(Note) Application forms may be obtained from the Department of Safety and Professional Services, Division of Professional Credential Processing, 1400 East Washington Avenue, P.O. Box 8935, Madison, WI 53708-8935 or from the department's website at: http://dsps.wi.gov. Section 44. SPS 85.710 (5) (intro.) and (b) (intro.) are amended to read:
SPS 85.710 (5) (intro.) Records of the department of revenue or a local governmental body which that document the applicant's experience as an assessor, including but not limited to all of the following:
(b) (intro.) Documents that demonstrate the applicant's performance of the following components of the mass appraisal process in accordance with Standard Standards 5 and 6 of the uniform standards Uniform Standards of professional appraisal practice Professional Appraisal Practice:
Section 45. SPS 85.800 (Note), (3), (Note), (4) (intro.), (b), (d), and (e), (9), (10), and (Note) are amended to read:
SPS 85.800 (Note) Information relating to course approval is available from the Department of Safety and Professional Services, 1400 East Washington Avenue, P.O. Box 8935, Madison, Wisconsin 53708-8935 department’s website at dsps.wi.gov.
(3) Credit may be granted for a distance education course that satisfies all requirements for a continuing education course established by the appraiser qualifications board of the appraisal foundation AQB that are in effect at the time the course is completed.
(4) (intro.) Course instructors shall be approved by the department. An instructor whose appraiser certificate has been limited, suspended, or revoked may not instruct in approved courses while the disciplinary action is in effect. An approved instructor shall possess at least one of the following qualifications:
(b) Be a licensed or certified appraiser who practices in the aspects of appraising has engaged in appraisal practice relevant to the subject matter being taught such as, appraisal, appraisal review, appraisal consulting or mass appraisal, and who has engaged in the practice for at least 5 years.
(d) Be an instructor who teaches appraisal courses approved by the appraiser qualifications board of the appraisal foundation AQB.
(e) If applying to teach the 15-hour national 15-Hour National USPAP course Course, or its equivalent, be a certified residential or general appraiser, and be certified by the appraiser qualifications board of the appraisal foundation AQB as an instructor to teach that course. Course equivalency shall be determined through the AQB course approval program or by an alternate method established by the AQB.
(9) An appraisal course approved by the appraiser qualifications board of the appraisal foundation AQB shall be approved by the department without receipt of an application for course approval from the course provider.
(10) An appraisal course approved by another state or territory of the United States, which complies with the real property appraiser qualification criteria established by the appraiser qualifications board of the appraisal foundation AQB, shall be approved by the department without receipt of an application for course approval from the other state or territory.
(Note) To obtain information about A list of courses approved by the Appraiser Qualifications Board of the Appraisal Foundation write to: 1155 15th Street, NW, Suite 1111, Washington, D.C. 20005 AQB is available from The Appraisal Foundation’s website at www.appraisalfoundation.org. Section 46. SPS 85.820 (1), (2) (intro.), (a), and (c) are amended to read:
SPS 85.820 (1) The course provides interaction. Interaction is a reciprocal environment where the student has verbal or written communication interaction with the instructor.
(2) (intro.) The Except as provided under sub. (2m), the content for the distance education course has been approved by any of the following:
(a) The Appraiser Qualification Board of the Appraisal Foundation AQB.
(c) An accredited college, community college, or university that offers distance education programs and is approved or accredited by the commission on colleges.
Section 47. SPS 85.820 (2) (d) and (e) are repealed.
Section 48. SPS 85.820 (2) (f) is renumbered SPS 85.820 (2m) and amended to read:
SPS 85.820 (2m) Non-academic A non-academic credit college courses course provided by a college shall be approved by the AQB or the a state appraiser regulatory jurisdiction.
Section 49. SPS 85.820 (3) (a), (b), and (c) are amended to read:
SPS 85.820 (3) (a) An AQB-approved organizations organization providing approval of course design and delivery.
(b) A An accredited college or university that qualifies for content approval offers distance education programs and that awards academic credit for the distance education course.
(c) A qualifying An accredited college or university for content approval with a distance education delivery program that approves the course design and delivery that incorporate interactivity.
Section 50. SPS 85.830 (7) is amended to read:
SPS 85.830 (7) The appraisal foundation Appraisal Foundation or its boards.
Section 51. SPS 85.840 (1) and (2) are amended to read:
SPS 85.840 (1) Credit toward qualifying education requirements may also be obtained via the by completion of a degree in real estate from an accredited a degree-granting college or university approved by the association Association to advance collegiate schools Advance Collegiate Schools of business Business, or a regional or national accreditation agency recognized by the U.S. Secretary department of Education education, provided that the college or university has had its curriculum reviewed and approved by the AQB.
(2) Education may not be substituted for experience, except for approved practicum courses as found in under s. SPS 85.700 (1) (e).
Section 52. SPS 85.900 (1) to (3) are amended to read:
SPS 85.900 (1) Every Except as provided under sub. (1m), every certified and licensed appraiser shall complete at least 28 class hours of continuing education in each biennial renewal period, which shall include including successful completion of the 7-hour national 7-Hour National USPAP update course Update Course or its AQB-approved equivalent that is approved by the appraiser qualifications board (AQB) of the appraisal foundation. Course equivalency shall be determined through the AQB course approval program or by an alternate method established by the AQB.
(1m) Appraisers If an appraiser is initially licensed or certified within a biennium biennial renewal period, the appraiser shall complete 14 class hours of continuing education for each remaining year or part partial year of licensure or certification, which shall include, of the total number of hours completed within the biennium in that renewal period, including successful completion of the 7-hour national 7-Hour National USPAP update course Update Course or its AQB-approved equivalent that is approved by the appraiser qualifications board (AQB) of the appraisal foundation. Course equivalency shall be determined through the AQB course approval program or by an alternate method established by the AQB.
(2) Continuing education class hours may be applied only to satisfy the continuing education requirements for the biennial renewal period in which the hours were acquired and may not be carried over to the next biennial renewal period. Appraisers may not receive credit for completion of the same Credit for completing any given continuing education course offering within shall be claimed only once during a continuing education cycle biennial renewal period.
(3) To obtain credit for continuing education class hours, a licensed or certified appraiser shall sign a statement on the renewal application certifying that he or she has completed completion, within the 2 years biennial renewal period immediately preceding the date on which the application is submitted, 28 hours of continuing education approved by the department that meets the requirements of this section.
Section 53. SPS 85.900 (4) is renumbered SPS 85.900 (4) (intro.) and amended to read:
SPS 85.900 (4) (intro.) The number of hours of attendance at and completion of continuing education courses required under s. 458.13, Stats., sub. (1) or (1m) shall be reduced by one hour for each hour of attendance and completion of, within the 2 years immediately preceding the date on which the renewal application is submitted, continuing education courses that the applicant has attended and completed in order to continue to qualify for employment as an assessor and that the department determines is substantially equivalent to attendance at and completion of the applicant attends a continuing education courses for certified general appraisers, certified residential appraisers, or licensed appraisers, as appropriate. course meeting all of the following requirements:
Section 54. SPS 85.900 (4) (a) to (c) are created to read:
SPS 85.900 (4) (a) The course is completed during the biennial renewal period immediately preceding the date the application for renewal is submitted.
(b) The course is attended by the applicant in order to continue to qualify for employment as an assessor.
(c) The department determines the course is substantially equivalent to a continuing education course that is relevant to the category of license or certification to which the application pertains.
Section 55. SPS 85.900 (5) and (6) are amended to read:
(5) Up to 14 class hours may be claimed for teaching approved appraisal continuing education courses that are approved under s. SPS 85.910. Credit for instructing any given continuing education course or seminar may shall be claimed only once during a continuing education biennial renewal period. (6) To audit for compliance, the department may require any certified or licensed appraiser to submit evidence of completion, of 28 hours of continuing education for during the biennium preceding the biennial renewal period, of continuing education that meets the requirements of this section. Every certified and licensed appraiser shall retain records of continuing education credits for at least 5 years.
Section 56. SPS 85.900 (7) is repealed.
Section 57. SPS 85.910 (1) is renumbered SPS 85.910 (1) (a) (intro.) and amended to read:
SPS 85.910 (1) (a) (intro.) Except as provided in under sub. (10), to obtain approval of a continuing education course, the course provider shall submit an application on forms provided by the department at least 45 days prior to the first date the course is offered. The course provider application shall include a general description of the subject, name, and outline, name and qualifications of the instructor, date, time segments, and location. The department shall notify the provider whether the course has been approved or denied within 20 business days from the date the application is received. all of the following:
Section 58. SPS 85.910 (1) (a) 1. to 4. and (b) are created to read:
SPS 85.910 (1) (a) 1. The name, date, and location of the course.
2. A general description of the subject matter.
3. An outline of the content of the course, including time segments for each subject.
4. The name and qualifications of the course instructor.
(b) The department shall notify the course provider whether the course has been approved or denied within 20 business days from the date the application is received.
Section 59. SPS 85.910 (Note), (2) (intro.) and (c), (7) (a), (b) (intro.), and (Note), (8) (intro.), (d), (Note), and (e), (9) (intro.), (10), (11), and (Note) are amended to read:
SPS 85.910 (Note) Applications for course approval are available from the Department of Safety and Professional Services, Division of Professional Credentialing, 1400 East Washington Avenue, P.O. Box 8935, Madison, Wisconsin 53708-8935 department’s website at dsps.wi.gov.
(2) (intro.) A continuing education course shall relate to one or more real property related appraisal topics, that include including any of the following:
(c) Courses related to the practice of real estate appraisal or appraisal consulting.
(7) (a) Credit may be granted for a distance education course that satisfies all requirements for a continuing education course established by the appraiser qualifications board of the appraisal foundation AQB that are in effect at the time the course is offered.
(b) (intro.) A distance education course intended for use as continuing education must shall include at least one of the following:
(Note) To obtain information about Information concerning the course approval process established by the Appraiser Qualifications Board of the Appraisal Foundation AQB write to:
1155 15th Street, NW, Suite 1111, Washington, D.C. 20005, (202) 347-7722, is available at www.appraisalfoundation.org. (8) (intro.) Course instructors shall be approved by the department. An instructor whose appraiser certificate has been limited, suspended, or revoked may not instruct in approved courses while the disciplinary action is in effect. An approved instructor shall possess at least one of the following qualifications:
(d) Be an instructor who teaches appraisal courses approved by the appraiser qualifications board of the appraisal foundation AQB.
(Note) To obtain information about Information concerning courses approved by the Appraiser Qualifications Board of the Appraisal Foundation AQB write to: 1155 15th Street, NW, Suite 1111, Washington, D.C. 20005, (202) 347-7722, is available at www.appraisalfoundation.org. (e) If applying to teach the 7-hour national 7-Hour National USPAP update course Update Course or its equivalent, be a certified residential or general appraiser, and be certified by the appraiser qualifications board of the appraisal foundation AQB as an instructor to teach that course.
(9) (intro.) The course provider shall retain records of attendance of qualifying education programs for a period of 5 years. that The records shall include all of the following:
(10) An appraisal course approved by the appraiser qualifications board of the appraisal foundation AQB shall be approved by the department, without receipt of an application for course approval from the course provider.
(11) An appraisal course approved by another state or territory of the United States, which complies with the real property appraiser qualification criteria established by the appraiser qualifications board of the appraisal foundation AQB, shall be approved by the department without receipt of an application for course approval from the other state or territory.
(Note) To obtain information about Information concerning courses approved by the Appraiser Qualifications Board of the Appraisal Foundation AQB write to: 1155 15th Street, NW, Suite 1111, Washington, D.C. 20005, (202) 347-7722, is available at www.appraisalfoundation.org. Section 60. SPS 86.01 (1), (2), (2a), (3), (4), (5), (7), (9), (11), and (13) are amended to read:
SPS 86.01 (1) Certified and licensed appraisers shall comply with the standards of practice established by ch. 458, Stats., chs. SPS 85- and 86, and the uniform standards Uniform Standards of professional appraisal practice Professional Appraisal Practice (USPAP). A violation of any provision in this chapter may result in disciplinary action under s. 458.26, Stats. (2) All appraisals performed in conjunction with federally related transactions and non-federally related transactions shall conform to the uniform standards Uniform Standards of professional appraisal practice Professional Appraisal Practice (USPAP) in effect at the time the appraisals are performed.
(2a) No certified or licensed appraiser may sign any written appraisal report which that was not prepared by the appraiser or under his or her the appraiser’s supervision.
(3) A certified residential appraiser shall may not use the title “Wisconsin certified residential appraiser" or “WI certified residential appraiser" on any appraisal report or written appraisal agreement pertaining to commercial real estate having a transaction value of more than $250,000 500,000.
(4) A licensed appraiser who is not certified under s. 458.06, Stats., shall may not use the title “Wisconsin licensed appraiser" on any appraisal report or written agreement, except in conjunction with an appraisal performed within the scope of appraisal practice of a licensed appraiser as specified in under s. SPS 85.500.
(5) Certified and licensed appraisers shall may not knowingly omit, understate, misrepresent, or conceal material facts in their appraisals.
(7) A certified or licensed appraiser shall avoid conflicts of interest. If a conflict arises, the certified or licensed appraiser shall immediately cease work on the appraisal and shall may not continue work on the appraisal without the written consent of the party who authorized the appraisal.
(9) A certified or licensed appraiser shall may not solicit from or knowingly disclose to any person or entity the content of an examination for appraiser certification or licensure conducted under s. SPS 85.600.
(11) All certified and licensed appraisers shall comply with Wisconsin and federal laws that substantially relate to the practice of real estate appraising appraisal, including, but not limited to, the financial institutions reform Financial Institutions Reform, recovery Recovery, and enforcement act Enforcement Act of 1989, and all appraisal- related federal regulations promulgated by the federal financial institution regulatory agencies, as defined in s. SPS 85.120 (12).
(13) No certified or licensed appraiser may engage in conduct which that reflects adversely on his or her the appraiser’s fitness to practice as a real estate appraiser, including engaging in any unprofessional or unethical conduct in the course of any real estate or appraisal transaction.
Section 61. SPS 86.03 (3) is amended to read:
SPS 86.03 (3) In lieu of placing a title on a report or agreement in the manner specified in sub. (1), an appraiser may place his or her certificate number adjacent to or immediately below the initials “WCGA," “WCRA" or “WLA," as appropriate, on a report or agreement, in any instance in which he or she the appraiser determines that it is impractical to comply with the requirement in sub. (1), because of space limitations on a report or agreement.
Section 62. SPS 87.01 (Note) is created to read:
SPS 87.01 (Note) An application for renewal may be obtained from the department’s website at dsps.wi.gov.
Section 63. SPS 87.02 (intro.) is amended to read:
SPS 87.02 (intro.) Late renewal. An appraiser who fails to renew a certificate by the renewal date may renew or reinstate the certificate by submitting an application on a form provided by the department and satisfying one of the following requirements:
