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Appraisal Management Company (AMC) Law Updated

Submitted by Christine Anderson on Fri, 2017-07-07 09:41

Governor Abbott Has Signed SB 1516

SB 1516 amends Chapter 1104 to address some recent changes in federal law regarding the regulation of AMCs, to provide consistency in terminology, and to repeal some outdated provisions. The bill also makes some conforming changes to align Chapter 1104 with the amendments made last session to Chapter 1103, the appraiser licensing act administered by the Board.

Appraiser and AMC Fee Survey Results Announced

Submitted by Christine Anderson on Thu, 2017-05-18 16:32

TALCB is pleased to announce the results of the 2017 Appraiser and AMC Fee Survey. TALCB engaged the Hobby School of Public Affairs at the University of Houston and the Real Estate Center at Texas A&M University to conduct a survey to learn more about the practices of appraisers and appraisal management companies (AMCs) that operate in the state of Texas. A total of 1,038 appraisers and 59 appraisal management companies doing business in the state of Texas participated in the survey.

From the Chair of the Board

Submitted by Christine Anderson on Wed, 2017-03-29 12:01

The Board met for its regular quarterly meeting on Thursday, February 9th to elect officers, appoint committees and mentors, propose and adopt rules, and consider disciplinary cases. It was a full agenda as usual and staff did a great job of preparing for the many business items we needed to attend to.

2018-19 USPAP Revisions: What has Changed? Part One

Submitted by Christine Anderson on Thu, 2017-03-23 14:01

In February 2017, the Appraisal Standards Board (ASB) of the Appraisal Foundation adopted revisions to the Uniform Standards of Professional Appraisal Practice (USPAP) for the 2018-19 edition. This process began with the issuance of a Discussion Draft in January 2016 and was followed by three exposure drafts of proposed revisions to USPAP. The changes adopted by the ASB at its meeting on February 3, 2017, will be incorporated in the 2018-19 edition of USPAP and associated guidance materials. These changes will become effective on January 01, 2018.

Appraisal Management Company Survey

The Texas Appraiser Licensing & Certification Board has engaged the Hobby School of Public Affairs at the University of Houston and the Real Estate Center at Texas A&M University to conduct a survey to learn more about the practices of appraisers and appraisal management companies (AMCs) that operate in the state of Texas, including on the topic of fees charged and paid for common appraisal reports.  We invite you to participate.

Fingerprint Requirements

Effective January 1, 2017, any person applying for a license or renewing a license on active or inactive status with TALCB must provide fingerprints for a criminal history check. The fingerprint process is easy and can be done in a few short steps. Once fingerprints are on file for TALCB or TREC, a license holder will not need to submit fingerprints again for any future renewals.

Contact Us

EMAIL: information@talcb.texas.gov
PHONE: 512.936.3001
MAIL: Texas Appraiser Licensing & Certification Board
P.O. Box 12188
Austin, TX 78711-2188
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