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.
The Texas Legislature established the Texas Appraiser Licensing & Certification Board (TALCB) in order to safeguard consumers in matters of real property appraisal services. TALCB shares staff members and resources with the Texas Real Estate Commission (TREC). Together TREC and TALCB oversee real estate brokerage, real property appraisals, inspections, home warranties, and timeshare opportunities.