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changes in federal law regarding the regulation of AMCs, to provide consistency in terminology, and to repeal some outdated provisions.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”.
In February 2017, the Appraisal Standards Board (ASB) of the Appraisal Foundation adopted revisions to the Uniform Standards of Professional Appraisal Practice (USPAP) for the 2018-19 edition. This process began with the issuance of a Discussion Draft in January 2016 and was followed by three exposure drafts of proposed revisions to USPAP. The changes adopted by the ASB at its meeting on February 3, 2017, will be incorporated in the 2018-19 edition of USPAP and associated guidance materials. These changes will become effective on January 01, 2018.
Applicants must submit fingerprints to apply for or renew a license.
