00 CS FOR HOUSE BILL NO. 410(STA) 01 "An Act relating to real estate appraisers and the Board of Certified Real Estate 02 Appraisers." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 08.03.010(c)(7) is amended to read: 05  (7) Board of Certified Real Estate Appraisers (AS 08.87.010) -- 06 June 30, 1998 [1994]; 07 * Sec. 2. AS 08.87.020 is amended to read: 08  Sec. 08.87.020. POWERS AND DUTIES OF BOARD. In addition to the 09 powers and duties conferred on the board by AS 08.01, the board shall 10  (1) establish the examination specifications for certification as a general 11 real estate appraiser, as a residential real estate appraiser, and as an institutional real 12 estate appraiser; 13  (2) adopt rules of professional conduct to establish and maintain a high 14 standard of integrity in the real estate appraisal profession; and 01  (3) adopt regulations necessary to carry out the purposes of this chapter, 02 including regulations necessary to comply with the requirements of 12 U.S.C. 3331 03 - 3351 (Title XI, Financial Institutions Reform, Recovery, and Enforcement Act 04 of 1989); the regulations adopted by the board under AS 08.87.110, 08.87.120, and 05 08.87.310 may not be more stringent than the corresponding minimum 06 requirements for receiving approval of the state's program of certification of real 07 estate appraisers under 12 U.S.C. 3331 - 3351 or other federal law. 08 * Sec. 3. AS 08.87.110(a) is amended to read: 09  (a) The board shall issue a general real estate appraiser certificate to a person 10 who presents evidence satisfactory to the board that the person 11  (1) has successfully completed [150 OR MORE] classroom [HOURS 12 OF] instruction in subjects related to real estate appraisal, as required by the board 13 in regulation, from an appraisal organization or academic institution approved by the 14 board; 15  (2) has successfully completed [15] classroom [HOURS OF] instruction 16 related to standards of professional practice as a real estate appraiser, as required by 17 the board in regulation; 18  (3) [HAS WITHIN THE SEVEN YEARS IMMEDIATELY 19 PRECEDING THE FILING OF THE APPLICATION FOR CERTIFICATION FOUR 20 YEARS OF EXPERIENCE IN REAL PROPERTY APPRAISAL OR THREE YEARS 21 OF EXPERIENCE AS A REGISTERED TRAINEE UNDER AS 08.87.310; 22  (4)] successfully completes an examination prescribed by the board; 23  (4) [(5)] has not been convicted of a crime involving moral turpitude; 24 and 25  (5) [(6)] has paid the required fees. 26 * Sec. 4. AS 08.87.110(b) is amended to read: 27  (b) The board shall issue a residential real estate appraiser certificate to a 28 person who presents evidence satisfactory to the board that the person 29  (1) meets the requirements of (a)(2) - (5) [(a)(2) AND (4) - (6)] of this 30 section; and 31  (2) has successfully completed [60 HOURS OF] classroom instruction 01 in subjects related to residential real estate appraisal, as required by the board in 02 regulation, from an appraisal organization or academic institution approved by the 03 board [; AND 04  (3) HAS WITHIN THE FIVE YEARS IMMEDIATELY PRECEDING 05 THE FILING OF THE APPLICATION FOR CERTIFICATION THREE YEARS OF 06 EXPERIENCE IN REAL PROPERTY APPRAISAL OR TWO YEARS OF 07 EXPERIENCE AS A REGISTERED TRAINEE UNDER AS 08.87.310]. 08 * Sec. 5. AS 08.87.110(c) is amended to read: 09  (c) Notwithstanding (a) and (b) of this section, the board shall, without 10 requiring the examination specified in (a)(3) [(a)(4)] of this section, issue a general 11 real estate appraiser or residential real estate appraiser certificate to a person who can, 12 by evidence satisfactory to the board, show that the person 13  (1) has been certified in another state that has certification requirements 14 substantially equivalent to the requirements established by this chapter and by 15 regulations issued by the board under this chapter, and that provides for certification 16 of nonresidents under conditions similar to those set out in this subsection and without 17 discriminatory costs; 18  (2) is not the subject of an unresolved complaint or disciplinary action 19 before an authority regulating real estate appraisers or a professional real estate 20 appraisers' association; 21  (3) has not failed the examination for certification as a real estate 22 appraiser in this state; 23  (4) has not had certification as a real estate appraiser revoked or 24 suspended in this state or in another jurisdiction; 25  (5) has submitted proof of continued competency satisfactory to the 26 board; 27  (6) successfully completes an examination that may be prescribed by 28 the board relating to appraisal matters unique to Alaska; and 29  (7) has paid the required fees. 30 * Sec. 6. AS 08.87.120(a) is amended to read: 31  (a) The board may not renew a certificate issued under this chapter unless the 01 person applying for renewal presents evidence satisfactory to the board that the person 02 has, within the two years preceding the application for renewal, attended [40] 03 classroom [HOURS OF] instruction, as required by the board in regulation, in 04 courses or seminars that have received the approval of the board. 05 * Sec. 7. AS 08.87.310(a) is amended to read: 06  (a) A person engaged in the practice of real estate appraisal who is employed 07 by or under the direct supervision of a certified real estate appraiser may become a 08 registered trainee by submitting proof to the board that the person has successfully 09 completed the number of [AT LEAST 30] classroom hours required by the board 10 in regulation of courses in subjects related to real estate appraisal from an appraisal 11 organization or academic institution approved by the board.