Lowering the Bar - Follow Up

As a follow up to a previous post, the Appraisal Qualifications Board (AQB) did ultimately adopt the new, lower standards for appraisal licensing upgrades.  They went into effect in May of 2018.  The new standards are found in the AQB's Real Property Appraiser Qualification Criteria.  

As of February of 2019, the State of Minnesota has NOT adopted the new standards.  However, the Government Relations Committee of the North Star Chapter of the Appraisal Institute has introduced a bill that would change Statute 82B and bring Minnesota into alignment with the national standard.

Stay Tuned!