You may have heard commentary recently about the Texas Appraiser Licensing & Certification Board (TALCB)’s Standards and Enforcement Services (“SES”) Division, which may have raised some questions. First, we hosted a Facebook Live Event with our Director of Enforcement where we answered your questions:
AUSTIN, TX - The Texas Appraiser Licensing & Certification Board (TALCB) is pleased to announce an important win for consumers in Texas. Former real estate appraiser trainee, James P. Edwards, has been indicted in Tarrant County District Court on 16 different felony counts. This criminal prosecution protects Texas consumers from Edwards’ illegal and deceptive appraisal activities.
The appraiser faces many new challenges appraising after a natural disaster. To avoid problems there are several steps an appraiser can take. Keep in close contact with your clients about any outstanding assignments. Notify them of any delays you are experiencing. Make your client aware of the new challenges facing your appraisal practice. Questions to ask your client: Will you need additional services such as a re-inspection or revising the effective date? Are you aware that typical sources of data may no longer be available? Don’t assume everyone is aware of the problems you now face.
You may have heard through the grapevine or read somewhere online about the TALCB SES staff offering to resolve a complaint case through a contingent dismissal or "CD". Hopefully, this article will give you a better understanding what that means.
SB 1516 amends Chapter 1104 to address some recent changes in federal law regarding the regulation of AMCs, to provide consistency in terminology, and to repeal some outdated provisions. The bill also makes some conforming changes to align Chapter 1104 with the amendments made last session to Chapter 1103, the appraiser licensing act administered by the Board.
The Texas Appraiser Licensing and Certification Board (TALCB) is pleased to announce an important win for consumers in Texas. On April 6, 2017, former real estate appraiser Robert Chandler Smith, Jr. (Smith) pled guilty in Travis County District Court to felony charges of false statement to obtain property or credit. As a result, the Court placed Smith on six years of community supervision, imposed a fine and prohibited him from performing real estate appraisals. This criminal prosecution protects Texas consumers from Smith’s illegal and deceptive appraisal activities.
TALCB is pleased to announce the results of the 2017 Appraiser and AMC Fee Survey. TALCB engaged the Hobby School of Public Affairs at the University of Houston and the Real Estate Center at Texas A&M University to conduct a survey to learn more about the practices of appraisers and appraisal management companies (AMCs) that operate in the state of Texas. A total of 1,038 appraisers and 59 appraisal management companies doing business in the state of Texas participated in the survey.
You may have heard about or read an article published in the Spring 2017 edition of Appraisal Buzz magazine entitled “When You Get Notice of a State Complaint”. This article discusses the complaint process in general and what to consider if you receive a complaint about your appraisal practice. Near the beginning of the article, reference is made to residential appraisers in Texas having “roughly one in six” odds of a complaint being filed against them with the Texas Appraiser Licensing and Certification Board during “one particularly busy year”.