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Code of Colorado Regulations eDocket
Details of Tracking Number
2023-00631
CCR details
| Tracking Number |
2023-00631 |
| Type of Filing |
Permanent Rule |
| Department |
700 Department of Regulatory Agencies |
| Agency |
725 Division of Real Estate |
| CCR Number |
4 CCR 725-2 |
| CCR Title |
RULES GOVERNING THE PRACTICE OF REAL ESTATE APPRAISERS OF THE BOARD OF REAL ESTATE APPRAISERS |
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Proposed rule
| Notice Filed with SOS |
09/22/2023 |
| Rule |
ProposedRuleAttach2023-00631.pdf |
| Additional Information |
AddInfoAttach2023-00631.pdf |
| Statutory Authority |
§ 12-10-604(1)(a)(I) and § 12-10-606(7)(a) and (b), C.R.S. |
| Applicable Federal Provisions |
n/a |
| Description of Subjects/Issues |
The specific purpose of this rulemaking is to modify the administrative rules regarding definitions, licensure requirements, qualifying education, appraisal licensing examinations, appraisal experience, application for licensure requirements, continuing education, license status processes (renewal, reinstatement, inactivation, surrender or revocation), licensure by endorsement and servicemember portability, temporary practice permits, professional appraisal standards, license titles, disciplinary procedures, declaratory orders, exceptions of initial decisions, appraisal management company licensing and professional standards for appraisal management companies. These administrative rules set forth the licensing, professional standards, and enforcement requirements for licensed and certified appraisers and appraisal management companies. In compliance with the mandatory rule review required by section 24-4-103.3., C.R.S., the Division of Real Estate, on behalf of the Board of Real Estate Appraisers, conducted a review of all the Board’s rules relating to the Real Estate Appraisers Practice Act to assess the continuing need for, the appropriateness, and cost-effectiveness of the rules. The review also determined whether the rules should be continued in their current form, modified, or repealed. |
| Purpose/Objective of Rule |
The specific purpose of this rulemaking is to modify the administrative rules regarding definitions, licensure requirements, qualifying education, appraisal licensing examinations, appraisal experience, application for licensure requirements, continuing education, license status processes (renewal, reinstatement, inactivation, surrender or revocation), licensure by endorsement and servicemember portability, temporary practice permits, professional appraisal standards, license titles, disciplinary procedures, declaratory orders, exceptions of initial decisions, appraisal management company licensing and professional standards for appraisal management companies. These administrative rules set forth the licensing, professional standards, and enforcement requirements for licensed and certified appraisers and appraisal management companies. In compliance with the mandatory rule review required by section 24-4-103.3., C.R.S., the Division of Real Estate, on behalf of the Board of Real Estate Appraisers, conducted a review of all the Board’s rules relating to the Real Estate Appraisers Practice Act to assess the continuing need for, the appropriateness, and cost-effectiveness of the rules. The review also determined whether the rules should be continued in their current form, modified, or repealed. |
| Basis And Purpose |
BasisAndPurposeAttachment2023-00631.pdf
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| Comments |
n/a |
| Submitted in response to issues raised by COLS/OLLS? |
No
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| Is this rule adopted in response to recent legislation? |
No
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| Hearing Date |
11/02/2023 |
| Hearing Time |
09:00 AM |
| Hearing Location |
1560 Broadway, Suite 925, Denver CO 80202 (Virtual Hearing Only) |
| Contact Name |
Eric Turner |
| Contact Title |
Deputy Director |
| Contact Telephone |
3038942424 |
| Contact email |
eric.turner@state.co.us |
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Adopted rule
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