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Interim Rules Bring Changes to Industry Standards

Submitted by Christine Anderson on Mon, 2020-04-20 14:47

Due to the Presidential Disaster Declaration issued on March 13, 2020, certain governmental entities (GSE’s) have issued guidance to assist financial institutions in providing necessary services to the public. On April 14, 2020, the GSE’s adopted an interim final rule to amend the agencies’ regulations regarding appraisals of real estate for certain transactions. The interim rule outlines existing flexibilities and temporary changes to industry appraisal standards and regulations.

Appraiser Continuing Education Provider Requirements

Submitted by Christine Anderson on Wed, 2019-10-16 12:16

TALCB has adopted new rules to create an ACE program including measures to ensure compliance. These rules are located in §153.40 and §153.41 of Board rules, which became effective on September 1, 2019.

How does this affect appraiser license holders?

License holders can ensure the courses they take for ACE credit are approved by referencing the list of approved ACE Courses available on the TALCB website.

AMC Fee Survey Launched

Submitted by Christine Anderson on Fri, 2019-06-07 11:14

The Survey Research Institute at the Hobby School of Public Affairs is conducting a study on behalf of the Texas Appraiser Licensing & Certification Board to learn more about the experiences of appraisers in the state of Texas.

Appraisers have been invited to take part in the survey by email on May 29. This survey asks questions about experiences in the field, the types of appraisals conducted, fees paid, and the factors that affect these fees. 

Using Recognized Methods and Techniques – Part II

Submitted by Christine Anderson on Thu, 2019-06-06 11:22

In this article, we continue our discussion from Using Recognized Methods and Techniques - Part I published previously, as we explore the use of recognized methods and techniques to develop adjustments when using the sales comparison approach for a residential appraisal, answer a frequently asked question, and identify resources available to assist an appraiser.

Houston Area Mentors Needed!

Submitted by Christine Anderson on Wed, 2019-05-08 15:02

The Texas Appraiser Licensing and Certification Board is soliciting applications for the Board’s mentor program.  Presently, there is a particular need for mentors in the greater Houston metro area.  The mentor program provides remedial, one-on-one training to appraisers on appraisal skills and USPAP obligations in conjunction with a complaint or experience audit.  Information about this program, minimum criteria, and the application process may be reviewed on our website.  If you are interested in ap

Using Recognized Methods and Techniques - Part I

Submitted by Anonymous (not verified) on Thu, 2019-04-18 13:41

Clients and intended users of appraisal services are paying greater attention to whether appraisers employ and document the use of recognized methods and techniques (sometimes referred to as generally accepted appraisal methods). While this has long been a requirement of the Uniform Standards of Professional Appraisal Practice (USPAP), clients and other users of appraisal services have increasingly looked to the appraiser to support the analyses used when developing an opinion of value.

TALCB Changes AMC Reviews to 2%

Submitted by Christine Anderson on Wed, 2019-02-13 10:39

The Board Amends Rule 159.155 Regarding Periodic Review of Appraisals by AMCs

The Texas Appraiser Licensing and Certification Board (TALCB or Board) recently amended Rule 159.155(a)(2) to reduce from 5% to 2% the number of appraisal reports that need to be randomly reviewed each year by an AMC licensed to operate in Texas.

What is the Experience Audit Process Anyway? Part Two

Submitted by Christine Anderson on Wed, 2019-01-16 11:15

Last month, TALCB Appraiser/Investigator Marjorie Caldwell briefly described the experience audit process that all trainees must satisfactorily complete in order to become a licensed or certified appraiser in the State of Texas.  Appraisers who want to upgrade from Licensed Residential Appraiser to Certified (Residential or General) Appraiser must also satisfactorily complete the audit process.  The Appraiser Qualifications Board (AQB), state law (Texas Occupations Code 1103 (the Act) and the Texas Appraiser Licensing

What is the Experience Audit Process Anyway?

Submitted by Christine Anderson on Fri, 2018-11-30 13:47

The law requires TALCB to audit the work product of all applicants for an appraiser license in Texas. TALCB must verify that the experience claimed generally complies with the Uniform Standards of Professional Appraisal Practice (USPAP), the Rules (“Rules”) of the Texas Appraiser Licensing and Certification Board (TALCB), and the Texas Appraiser Licensing and Certification Act (“Act”) as of the date of the appraisal report.

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EMAIL: information@talcb.texas.gov
PHONE: 512.936.3001
MAIL: Texas Appraiser Licensing & Certification Board
P.O. Box 12188
Austin, TX 78711-2188
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