal of real property located in this Commonwealth, including:
(i) The order between the appraisal
						management company and the appraiser.
(ii) Each appraisal report received from an
						appraiser, including the original report, revised reports, and addenda or other
						materials furnished subsequent to the delivery of the original
						report.
(iii) Written
						communications between the appraiser and the appraisal management company and
						any other entity involved in the transaction.
(iv) The order engaging another appraiser for
						the purpose of reviewing the appraisal.
(v) A review of the appraisal performed,
						including any data supporting the selection of the appraisal for review, the
						original review report, subsequent correspondence between the reviewer and
						appraisal management company, and each subsequent revised review
						report.
(vi) Written communications
						related to obligations under AMCRA or this subchapter between the appraisal
						management company and its client, including documents supplied to that
						client.
(vii) A record of fees
						disbursed to contracted appraisers and the fee received by the appraisal
						management company from the appraisal management company's client.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › STANDARDS OF PRACTICE › Section 36.436 - Requirements for solicitation or order of appraisals

Current through Register Vol. 54, No. 28, July 13, 2024
(a) An appraisal management company shall
						include in an order or order solicitation for appraisal services from a
						certified residential appraiser or certified general appraiser who is not an
						employee of the appraisal management company:
(1) The fee to be paid to the appraiser for
						the appraisal assignment.
(2) The
						terms for time of payment for appraisal services, if the terms are not
						identified within an existing contractual agreement between the
						parties.
(3) The appraisal
						management company's registration number.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › STANDARDS OF PRACTICE › Section 36.437 - Duties of compliance persons

Current through Register Vol. 54, No. 28, July 13, 2024
(a)
						An appraisal management company is subject to disciplinary action under AMCRA
						and this subchapter for the acts or omissions of a compliance person who fails
						to perform a duty in this section.
(b) A compliance person shall ensure
						compliance of an appraisal management company with section 8 of AMCRA
						(63
						P.S. §
													457.28).
(c) An appraisal management company, acting
						through its compliance person, shall report to the Bureau, directly or through
						another agent of the appraisal management company, a material violation as
						defined under section 129E(e) of TILA (15 U.S.C.A. §
													1639e(e)) and corresponding
						regulations regarding appraisal independence requirements.
(d) A compliance person who has a reasonable
						basis to believe that an appraisal management company, its employee or its
						agent has violated appraisal independence requirements of AMCRA or this
						subchapter shall report the matter to the Bureau within a reasonable time after
						formulating the belief that a violation has occurred.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › STANDARDS OF PRACTICE › Section 36.438 - AMC National Registry; reports

Current through Register Vol. 54, No. 28, July 13, 2024
(a)
						Appraisal management companies qualified for enrollment in the AMC National
						Registry shall apply for enrollment or for the renewal or reinstatement of
						enrollment on a Board form. The application form must be accompanied by the AMC
						National Registry fee referenced in § 36.405 (relating to fees).
(b) An appraisal management company shall
						truthfully and in good faith submit information, as required under applicable
						Federal laws, rules and regulations, and ASC policies and guidelines, for the
						AMC National Registry on forms prescribed by the Board.
(c) The Board will collect from appraisal
						management companies, and remit to ASC, the AMC National Registry
						fees.
(d) The Board will submit to
						ASC information required for registration on the AMC National
						Registry.
(e) The Board will report
						to ASC disciplinary action and violations of appraisal-related laws,
						regulations or orders.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › DISCIPLINARY ACTION › Section 36.441 - Prohibited acts

Current through Register Vol. 54, No. 28, July 13, 2024
(a) The Board may
						impose one or more sanctions authorized under AMCRA if the Board finds that an
						appraisal management company, key person or compliance person violated AMCRA or
						this chapter.
(b) The following
						acts, errors or omissions constitute a violation of the standards of conduct of
						an appraisal management company:
(1)
						Violation of AMCRA or this subchapter.
(2) Violation of FIRREA.
(3) Violation of TILA.
(4) Violation of a statute or regulation of
						another jurisdiction regulating appraisal management
						companies.
Pennsylvania Code › Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS › Part I - DEPARTMENT OF STATE › Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS › Chapter 36 - STATE BOARD OF CERTIFIED REAL ESTATE APPRAISERS › Subchapter E - APPRAISAL MANAGEMENT COMPANIES › DISCIPLINARY ACTION › Section 36.442 - Improper influence and other prohibited practices

Current through Register Vol. 54, No. 28, July 13, 2024
(a) The following acts constitute improper
						influence or a practice in violation of AMCRA and this chapter, without proof
						of intent of the appraisal management company or its agent:
(1) A requirement that the appraiser collect
						a fee from a borrower.
(2) A
						requirement that the appraiser provide access to the appraiser's digital
						signature.
(3) A prohibition on the
						appraiser to report the fee for the appraisal services.
(4) A prohibition on the appraiser to note or
						report real property appraisal assistance.
(5) Nonpayment of, or refusal to pay for,
						appraisal services rendered for a reason other than the breach of agreement or
						substandard performance by the appraiser.
(6) A clause or provision in an order
						requiring an appraiser to indemnify or hold harmless for acts or omissions of a
						person other than the appraiser.
(7) A clause or provision in an order
						requiring an appraiser to have a duty to defend the appraisal management
						company in a civil action or proceeding.
(8) Removal of an appraiser from the
						appraiser panel without notice and opportunity for rebuttal.
(9) A request to an appraiser to provide
						comparable properties for a specified property prior to completion of the
						appraisal report.