Iowa Administrative Code Agency 193F - Real Estate Appraiser Examining Board
Overview: Agency 193F — Real Estate Appraiser Examining Board
The Real Estate Appraiser Examining Board is the state agency responsible for regulating the licensing, certification, and conduct of real estate appraisers in Iowa. Its mission is to ensure appraisers meet professional standards, uphold ethical practices, and provide accurate valuations of real estate.
Chapter 1: Organization and Definitions
Board Composition: The Board is made up of appointed members who oversee the licensing and disciplinary processes related to real estate appraisers.
Administrator/Executive Secretary: An appointed official manages daily operations and communications for the Board.
Definitions:
Appraiser: A person licensed or certified to provide real estate valuation services.
Licensee: An individual holding an active appraiser license or certification.
Examination: The approved test required for obtaining initial licensing or certification.
Continuing Education: Courses or activities required to maintain licensure.
Conduct: Ethical and professional behavior expected of licensees.
Chapter 2: Licensing and Certification
Eligibility Requirements
Applicants must meet education and experience criteria as established by the Board.
Submission of a completed application and payment of fees is required.
Passing the Board-approved examination is mandatory.
Types of Credentials
Trainee Appraiser: Entry-level credential allowing individuals to work under supervision.
Licensed Residential Appraiser: Qualification for appraising residential properties within specified value limits.
Certified Residential Appraiser: Qualification for appraising all residential properties.
Certified General Appraiser: Qualification for appraising all types of real estate.
Application Process
Applications must be submitted on approved forms.
Supporting documents include proof of education and experience.
The Board reviews applications for completeness and eligibility.
Chapter 3: Examination Procedures
The Board administers or approves examinations to test applicants’ knowledge and competency.
Examination content covers appraisal principles, ethics, and Iowa-specific requirements.
Passing scores are established by the Board.
Retesting policies and time frames are specified.
Chapter 4: Renewal and Continuing Education
Licenses and certifications must be renewed periodically (often every two years).
Renewal applications require proof of completing required continuing education.
The Board specifies acceptable courses and minimum hours.
Failure to renew on time may result in license expiration or additional requirements.
Chapter 5: Conduct and Discipline
Licensees must adhere to standards of professional conduct and ethics.
The Board may investigate complaints and allegations of misconduct.
Disciplinary actions may include reprimand, suspension, revocation, or fines.
Procedures for hearings and appeals are outlined internally.
Chapter 6: Fees and Financial Provisions
The Board sets fees for:
Initial application,
Examination,
Renewal,
Reinstatement,
Copies of records.
Fees are collected and managed according to agency policy.
Chapter 7: Record Keeping and Reporting
The Board maintains records of all licensees, applications, examinations, and disciplinary actions.
Reporting requirements for licensees (such as changes of address or employment) are established.
Records are confidential but may be released as appropriate under agency rules.
Summary
Agency 193F — Real Estate Appraiser Examining Board provides an internally consistent framework for:
Licensing and certifying real estate appraisers,
Administering examinations,
Enforcing continuing education requirements,
Investigating and disciplining licensees,
Maintaining records and collecting fees.
All responsibilities, procedures, and standards are detailed within the Iowa Administrative Code for Agency 193F, ensuring appraisers maintain competency and professionalism throughout their careers.
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