Subject of Possible Rule Making: Amendments to chapter 308-125 WAC for appraisers.

     Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 18.140.030 (1) and (15).

     Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Rule changes are needed to simplify requirements for reciprocal appraiser licenses between states, update education requirements for all classification levels to comply with the federal criteria, update the roles of supervisory appraisers and trainees, and implement housekeeping changes recommended by the state appraiser commission. These rule changes, along with legislation that the department has proposed, are needed to bring the agency into compliance with Title XI as amended by the Dodd-Frank Act, federal Appraisal Sub Committee policy, and federal Appraisal Qualifications Board 2015 qualification criteria. All proposed rule amendments are supported by industry, do not directly impact local government, and meet the exemption criteria outlined in Executive Order 10-06.

     Process for Developing New Rule: Mandated by Title XI of the Dodd-Frank Act, the Appraisal Sub Committee, and by the Appraisal Qualifications Board.

     Details will be distributed through the listserv. To receive information by e-mail, please sign up on the department of licensing real estate appraisers listserv at http://www.dol.wa.gov/business/appraisers/applist.html.

     Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Dee Sharp, Business and Professions Division, Real Estate Appraiser Program, Department of Licensing, P.O. Box 9021, Olympia, WA 98507, phone (360) 664-6504, fax (360) 570-4981, e-mail dsharp@dol.wa.gov. Interested parties may send in their comments by mail, phone, fax, or e-mail. Additional information will be posted on the internet.

May 1, 2013

Damon Monroe

Rules Coordinator