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2017 Legislative Update from TALCB

Memorial Day was the last day of the 85th Legislative session. Several bills were filed this session relating to the agency and its license holders but not all of those bills made it through the process.  Following is a summary of bills that passed both houses of the Legislature and have direct effect on license holders.

Senate Confirms Appointments of Board Members

TALCB is pleased to announce the Senate confirmation of Governor Abbott's appointments of eight TALCB board members on May 16, 2017. 

Chair, Jamie Wickliffe of Midlothian, Vice-Chair, James Jefferies of Georgetown, Clayton Black of Stanton, Chance Bolton of Austin, Tony Peña of Lubbock, Martha Gayle Reid Lynch of El Paso, Alejandro Sostre-Odio of San Antonio, Joyce Yannuzzi of New Braunfels. 

Appraiser and AMC Fee Survey Results Announced

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.

Appraiser Complaint Rates Clarified

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”.

Governor Abbott Signs TALCB Legislation

Governor Abbott has signed the Texas Appraiser Certification Board (TALCB) housekeeping bill, SB 1007 into law. This bill affects many aspects of Chapter 1103 of the Texas Occupations Code, which is the governing chapter for Texas appraisers. Some key changes are described below; to read the bill in its entirety please refer to the Texas Legislature’s website.