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458.01 – Definitions.

458.01 Definitions. In this chapter: (1) “Appraisal” means an analysis, opinion or conclusion relating to the nature, quality, value or utility of specified interests in or aspects of real estate. (2) “Appraisal foundation” has the meaning given in 12 USC 3350 (9). (2m) “Appraisal management company” has the meaning given in 12 CFR 34.211 (c). […]

458.02 – Limitations and exceptions.

458.02 Limitations and exceptions. Nothing in this chapter shall be construed to prohibit a person who is not a certified appraiser or licensed appraiser from appraising real estate or from cosigning an appraisal report with a certified appraiser or licensed appraiser if the person complies with s. 458.055. History: 1989 a. 340; 1991 a. 39, […]

458.03 – General duties and powers of department and board.

458.03 General duties and powers of department and board. (1) In addition to the other duties and powers of the department under this chapter, the department shall do all of the following: (a) Grant and issue certificates to appraisers. (b) Subject to the procedure under s. 458.05, promulgate rules establishing criteria for the approval of […]

458.04 – Advisory committee.

458.04 Advisory committee. (1) If the secretary creates an advisory committee on examinations under s. 15.04 (1) (c), the advisory committee shall be chaired by an examination specialist, if an examination specialist is employed by the department, and shall report to the board and the secretary. (2) If the secretary creates an advisory committee under […]

458.05 – Rules; review of rules.

458.05 Rules; review of rules. (2) Before submitting any proposed rules relating to appraisals or to the board to the legislative council staff under s. 227.15, the department shall submit the proposed rules to the board for comment. The board shall have 30 days to submit comments on the proposed rules to the secretary. (3) […]