8217760, 18-1.002 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 8217760

Notice of Proposed Rule

Department:

BOARD OF TRUSTEES OF THE INTERNAL IMPROVEMENT TRUST FUND

Chapter:

STATE LAND ACQUISITION PROCEDURES (Formerly 16Q-3)

Overview

RULE:

18-1.002	Definitions
18-1.006	Appraisal Procedures, Report Requirements and Determining Maximum Amounts
18-1.007	Appraiser Eligibility and Selection

PURPOSE:

The purpose of this amendment is to make the appropriate changes to the Rule 18-1, F.A.C., reflecting the recent legislative changes to Section 253.025, F.S. Pursuant to Section 253.025(6)(f), F.S., the Board of Trustees shall adopt a rule providing for waiver of sales history in appraisal reports where it is cost prohibitive compared to the value of the parcel. Furthermore, pursuant to Section 253.025(6)(e), F.S., changes to paragraph 18-1.007(5)(b), F.A.C., are proposed for consistency among conservation and non-conservation land acquisitions in regards to the appraisal review requirements based on the value of the parcel. The proposed changes will revise subsection 18-1.002(29), F.A.C., and the Supplemental Appraisal Standards for Board of Trustees Land to update the citation of the Uniform Standards of Professional Appraisal Practice to the version effective January 1, 2010. Finally, the adoption by reference of the Supplemental Appraisal Standards for Board of Trustees Land is moved from subsection 18-1.006(1), F.A.C., to definitions in subsection 18-1.002(27), F.A.C.

SUMMARY:

The rule amendments will do the following: provide appraisal procedures for state lands acquisition.
Rule 18-1.002, F.A.C., is referenced in two rules. The amendments will have no effect in the referencing rule of: Rule 18-21.003, F.A.C. The amendments will update the definition references of Rule 18-1.002, in Rule 18-2.017, F.A.C.
Rule 18-1.007, F.A.C., is also referenced in several rules. The amendments will have no effect in the following referencing rules: Rules 1A-1.007, 62D-5.058 and 62D-5.071, F.A.C.

RULEMAKING AUTHORITY:

253.03, 253.025, 259.041 FS.

LAW:

253.025, 259.041 FS.

PRINT PUBLISH DATE:

2/5/2010 Vol. 36/05

COMMENTS:

From 2/5/2010 To 2/26/2010 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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