61J1-5.001: Appraisal Examination Areas of Competency
PURPOSE AND EFFECT: The purpose and effect is to correct and clarify existing language in the rule pertaining to the Florida Supplemental examination.
SUMMARY: Existing language in the rule pertaining to the Florida Supplemental examination is corrected and clarified.
SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS: No Statement of Estimated Regulatory Cost was prepared. The Board has determined that the proposed rule will not have an impact on small business.
Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.
SPECIFIC AUTHORITY: 455.217, 475.614 FS.
LAW IMPLEMENTED: 455.217, 475.616 FS.
IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN FAW.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Thomas O’Bryant, Jr., Executive Director, Division of Real Estate, 400 West Robinson Street, Hurston Building, North Tower, Suite N801, Orlando, Florida 32801
THE FULL TEXT OF THE PROPOSED RULE IS:
61J1-5.001 Appraisal Examination Areas of Competency.
(1) No change.
(2)(a) The Board adopts the passing score for the national uniform examination as determined by the Appraisal Qualifications Board (AQB) of the Appraisal Ffoundation or any successor body recognized by federal law.
(b) A passing score on the Florida Supplemental laws and rules examination shall be a score of 75% or better. All questions shall be weighed equally and percentages shall be rounded off to whole numbers. In rounding percentages, any percentage which is point five (.5) or above shall be rounded up to the next whole number. Percentages less than point five (.5) shall be dropped. The passing score is valid for 24 months from the date of the examination.
(3) No change.
Specific Authority 455.217, 475.614 FS. Law Implemented 455.217, 475.616 FS. History–New 10-15-91, Formerly 21VV-5.001, Amended 2-16-04, 12-11-07,_________.