ASC North Dakota Waiver Comments The North Star Chapter and AI national need your help in fighting off the latest threat to reduce appraisals in North Dakota. The Appraisal Subcommittee (ASC) is requesting comments regarding the temporary waiver request for the State of North Dakota. Public comments are requested and due by July 1, 2019.…
The Special Session of the Minnesota State Legislature concluded on May 24, 2019 with Governor Tim Walz signing the omnibus bill H.F.No. 2. The Government Relations Committee (GRC) is proud to share that the bill included three important pieces of appraisal-related legislation: Alignment with the latest AQB licensing requirements Making it easier for out-of-state appraisers to…
MN Statute 82B Revisions The Government Relations Committee is at it again! We have introduced important legislation that positively impacts the appraisal profession in the State of Minnesota and we need your help. This legislation will make much needed revisions to Statute 82B, the laws that govern appraisal practice in Minnesota, which have not been…
North Star Chapter Appraisers, Your Government Relations Committee (GRC) is working hard on your behalf. Over the past three years, we have passed three appraisal-related bills into law with the help of our state legislators. Here’s a list of our accomplishments: 2018 – Created the Appraisers Advisory Board to advise and provide best practices regarding real estate appraisers…
Joe Ibach, MAI, recently was in Washington, D.C. to attend the AARO Conference. While there, he met with staff from Senators’ Rounds (SD) and Hoeven & Heitkamp (ND). Topics of discussion included: H.R. 6347 & 6348…two house bills that propose to increase the real estate thresholds for major SBA loans. Not good for the appraisal…
North Star Chapter Appraisers, The North Star Chapter Membership needs to be aware of an effort being led by Governor Doug Burgum on behalf of the State of North Dakota, the North Dakota Department of Financial Institutions, and the North Dakota Bankers Association, for a temporary waiver to be enacted in North Dakota. The Appraisal…
On May 20, 2018, Governor Dayton signed into law SF 2991/HF2829, which establishes the Real Estate Appraiser Advisory Board (REAAB). This seven-person board appointed by the Department of Commerce (DOC) commissioner will advise and provide best practices regarding real estate appraisers’ licensing, public disciplinary matters, continuing education, and industry-related trends. The first meeting is to…
