CHAPTER 458
REAL ESTATE APPRAISERS BOARD
SUBCHAPTER I
GENERAL PROVISIONS
458.02 Limitations and exceptions.
458.03 General duties and powers of department and board.
458.04 Advisory committee.
458.05 Rules; review of rules.
SUBCHAPTER II
REAL ESTATE APPRAISERS
458.055 Prohibited conduct.
458.085 Appraiser educational, experience and continuing education requirements; rules.
458.09 Applicability of assessor experience and continuing education.
458.095 Temporary use of titles; appraisers certified or licensed in other states.
458.105 Certificate number.
458.11 Expiration and renewal.
458.12 Reciprocal agreements.
458.13 Continuing education requirements.
458.16 Use of certificate number and title.
458.18 Maintenance of records.
458.19 Requirements for appraisal reports.
458.21 Appraisals in federally related transactions; annual registry fee required.
458.22 Use of title restricted to individual.
458.24 Code of professional conduct.
458.26 Disciplinary proceedings and actions.
SUBCHAPTER III
REAL ESTATE APPRAISAL
MANAGEMENT COMPANIES
458.32 Prohibited conduct.
458.36 Designated controlling individuals.
458.365 Appraisal management services in federally related transactions; annual registry fee required.
458.37 Appraiser competency.
458.38 Compensation of appraisers.
458.41 Appraiser independence.
458.43 Department review of decisions concerning appraisers.
458.44 Disciplinary proceedings and actions.
Ch. 458 Cross-reference
Cross-reference: See definitions in s.
440.01.
Ch. 458 Cross-reference
Cross-reference: See also chs.
SPS 85,
86, and
87, Wis. adm. code.
GENERAL PROVISIONS
458.01
458.01
Definitions. In this chapter:
458.01(1)
(1) “Appraisal" means an analysis, opinion or conclusion relating to the nature, quality, value or utility of specified interests in or aspects of real estate.
458.01(3)
(3) “Appraisal report" means a written communication of an appraisal.
458.01(4)
(4) “Appraiser" means a general appraiser or residential appraiser.
458.01(5)
(5) “Board" means the real estate appraisers board.
458.01(7)
(7) “Certified appraiser" means an appraiser who is certified as a general appraiser or as a residential appraiser under s.
458.06.
458.01(8)
(8) “Certified general appraiser" means an individual who is certified as a general appraiser under s.
458.06.
458.01(9)
(9) “Certified residential appraiser" means an individual who is certified as a residential appraiser under s.
458.06.
458.01(9m)
(9m) “Commercial real estate" means real estate other than residential real estate.
458.01(11)
(11) “General appraiser" means an individual who conducts appraisals of commercial real estate, or of both commercial real estate and residential real estate, without regard to transaction value.
458.01(11m)
(11m) “Licensed appraiser" means an individual who is licensed as an appraiser under s.
458.08.
458.01(12)
(12) “Real estate" means an identified parcel or tract of land and any improvements to the land.
458.01(13)
(13) “Residential appraiser" means an individual who conducts appraisals of residential real estate or of commercial real estate having a transaction value of not more than $250,000.
458.01(14)
(14) “Residential real estate" means real estate that, in the opinion of the appraiser who conducts an appraisal of the real estate, has the highest and best use as a residence of not more than 4 dwelling units.
458.01 Cross-reference
Cross-reference: See definitions in s.
440.01.