458.03(3)(c) (c) Transmit reports to the appraisal subcommittee on a timely basis of supervisory activities involving appraisal management companies or other 3rd-party providers of appraisals and appraisal management services, as defined in s. 458.31 (2), including investigations initiated and disciplinary actions taken.
458.03(4) (4)The board does not have rule-making authority.
458.04 458.04 Advisory committee.
458.04(1)(1)If the secretary creates an advisory committee on examinations under s. 15.04 (1) (c), the advisory committee shall be chaired by an examination specialist, if an examination specialist is employed by the department, and shall report to the board and the secretary.
458.04(2) (2)If the secretary creates an advisory committee under s. 15.04 (1) (c), other than an advisory committee under sub. (1), to provide advice to the department on matters relating to appraisal practice, the advisory committee shall be chaired by a member of the board, if available, and shall report to the board and the secretary.
458.04(3) (3)
458.04(3)(a)(a) If the secretary creates an advisory committee under s. 15.04 (1) (c), other than an advisory committee under sub. (1), to provide advice to the department on matters relating to appraisal management companies, the advisory committee shall consist of the following members:
458.04(3)(a)1. 1. One controlling individual, as defined in s. 458.31 (6).
458.04(3)(a)2. 2. One public member.
458.04(3)(a)3. 3. One member of the board who is an appraiser, who shall serve as chairperson of the advisory committee.
458.04(3)(b) (b) An advisory committee under par. (a) shall report to the secretary and the board.
458.04 History History: 1989 a. 340; 2017 a. 113.
458.05 458.05 Rules; review of rules.
458.05(2)(2)Before submitting any proposed rules relating to appraisals or to the board to the legislative council staff under s. 227.15, the department shall submit the proposed rules to the board for comment. The board shall have 30 days to submit comments on the proposed rules to the secretary.
458.05(3) (3)When promulgating emergency rules under s. 227.24, the department shall provide a copy of the rules to the board prior to publication of the rules in the official state newspaper.
458.05(4) (4)The chairperson of the board, or his or her designee from the board, may cochair with the secretary, or the secretary's designee, any public hearing held by the department on proposed rules relating to appraisers or to the board.
458.05(5) (5)The department shall submit to the board a copy of the report required under s. 227.19 (2) on any proposed final rules relating to appraisers or to the board. The board may prepare a dissenting report stating its recommendations on the proposed final rules. Any dissenting report shall be prepared within 10 days from the date of receipt of the department's report, attached to the department's report and sent to the presiding officer of each house of the legislature and distributed under s. 227.19 (2). The department shall publish a statement to appear in the Wisconsin administrative register indicating that a dissenting report of the board has been submitted to the presiding officer of each house of the legislature.
458.05(6) (6)The department shall provide staff to assist the board in the review of administrative rules and preparation of comments or dissenting reports.
458.05 History History: 1989 a. 340; 1991 a. 78.
subch. II of ch. 458 SUBCHAPTER II
REAL ESTATE APPRAISERS
458.055 458.055 Prohibited conduct. Except as provided in s. 458.095, no person may do any of the following:
458.055(1) (1)Use the title “Wisconsin certified appraiser," “Wisconsin certified general appraiser," “Wisconsin certified residential appraiser," or any similar title unless the person holds an applicable appraiser certificate issued under s. 458.06.
458.055(2) (2)Describe or refer to an appraisal of real estate located in this state by the term “Wisconsin certified" or any similar term unless the person holds an applicable appraiser certificate issued under s. 458.06.
458.055(3) (3)Use the title “Wisconsin licensed appraiser" or any similar title unless the person is a certified appraiser or licensed appraiser.
458.055(4) (4)Describe or refer to an appraisal of real estate located in this state by the term “Wisconsin licensed" or any similar term unless the person is a certified appraiser or licensed appraiser.
458.055 History History: 1991 a. 78 ss. 10m, 11s, 19m; 1993 a. 3; s. 35.17 correction in (1).
458.06 458.06 Certification.
458.06(2)(2)Application. All applications for certification under this section shall be submitted to the department on a form provided by the department. An applicant shall specify on the application whether he or she is applying for a general appraiser certificate or a residential appraiser certificate. No initial certificate may be issued under this section unless all of the following conditions are satisfied:
458.06(2)(a) (a) The applicant is at least 18 years old.
458.06(2)(b) (b) The applicant pays the fee specified in s. 440.05 (1), except as provided in sub. (4m).
458.06(2)(c) (c) Subject to ss. 111.321, 111.322 and 111.335, the applicant submits evidence satisfactory to the department that he or she does not have an arrest or conviction record.
458.06(2)(d) (d) The applicant attends an educational course that includes at least 15 hours of instruction in the professional standards and code of ethics applicable to appraisers and passes an examination conducted to test the applicant's knowledge of such standards. The course shall be approved by the department and the examination shall be approved or conducted by the department.
458.06(3) (3)General appraiser certification. The department shall grant and issue a general appraiser certificate to any individual who does all of the following:
458.06(3)(a) (a) Satisfies the conditions in sub. (2).
458.06(3)(b) (b) Submits evidence satisfactory to the department that he or she has successfully completed the applicable educational and experience requirements specified in the rules promulgated under s. 458.085 (1) and (2).
458.06(3)(d) (d) Passes an examination conducted by the department under s. 458.10 to determine fitness as a general appraiser.
458.06(3)(e) (e) Satisfies any other requirements that the department determines, by rule, are necessary to ensure that a general appraiser is qualified to perform an appraisal in a federally related transaction.
458.06(4) (4)Residential appraiser certification. The department shall grant and issue a residential appraiser certificate to any individual who does all of the following:
458.06(4)(a) (a) Satisfies the conditions in sub. (2).
458.06(4)(b) (b) Submits evidence satisfactory to the department that he or she has successfully completed the applicable educational and experience requirements specified in the rules promulgated under s. 458.085 (1) and (2).
458.06(4)(d) (d) Passes an examination conducted by the department under s. 458.10 to determine fitness as a residential appraiser.
458.06(4)(e) (e) Satisfies any other requirements that the department determines, by rule, are necessary to ensure that a residential appraiser is qualified to perform an appraisal in a federally related transaction.
458.06(4m) (4m)Reciprocal certification. Upon application and payment of the fee specified in s. 440.05 (2), the department shall grant and issue a certificate of certification as a general appraiser or as a residential appraiser, as appropriate, to any applicant to whom any of the following applies:
458.06(4m)(a) (a) The applicant holds a current appraiser certificate in another state or territory of the United States and the department determines that the requirements for obtaining the certificate in the other state or territory are substantially equivalent to the requirements under sub. (3) or (4).
458.06(4m)(b) (b) The applicant meets the requirements established in a reciprocal agreement under s. 458.12 between the department and the regulatory authority in the state or territory where the applicant holds the certificate.
458.06 History History: 1989 a. 340; 1991 a. 39 ss. 3417t to 3419d, 3419i; 1991 a. 78; 1997 a. 225.
458.06 Cross-reference Cross-reference: See also ch. SPS 85, Wis. adm. code.
458.08 458.08 Licensure.
458.08(2)(2)Application. An application for licensure under this section shall be submitted to the department on a form provided by the department. No initial certificate of licensure may be issued under this section unless all of the following conditions are satisfied:
458.08(2)(a) (a) The applicant is at least 18 years old.
458.08(2)(b) (b) The applicant pays the fee specified in s. 440.05 (1), except as provided in subs. (3m) and (4).
458.08(2)(c) (c) Subject to ss. 111.321, 111.322 and 111.335, the applicant submits evidence satisfactory to the department that he or she does not have an arrest or conviction record.
458.08(2)(d) (d) The applicant attends the educational course and passes the examination described in s. 458.06 (2) (d).
458.08(3) (3)Appraiser licensure. The department shall grant and issue a certificate of licensure as an appraiser to any individual who does all of the following:
458.08(3)(a) (a) Satisfies the conditions in sub. (2).
458.08(3)(c) (c) Submits evidence satisfactory to the department that he or she has successfully completed the educational and experience requirements specified in the rules promulgated under s. 458.085 (1) and (2).
458.08(3)(d) (d) Passes an examination conducted by the department under s. 458.10 to determine fitness to perform an appraisal of real estate described in the rules promulgated under s. 458.03 (1) (e).
458.08(3)(e) (e) Satisfies any other requirements that the department determines, by rule, are necessary to ensure that he or she is qualified to perform an appraisal of real estate described in the rules promulgated under s. 458.03 (1) (e) in a federally related transaction.
458.08(3m) (3m)Licensure of certified appraisers. The department shall grant and issue a certificate of licensure as an appraiser to each certified appraiser at the same time that the department issues the certificate of certification to the certified appraiser under s. 458.06 (3) or (4). A certified appraiser may not be charged a fee for licensure under this subsection. The department may issue an appraiser license under this subsection that is separate from a residential appraiser certificate or general appraiser certificate, or may issue one certificate of licensure and certification.
458.08(4) (4)Reciprocal licensure. Upon application and payment of the fee specified in s. 440.05 (2), the department shall grant and issue a certificate of licensure as an appraiser to any applicant to whom any of the following applies:
458.08(4)(a) (a) The applicant holds a current appraiser certificate in another state or territory of the United States and the department determines that the requirements for obtaining the certificate in the other state or territory are substantially equivalent to the requirements under sub. (3).
458.08(4)(b) (b) The applicant meets the requirements established in a reciprocal agreement under s. 458.12 between the department and the regulatory authority in the state or territory where the applicant holds the certificate.
458.08(5) (5)Transitional licensure.
458.08(5)(a) (a) Upon application and payment of the fee specified in s. 440.05 (1), the department shall grant and issue a transitional certificate of licensure as an appraiser to any individual who satisfies all of the requirements for licensure in sub. (3) (a), (d) and (e), but who satisfies only the experience or only the educational requirements in sub. (3) (c). Except as provided in par. (b), a transitional certificate granted under this paragraph is valid for 2 years from the date on which the transitional certificate is issued or until January 1, 1996, whichever occurs first, and may not be renewed.
458.08(5)(b) (b) If the department grants and issues a transitional certificate of licensure under par. (a) to an individual who holds a certificate of licensure that was granted and issued under s. 458.08 (3) (b) 2. or (c) 2., 1991 stats., the transitional certificate is valid for 2 years less the period during which the individual held the certificate of licensure under s. 458.08 (3) (b) 2. or (c) 2., 1991 stats., or until January 1, 1996, whichever occurs first.
458.08 History History: 1991 a. 39, 78; 1993 a. 3.
458.08 Cross-reference Cross-reference: See also ch. SPS 85, Wis. adm. code.
458.085 458.085 Appraiser educational, experience and continuing education requirements; rules. The department shall promulgate rules establishing all of the following:
458.085(1) (1)Educational requirements for general and residential appraiser certification and for appraiser licensure under this subchapter.
458.085(2) (2)Experience requirements for general and residential appraiser certification and for appraiser licensure under this subchapter.
458.085(3) (3)Continuing education requirements for renewal of certificates issued under this subchapter.
458.085 History History: 1991 a. 39, 78; 1997 a. 225; 2017 a. 113.
458.085 Cross-reference Cross-reference: See also ch. SPS 85, Wis. adm. code.
458.09 458.09 Applicability of assessor experience and continuing education.
458.09(1)(1)In this section, “assessor" means an individual who assesses or has assessed the value of real estate for property tax purposes for a town, village, city or county or the department of revenue.
458.09(2) (2)If an applicant for a certificate under s. 458.06 (3) or (4) or 458.08 (3) or (5) (a) or for renewal of that certificate under s. 458.11 is an assessor, all of the following apply:
458.09(2)(a) (a) The period of experience required for general appraiser certification under the rules promulgated under s. 458.085 (2) shall be reduced by the period that the applicant has been employed as an assessor of commercial real estate or of both commercial real estate and residential real estate and that the department determines is substantially equivalent to experience as a general appraiser.
458.09(2)(b) (b) The period of experience required for residential appraiser certification or appraiser licensure under the rules promulgated under s. 458.085 (2) shall be reduced by the period that the applicant has been employed as an assessor of residential real estate or commercial real estate and that the department determines is substantially equivalent to experience as a residential appraiser.
458.09(3) (3)The number of hours of attendance at and completion of continuing education programs or courses of study required under the rules promulgated under s. 458.085 (3) shall be reduced by one hour for each hour of attendance at and completion of, within the 2 years immediately preceding the date on which the renewal application is submitted, continuing education programs or courses of study 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 continuing education programs or courses of study for certified general appraisers, certified residential appraisers or licensed appraisers, as appropriate.
458.09 History History: 1991 a. 39 s. 3419d; 1991 a. 78; 1993 a. 3; 1997 a. 225.
458.095 458.095 Temporary use of titles; appraisers certified or licensed in other states. A certificate under this subchapter is not required for an appraiser who holds a current appraiser certificate in another state if all of the following apply:
458.095(1) (1)The appraisal is performed in a federally related transaction.
458.095(2) (2)The appraiser's practice in this state is of a temporary nature, as determined by the department by rule.
458.095(3) (3)The appraiser is registered with the department.
458.095(4) (4)The appraiser meets all other requirements established in rules promulgated by the department for the regulation of temporary appraiser practice.
458.095 History History: 1991 a. 78; 2017 a. 113.
458.10 458.10 Examination.
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2017-18 Wisconsin Statutes updated through 2019 Wis. Act 50 and through all Supreme Court and Controlled Substances Board Orders filed before and in effect on December 6, 2019. Published and certified under s. 35.18. Changes effective after December 6, 2019, are designated by NOTES. (Published 12-6-19)