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Appraisal Subcommittee Letter to State Agencies

Appraisal Subcommittee Letter to State Agencies

7/8/2022
On July 8, 2022, the Appraisal Subcommittee sent a letter to state agencies regarding the 7-Hour USPAP update course. In the letter, the ASC cited one of the findings with regard to Fair Housing module. In the letter, the ASC provides options to state agencies. You can read the full letter here

Excerpt from the letter: 
Therefore, in connection with the ASC’s authority to monitor State appraiser certifying and licensing agencies pursuant to Title XI, the ASC does not intend to criticize States based on their determination as to whether their credentialed appraisers will be required to take the 2022-2023 7-Hour National USPAP Update Course until the concerns raised in the Report are addressed and new course content available. This would not affect the minimum continuing education hours required in the AQB Criteria. If States choose not to require the 2022-2023 7-Hour National USPAP Update Course, appraisers would need to fulfill the required continuing education hours with other continuing education offerings, and States would need to document the file accordingly.
 
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