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34-27A-11.1
Section 34-27A-11.1 Reclassification of licensed real estate appraisers as registered real
property appraisers. Existing appraisers who are licensed as licensed real estate appraisers
(ALs) may reclassify into the registered real property appraiser classification by submitting
a log of 1,000 hours. The board may select three reports for review for compliance with the
Uniform Standards of Professional Appraisal Practice (USPAP). (Acts 1995, No. 95-308, p. 560,
ยง2.)...
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34-27A-9
Section 34-27A-9 Classes of appraisers. (a) There shall be five classes of real estate appraisers
licensed by the board. The classes may be revised or other classes added if necessary to conform
in all respects with the Financial Institutions Reform, Recovery and Enforcement Act of 1989,
Pub.L. No. 101-73 (FIRREA), and any subsequent amendments and regulations issued pursuant
thereto. The board shall make any revisions to the class titles or requirements for licensure
by rules adopted in compliance with the Alabama Administrative Procedure Act, Chapter 22 of
Title 41, and Section 34-27A-5. All persons in all classes licensed by the board are subject
to the Competency Provision of the Uniform Standards of Professional Appraisal Practice. (1)
The "trainee real property appraiser" classification applies to a person whose scope
of practice is the appraisal of those properties which the supervising appraiser is permitted
to appraise. (2) The "state registered real property appraisers"...
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34-27A-3
Section 34-27A-3 License required to do certain acts; unlawful behavior; violations; assistance
with appraisal; evaluations. (a) It shall be unlawful for any person, partnership, or corporation,
for a fee or other valuable consideration, or with the intention or expectation of receiving
or collecting a fee or valuable consideration from another, to do any of the following unless
he or she is licensed under this article: (1) To be employed to perform or to perform an appraisal
as defined in this article where the subject property of the assignment lies within the borders
of the State of Alabama. (2) Present himself or herself, or allow himself or herself to be
presented, as being able to perform an appraisal for which a license is required under this
article. (b) It shall be unlawful for a person, other than a licensed real estate appraiser,
to assume or use that title or any title, designation, or abbreviation likely to create the
impression of licensure as a real estate appraiser by...
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34-27A-2
Section 34-27A-2 Definitions. The following terms as used in this article shall have the following
meanings: (1) APPRAISAL. The act or process of developing an opinion of value of real property;
an opinion of the value of real property; of or pertaining to appraising real property and
related functions such as appraisal practice or appraisal services. (2) APPRAISAL FOUNDATION.
The Appraisal Foundation incorporated as an Illinois not-for-profit corporation on November
30, 1987. (3) APPRAISAL MANAGEMENT COMPANY. An external third party including, but not limited
to, a corporation, partnership, sole proprietorship, subsidiary, or limited liability company,
authorized either by a creditor of a consumer credit transaction secured by the principal
dwelling of a consumer or by an underwriter of or other principal in the secondary mortgage
markets, that oversees a network or panel of more than four certified or licensed appraisers
in a state or 25 or more nationally in a given year, that...
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34-27A-19
Section 34-27A-19 Continuing education requirements; regulations; requirement for reinstatement.
(a) As a prerequisite to renewal of a license to appraise real estate, the licensed real estate
appraiser, licensed for any classification under this article, shall present evidence satisfactory
to the board of having met the continuing education requirements of this article. (b) The
board shall set, by administrative rule, the continuing education requirements for renewal
of licenses for all classifications of real estate appraisers as required by or when necessary
to fully comply with the provisions of the Financial Institutions Reform, Recovery and Enforcement
Act of 1989, Pub. L. No. 101-73 (FIRREA), and any subsequent amendments and regulations issued
pursuant thereto. (c) In lieu of meeting the requirements of subsection (b) an applicant for
renewal may satisfy all or part of the requirements by presenting evidence of either of the
following: (1) Completion of an educational program...
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34-27A-5
Section 34-27A-5 Rulemaking authority; powers and duties of board; immunity from suit. (a)
The board shall act by a majority vote of its members to adopt administrative rules necessary,
from time to time, to carry out this article. Rules of the board shall be adopted in compliance
with the Alabama Administrative Procedure Act, Chapter 22 of Title 41. (b) The board shall
have the following powers and duties: (1) To receive and process applications for licensure
for all classifications of real estate appraisers, including, but not limited to, "trainee
real property appraiser," "state registered real property appraiser," "licensed
real property appraiser," "certified residential real property appraiser,"
and "certified general real property appraiser" and any subsequent classifications
necessary to conform with the Financial Institutions Reform, Recovery and Enforcement Act
of 1989, Pub. L. No. 101-73, and any subsequent regulations issued pursuant thereto. (2) To
establish the...
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34-27A-7
Section 34-27A-7 Application for licensure and examination; fees; pledge; conditions. (a) Applications
for original license, renewal license, and examinations shall be made in writing to the board
on forms approved by the board. (b) Appropriate fees, as fixed by the board pursuant to Section
34-27A-6, shall accompany all applications for original license, renewal license, and examination.
(c) At the time of filing an application for license for any real property appraiser classification,
each applicant shall sign a pledge to comply with the standards set forth in this article
and state that he or she understands the types of misconduct for which disciplinary proceedings
may be initiated against a licensed real property appraiser, as set forth in this article.
(d) A license for any real estate appraiser classification shall be issued only to, and held
only by a person who meets all of the requirements of the following subdivisions (1) through
(7) below and either subdivision (8) or (9)...
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34-27A-11
Section 34-27A-11 Education and experience requirements for licensure. (a) Certified general
real property appraiser classification. As a prerequisite to taking the examination for licensure
as a certified general real property appraiser, an applicant shall present evidence satisfactory
to the board that he or she has successfully completed not less than 165 classroom hours of
courses in subjects related to real estate appraisal from a nationally recognized appraisal
organization or college or university approved by the board, plus 15 classroom hours related
to the uniform standards of professional appraisal practice and this article and has 30 months'
experience during the last five years as an appraiser with a minimum of 300 points of appraisal
experience. If requested, experience documentation in the form of reports or file memoranda
shall be available to support the experience claim. (b) Certified residential real property
appraiser classification. As a prerequisite to taking the...
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40-8-1
Section 40-8-1 Classification of property; assessment rate. (a) On and after October 1, 1978,
with respect to ad valorem taxes levied by the state, and, unless otherwise provided, with
respect to ad valorem taxes levied by a county, municipality, or other taxing authority other
than the state, all taxable property shall be divided into the following classes and no other
and shall be assessed for ad valorem tax purposes at the following ratios of assessed value
to the fair and reasonable market value of such property, or, as may be provided by law, to
the current use value of such property: CLASS I. All property of utilities used in the business
of such utilities, 30 percent. CLASS II. All property not otherwise classified, 20 percent.
CLASS III. All agricultural, forest, and residential property, and historic buildings and
sites, 10 percent. CLASS IV. All private passenger automobiles and motor trucks of the type
commonly known as "pickups" or "pickup trucks" owned and operated by an...
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35-8A-209
Section 35-8A-209 Plats and plans. (a) A clear and legible plat of the condominium property
and plans, if required under subsection (d), shall be recorded in the office of the judge
of probate in every county in which any portion of the condominium is located and shall contain
a certification that the plat and plans, if any contain all information required by this section.
If the plat contains all of the information described in subsections (b), (c), (d), and (g),
plans are not required. The recorded plan and plans are part of the declaration. (b) Each
plat must show: (1) The name of the condominium and a survey of the real property included
in the condominium; (2) The location and dimensions of all existing improvements located on
the condominium property; (3) The location and dimensions of any real estate subject to development
rights reserved over any part of the condominium property, labeled to identify the rights
applicable to each identified portion, but the plat need not...
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