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Notice: New Rules TREAC, Real Estate Appraisers 09/27/2024

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Notice of Rulemaking Hearing for New Rules of the
Tennessee Real Estate Appraiser Commission

Pursuant to Tenn. Code Ann. § 4-3-1306(d), you are receiving this notice because you have elected to receive notification by e-mail of certain changes or potential changes to the law applicable to your profession.

The Tennessee Real Estate Appraiser Commission is conducting a rulemaking hearing on, Tuesday, January 21, 2025, at 9:00 a.m. CT. This rulemaking hearing will be held at the following address:

500 James Robertson Parkway
Davy Crockett Tower, Conference Room 1-B
Nashville, Tennessee 37243

The proposed rules amend certain general provisions and reciprocity rules resulting from the Department’s review as required by the General Assembly’s enactment of Tenn. Code Ann. § 4-5-213. Specifically, the application upgrade fee is eliminated along with fees for temporary authorization for military applicants, and the reciprocal certificate issuance fee is reduced. Also, the experience and appraisal log requirements for registered trainees are amended. Lastly, a portion of the proposed rule amendments update and clarify the educational requirements for qualifications for general certification, as required following an audit from the Appraisal Subcommittee (“ASC”). A full copy of these rules can be viewed online at:

https://publications.tnsosfiles.com/rules_filings/09-21-24.pdf 

Pursuant to the Tennessee Open Meetings Act (Tenn. Code Ann. § 8-44-101, et seq.), the above-referenced hearing is open to the public, and you may attend the hearing in person. If you have any comments regarding the rules, you may either submit your written comments in advance of the rulemaking hearing to Anna D. Matlock, Associate General Counsel, at (615) 253-0070 or electronically at Anna.Matlock@tn.gov, or appear at the rulemaking hearing to make your comments on the record.

 

Dept. of Commerce & Insurance | 500 James Robertson Pkwy | Nashville, TN 37243-0565
(615) 741-2241
If you would like to unsubscribe to emails please contact us at Complex_Apps_Team@tn.gov