Chapter 458

CHAPTER 458

REAL ESTATE APPRAISERS BOARD

SUBCHAPTER I

GENERAL PROVISIONS

458.01   Definitions.

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.

458.06   Certification.

458.08   Licensure.

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.

458.10   Examination.

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.

458.20   Contingent fees.

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.

458.30   Penalties.

SUBCHAPTER III

REAL ESTATE APPRAISAL
MANAGEMENT COMPANIES

458.31   Definitions.

458.32   Prohibited conduct.

458.33   Licensure.

458.34   Exemptions.

458.35   Limitations.

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.

458.39   Record keeping.

458.41   Appraiser independence.

458.42   License number.

458.43   Department review of decisions concerning appraisers.

458.44   Disciplinary proceedings and actions.

458.45   Penalties.

458.46   Rules.

458.48   Nonapplicability.

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.

subch. I of ch. 458 SUBCHAPTER I

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(2) (2) “Appraisal foundation” has the meaning given in 12 USC 3350 (9).

458.01(2m) (2m) “Appraisal management company” has the meaning given in 12 CFR 34.211 (c).