legislature and the Rules Review Commission approves the rule, 21 NCAC 57A .0501 APPRAISAL STANDARDS the rule will become effective as provided in G.S. 150B-21.3(b1). (a) Every registered trainee and licensed and certified real estate The Commission will receive written objections until on the day appraiser shall, in performing the acts and services of a registered following the day the Commission approves the rule. The trainee or licensed or certified real estate appraiser, comply with Commission will receive those objections by mail, delivery the following provisions of the "Uniform Standards of service, hand delivery, or facsimile transmission. If you have any Professional Appraisal Practice" (USPAP) promulgated by the further questions concerning the submission of objections to the Appraisal Standards Board of the Appraisal Foundation, all of Commission, please call a Commission staff attorney at which are incorporated by reference including subsequent amendments and editions: (1) Definitions; Fiscal impact (check all that apply). (2) Preamble; (3) Ethics Rule; State funds affected Environmental permitting of DOT affected (4) Record Keeping Rule; Analysis submitted to Board of Transportation (5) Competency Rule; (6) Scope of Work Rule; Local funds affected Substantial economic impact (7) Jurisdictional Exception Rule; and (≥$1,000,000) Approved by OSBM (8) Standards Rules 1, 2 and 3. 2, 3, and 4. No fiscal note required by G.S. 150B-21.4 (b) A copy of USPAP may be obtained from the Appraisal Foundation at https://www.appraisalfoundation.org. The cost for SUBCHAPTER 57A REGISTRATION, LICENSING, a copy of the Standards ranges from sixty five dollars ($65.00) to – ninety nine dollars ($99.00), depending upon whether a hard copy CERTIFICATION AND PRACTICE or a digital version is purchased. SECTION .0500 STANDARDS OF – PRACTICE Authority G.S. 93E-1-10.
legislature and the Rules Review Commission approves the rule, the rule will become effective as provided in G.S. 150B-21.3(b1). The Commission will receive written objections until on the day following the day the Commission approves the rule. The Commission will receive those objections by mail, delivery service, hand delivery, or facsimile transmission. If you have any further questions concerning the submission of objections to the Commission, please call a Commission staff attorney at Fiscal impact (check all that apply). State funds affected Environmental permitting of DOT affected Analysis submitted to Board of Transportation Local funds affected Substantial economic impact (≥$1,000,000) Approved by OSBM No fiscal note required by G.S. 150B-21.4 SUBCHAPTER 57A – REGISTRATION, LICENSING, CERTIFICATION AND PRACTICE SECTION .0500 – STANDARDS OF PRACTICE 21 NCAC 57A .0501 APPRAISAL STANDARDS (a) Every registered trainee and licensed and certified real estate appraiser shall, in performing the acts and services of a registered trainee or licensed or certified real estate appraiser, comply with the following provisions of the "Uniform Standards of Professional Appraisal Practice" (USPAP) promulgated by the Appraisal Standards Board of the Appraisal Foundation, all of which are incorporated by reference including subsequent amendments and editions: (1) Definitions; (2) Preamble; (3) Ethics Rule; (4) Record Keeping Rule; (5) Competency Rule; (6) Scope of Work Rule; (7) Jurisdictional Exception Rule; and (8) Standards Rules 1, 2 and 3. 2, 3, and 4. (b) A copy of USPAP may be obtained from the Appraisal Foundation at https://www.appraisalfoundation.org. The cost for a copy of the Standards ranges from sixty five dollars ($65.00) to ninety nine dollars ($99.00), depending upon whether a hard copy or a digital version is purchased. Authority G.S. 93E-1-10.
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