Notice of Change/Withdrawal

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION
Florida Real Estate Appraisal Board
RULE NO: RULE TITLE
61J1-4.010: Supervision and Training of Registered Trainee Appraisers
NOTICE OF CORRECTION
Notice is hereby given that the following correction has been made to the proposed rule in Vol. 35 No. 17, May 1, 2009 issue of the Florida Administrative Weekly.

Although the Notice of Proposed Rulemaking stated that a Statement of Estimated Regulatory Costs (SERC) had been prepared and was available, the Notice did not summarize the SERC. The following is a Summary of the Statement of Estimated Regulatory Costs:

The estimate of the number of individuals likely to be required to comply with this rule amendment is approximately 14,978, consisting of registered trainee appraisers, certified residential appraisers, and certified general appraisers.

The type of individuals likely to be affected by the rule are individuals who are currently licensed as registered trainee appraisers and are applying to sit for the exam to become certified under federal criteria and those persons who are their designated supervisory appraisers.

The department implementing the proposed rule will incur no additional costs because the department intends to enforce the proposed rule within its current workload with existing staff.

There will be minimal costs to be incurred by individuals and entities, including local governmental entities required to comply with the requirements of the proposed rule.

Only small business that employs registered trainee appraisers will be impacted. The determining factor to the overall costs to a small business would be the volume of approved reports completed by the trainee appraiser.

There is no small county or small city that will be impacted by the proposed rule.

This correction does not affect the substance of the rule as it appeared in the Florida Administrative Weekly as outlined above.

THE PERSON TO BE CONTACTED REGARDING THE ABOVE CORRECTION IS: Thomas W. O’Bryant, Jr., Deputy Director, Division of Real Estate, 400 West Robinson Street, Hurston Building, North Tower, Suite N801, Orlando, Florida 32801