| Last Action | 02/05/20: to Licensing, Occupations, & Admin Regs (H) |
|---|---|
| Title | AN ACT relating to the Kentucky Real Estate Appraisers Board. |
| Bill Documents | Introduced |
| Bill Request Number | 1524 |
| Sponsors | D. Frazier, D. Lewis |
| Summary of Original Version | Amend KRS 324A.010 to redefine "federally related transaction"; amend KRS 324A.015 to require the board to employ state certified general appraisers with at least five years of experience to conduct grievance investigations; amend KRS 324A.035 to prevent newer appraisers from becoming appraisers of nonfederally related transactions; amend KRS 324A.047 and 324A.050 to clarify standards; amend KRS 324A.052 to establish complaint time limits; amend KRS 324A.065 to set and reduce fees; amend KRS 324A.150 to redefine "appraiser panel"; amend KRS 324A.152 to require an appraisal management company to certify that it is not partly or fully owned by an appraiser whose license has been disciplined; amend KRS 324A.154 to allow the appraiser board to promulgate administrative regulations only with the approval of the executive director of the Kentucky Real Estate Authority; amend KRS 324A.164 to exclude a federally defined "federally regulated appraisal management company" from the appraisal management company statutes. |
| Index Headings of Original Version |
Fees - Real estate appraiser licensees and educators, various fees for Licensing - Real estate appraisers and appraisal management companies, licensure and certification of Occupations and Professions - Real estate appraisers and appraisal management companies, licensure and certification of Real Estate - Appraisers and appraisal management companies, licensure and certification of Boards and Commissions - Real Estate Appraisers Board, authority over appraiser professions |
| 02/03/20 |
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| 02/05/20 |
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Last updated: 10/27/2020 12:10 PM (EDT)
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