(a) - (c)(No change.) (d)In approving ACE courses, the board shall base its review and approval of appraiser continuing education courses upon the then current appraiser qualifications criteria of the Appraiser Qualifications Board (AQB). (1)(No change.) (2)The following types of educational offerings that may be accepted for meeting the ACE requirements are listed in subparagraphs (A)-(K) of this paragraph: (A) - (G)(No change.) (H)To be acceptable for meeting the Uniform Standards of Professional Appraisal Practice (USPAP), appraiser continuing education (ACE) requirement, a course must: (i)Be the National USPAP Update Course or the National USPAP Course or equivalent as determined by the AQB [devoted to the Uniform Standards of Professional Appraisal Practice (USPAP) with a minimum of seven classroom hours of instruction]; and (ii)Use the current edition of the Uniform Standards of Professional Appraisal Practice (USPAP) promulgated by the Appraisal Standards Board of the Appraisal Foundation; and (iii)Provide each student with his or her own permanent copy of the current Uniform Standards of Professional Appraisal Practice (USPAP) promulgated by the Appraisal Standards Board of the Appraisal Foundation; and (iv)Providers may include up to one additional hour of supplemental Texas specific information. This may include such topics as the TALCB Act, TALCB Rules, processes and procedures, enforcement issues, or other topics deemed to be appropriate by the board. [At a minimum be based on topics covered by the Appraisal Standards Board (ASB) Instructor's Manual. This section does not limit additional USPAP related topics to be covered in the course, or utilize the national USPAP Update course, or its equivalent as determined by the AQB.] (I) - (K)(No change.)
This agency hereby certifies that the proposal
has been reviewed by legal counsel and
found to be within the agency's legal
authority to adopt.
Filed with the Office of
the Secretary of State on March 26, 2003
TRD-200302034 Renil C. Liner
Commissioner
Texas Appraiser Licensing and Certification Board
Earliest possible date of adoption: May 11, 2003
For further information, please call: (512) 465-3950
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