For information regarding Appraisal Bias/Discrimination:
Regulations take effect on October 30, 2023 which allow for applicants to complete the requirements of PAREA as implemented by the AQB. Please review the state regulations. At this time the AQB has only approved one PAREA provider.
Fresh Start Act: Pre-licensure Criminal History Determination
Under section 324.012.7, RSMo, individuals can request a pre-licensure determination of their criminal record under the Fresh Start Act.
2020-21 USPAP Extended for an Additional Year
The Appraisal Foundation's Appraisal Standards Board (ASB) announced today that the current edition of the Uniform Standards of Professional Appraisal Practice (USPAP) will be extended by another year. The 2020-2021 USPAP will now be effective until December 31, 2023. This extension is in addition to a previous one-year extension of USPAP issued by the Appraisal Standards Board in February 2021.
"After careful consideration, the Appraisal Standards Board has voted to extend the current edition of USPAP through December 31, 2023," said ASB Chair Michelle Czekalski Bradley. "The ASB launched a comprehensive review of the ETHICS RULE in February and just released the resulting Third Exposure Draft in July. As USPAP matures, revisions such as this will take more time to conduct the requisite research to ensure changes continue to uphold the public trust. I am proud of the work we have done, in conjunction with the preeminent fair housing law firm Relman Colfax, to develop the proposed changes to the ETHICS RULE in the Third Exposure Draft, and the Board looks forward to receiving public comment on this proposed change."
Future editions of USPAP will have beginning effective dates, but no end dates to give the ASB greater flexibility to thoroughly examine proposed changes and respond in a timely manner to a changing marketplace.
To learn more about this announcement, please visit The Appraisal Foundation website, appraisalfoundation.org or click here to read our Frequently Asked Questions, including how this decision impacts continuing education courses.
CHANGES TO CRITERIA:
The Missouri Real Estate Appraisers Commission voted to implement the AQB Criteria Changes.
Proposed regulations for the Missouri Real Estate Appraisers Commission can be found at https://dci.mo.gov/proposed-rules.php. Written comments can be submitted to the Commission for review/consideration.