A PUBLICATION OF THE ARKANSAS APPRAISER LICENSING & CERTIFICATION BOARD
Volume 13, Number 2 Winter Issue December, 2004
Opinion Arkansan Heads National Group
of Value Jim Martin, executive director
By Jim Martin of the Arkansas Appraiser Li-
Executive Director censing and Certification Board
since its creation by the legisla-
Members of the Board’s Edu- ture in 1991, was elected presi-
cation Committee often have dent of the Association of Ap-
voiced concern about and dis- praiser Regulatory Officials
cussed what might be causing (AARO) at its recent annual con-
the dismal pass rate by Arkan- ference in Washington, D.C.
sas applicants sitting for the The Arkansas Board has been
various appraisal exams. active in AARO since 1992.
They also have wondered AARO’s executive committee last
what the candidates’ major defi- year chose Mar tin to become
ciencies were with respect to the vice president to fill a vacancy.
15 measured subjects on the He performed in several key
exams. leadership positions before being
The Board had the raw data elevated for a year to the top post
on hand to provide answers to last month.
these questions, so we set Born in Louisiana’s East Carroll
about to do the necessary re- Parish, Martin received a B.S. de-
search and comparisons. gree in geology from Northeast
visions and serving as legislative
In the most comprehensive Louisiana University in 1959. He
approach we took of the several worked five years in south Louisi-
During Martin’s watch with the
used, we examined the accu- ana oil fields and taught high
appraisal agency, it has been au-
school math for a year before be-
mulative data for each classifi- dited four times by the Federal Fi-
coming involved in construction
cation over a number of years to nancial Institution’s Examination
education with a contractors
arrive at an average pass ratio. Council Appraisal Subcommittee.
trade group in Monroe, La.
Included were data on every in- Each review ended with the con-
Before being hired to head up
dividual who had taken an exam clusion that “Arkansas’ program
Arkansas’ new appraiser regula-
one or more times before pass- functions effectively and in a man-
tor y agency, Mar tin was em-
ing. The results in each cat- ner consistent with Title XI of
ployed 22 years by the Arkansas
egory were: FIRREA of 1989.”
Associated General Contractors,
State License (318 candi- The Sub-committee’s staff often
first as assistant executive direc-
dates) had a composite score has touted the Arkansas Board as
tor and then as manager. While
of 74.97 with a 77% pass rate. one of the top five agencies of its
with this group, his duties ranged
kind in the nation.
from assisting in labor contract
See Opinion, page 4 For 10 of the 13 years since its
negotiations to managing the af-
fairs of the organization’s three di- See Arkansan, Page 2
Page 2 The Appraiser
Board Welcomes Bonnie K. Davis
Publication of the Arkansas Appraiser
Licensing and Certification Board, Room Gov. Mike Huckabee has appointed Bonnie K. Davis, a Sherwood
430, 101 East Capitol Ave., Little Rock, grandmother who expects to receive her masters degree from the Univer-
sity of Arkansas at Little Rock in the spring, to represent consumers on the
Telephone (501) 296-1843
Fax (501) 296-1844
Appraiser Licensing and Certification Board.
E-mail - ALCB@mail.state.ar.us Her term on the Board expires in January 2007.
Website - www.state.ar.us/alcb Davis is married to Air Force
Nikki Bradley . . . . . . . . . . . . . Fayetteville
CMSgt. Glen Davis. By a previous
Michael Clayton . . . . . . . . . . . . . . Camden
marriage, she has three grown
sons—Tommy of Bryant, Shane of
C. Wayne Coats . . . . . . . . . . . . . . Conway
Little Rock, and Clay of the home,
Bonnie Davis . . . . . . . . . . . . . . Sherwood
and two grandchildren.
Richard Gillespie . . . . . . . . . . . Little Rock Born in Little Rock, Davis did not
Scott McKennon . . . . . . . . . . Forrest City have the opportunity to attend college
Fred Rausch . . . . . . . . . . . . . . Fort Smith as a “traditional (right out of high
Virginia Risinger . . . . . . . . . . . . . . . Strong school) student” but has made up for
Thomas Scott . . . . . . . . . . . . . . Little Rock it since. Clay became ill and confined
Richard Stephens . . . . . . . . . . Little Rock to a wheelchair, but he did not let this
stop him from entering college in 1993
All inquiries, including those about copy to study computer science after his
deadlines, should be directed to the above
address and telephone number to: mother agreed to help him.
Jim Martin . . . . . . . . . . . . . . . . . . . Editor She capitalized on the experience
Technical editing by: by obtaining her own degree in liberal
Carol Griffee arts and graduating with him in 1999
Little Rock, Arkansas
SUBSCRIPTION: $10 a year from the University of Arkansas at Bonnie K. Davis
Little Rock. Now she is working on a
“The Appraiser” is seeking timely articles or
comments on practical appraisal subjects masters degree in adult education.
of interest to both residential and nonresi- Davis stays busy. In addition to her studies, she is a volunteer “encour-
dential appraisers from appraisers, lending ager” (mentor/tutor) at a North Little Rock public school, is an education
institutions, and other mortgage lenders.
The articles or letters should be sent to the
counselor for the Community College of the Air Force at LRAFB, is to be-
Board’s office at the above address. come vice president of the Pulaski County Republican Women, and attends
Cornerstone Bible Fellowship Church.
Entered as second class matter:
United States Postal Service
Davis said she expects to take any appraisal industry problems brought
Little Rock, Arkansas 72201 to by consumers to the Board’s attention and work for solutions.
Arkansan, from Page 1 1991, but Arkansas did not elect to Committee and on the Executive
join the national group until late Committee. When he was elected
inception, the Board operated ef- 1992. Martin’s involvement since President-Elect, he served as
ficiently and effectively without hav- has been deep, beginning as an at chair of the Conference Program
ing a full time investigator. The level large alternate member on the Committee, which developed and
of complaints, however, escalated Board of Directors followed by stints promoted two annual education
to the point that a full time investi- on the Budget and Finance Commit- conferences, including the
gator had to be hired. tee, the Planning and Policy Commit- Association’s annual Board of Di-
Martin also cites the Board’s tee, and three times on the Confer- rector and business meetings.
communication efforts with licens- ence Program Committee. He also Martin and his wife of 42 years,
ees as a major accomplishment. served as the President’s appointee the former Barbara Rose, have two
The Board holds an annual continu- to the Executive Committee repre- grown daughters and a son and
ing education seminar for apprais- senting the Board of Directors. five grandchildren. The Martins
ers and it publishes a newsletter After he was recruited to fill the live in Saline County where they
containing information on pertinent vice president vacancy in 2002, are active in Calvary Baptist
and timely issues. Martin automatically served as Church in Benton. He is a deacon
AARO was organized in October chair of the Policy and Planning and director of outreach ministries.
The Appraiser Page 3
A Letter From Chairman HUD Adopts
McKennon — Predatory
In the last newsletter, I brought The AQB since has weakened Lending Rule
to everyone’s attention that a “ma- its stance and has implemented
jor change” in education require- what it calls the “Segmented Sce- Lenders who submit appraisals
ments was coming Jan. 1, 2008. nario.” Your Board supports this to the federal Depar tment of
Given the complexity of these scenario. Housing of Urban Development
changes and the impact they will Under this scenario, the re- (HUD) that do not meet Federal
have on many registered, li- quirements are broken down into Housing Administration (FHA)
censed and certified appraisers three segments or components: standards can now be penalized
in Arkansas, please excuse my Education, Experience, and Ex- for the act.
redundancy as I revisit this topic. amination. An applicant would HUD adopted new rule Aug. 19
These new requirements are just have to meet the criteria in effect that it says is designed to make
36 months away!!!! at the time he or she completes a lenders accountable for the qual-
The education requirements particular component or segment. ity of appraisals performed by the
that will increase are: Any component completed before appraisers the lenders hire. It
✦ State Licensed will rise from 90 Jan. 1, 2008, would satisfy the strengthens HUD’s regulations
hours to 150 hours. current criteria, while any compo- concerning the lenders’ responsi-
✦ Certified Residential will go nent not completed by Jan. 1, bilities when they select apprais-
from 120 hours to 200 hours. 2008, would have to conform to
ers to determine the market value
✦ Certified General will increase the new criteria.
of properties that will be security
from 180 hours to 300 hours. For example: an applicant for a
Your Arkansas board has been Certified General credential com-
for FHA insured mortgages.
quite vocal with the Appraisal pletes all of the current required “The rule will help assure that
Qualifications Board (AQB) about 180 hours of qualifying education home buyers will receive accu-
its proposed implementation of and the required 30 months and rate statements of appraised val-
the rules and regulations and is 3,000 hours of experience in 2007 ues on homes they purchase us-
monitoring closely its interpreta- for a particular classification and ing FHA mortgage insurance,”
tion of the implementation proce- submits proper documentation to said Federal Housing Commis-
dures. the Arkansas Board before Jan. 1, sioner John C. Weicher, Assistant
The initial stance the AQB took 2008. He or she will be allowed HUD Secretary for Housing.
was very rigid in that any creden- to take the examination in 2008. Holding lenders accountable
tial (license) issued by a state It is critical, therefore, that if when appraisers they select en-
appraiser regulatory body on or you complete the required educa- gage in fraudulent activities is an-
after Jan. 1, 2008, had to be in tion between now and the end of other step this Administration is
compliance will all components of 2007 that you notify the Arkansas taking to protect home buyers,
the new AQB criteria. The AQB Board and provide the proper particularly minorities, from un-
calls this the “Firm Date Sce- documentation of your education scrupulous predatory lending
nario.” hours BEFORE DECEMBER 31, practices,” Weicher continued.
Under this scenario, it would 2007! Failure to do this will result Predatory lending occurs when
not matter when an applicant com- in your having to meet the en- home purchasers become unwit-
pleted his or her education, expe- hanced education criteria going ting victims of lenders, sellers
rience, and examination; if the li- into 2008. and appraisers, often working to-
cense was issued on or after Jan. If you have any questions gether. The unsuspecting home
1, 2008, the applicant must meet about these issues/changes, buyers either purchase homes
the requirements for all compo- please call our office.
with sales prices far in excess of
nents of the new criteria. For ob- In closing, the Arkansas Ap-
the fair market value, or are over-
vious reasons, your Board was praiser Licensing and Certifica-
adamantly opposed to this imple- tion Board wishes each and ev-
charged substantially with costs
mentation procedure and said so eryone Happy Holidays and a associated with obtaining a mort-
to the AQB. prosperous 2005. gage.
Page 4 The Appraiser
Opinion, from Page 1 viduals in this three year cycle Certified Residential - 60%; and
who were taking an exam for the Certified General - 44%. These
Certified Residential (322 candi- second (or more) time and found numbers include all “repeaters,”
dates) had a composite score of that State License candidates and it should be noted that some
76.36 and a 66% pass rate. Cer- passed on retesting at a 6% rate; other PES states do not offer mul-
tified General (72 candidates) Certified Residential were at 7%, tiple opportunities to retake exams.
had a composite score of 73.22 and Certified General had a 28% We looked as well at the test
and a 39% pass rate. rate. A composite of those retested scores for the 15 content areas in
Another approach was to de- in the three classifications yielded which candidates were making the
termine how well the firsttimers 49 tested with only 6 passing for an lowest scores and ranked the top
scored on the respective exams. across-the-board 12% pass rate. five for each classification. (A
To do this, we analyzed the avail- We analyzed as well all the score of 75 is considered passing.)
able data from a three year period candidates tested by states that This is what we found: State
reflecting six exam cycles. These have PERS contracts. This pro- License (318 candidates), the
results also were enlightening. duced: State License - 1,303 average score was 62 on the
They were: candidates and a pass rate of Income Approach subject, mak-
State License - 39 candidates 77%; Certified Residential - ing it rank first; #2 was Sales
passed, producing an 87 % pass 1,235 candidates with a 60% Comparison Approach at 65.60;
rate; Certified Residential - 37 pass rate, and Certified General #3 Legal Considerations at
candidates, or a 78.4% pass rate; - 1,300 candidates and a 39% 6 5 . 6 6 ; # 4 Ty p e s o f Va l u e a t
Certified General - 15 candi- pass rate. 66.48; #5 Site Value Analysis,
dates passed for a 60% success Scores of Arkansas candidates 67.48. Two other exam areas
rate. were slightly lower than these aver- that were below passing were
We also analyzed those indi- ages, i.e., State License - 68%; Uniform Standards at 67.71 and
Influences on Value at 74.97.
Also, Certified Residential
(322 candidates) #1 Influence on
Education Offerings Values, 59.75; #2 Income Ap-
proach, 61.80; #3 Site Value,
66.71; #4 Real Estate Markets,
AR Chapter of The Appraisal Institute - Contact Jennifer Coleman at 68.36; #5 Highest and Best Use,
(501) 227-5781. All classes will be held in Little Rock. 74.18.
Certified General (72 candi-
dates) #1 Influences on Value,
The Columbia Institute - Call 1-800-460-3147 for information. 40.28; #2 Valuation, 49.07; #3
Market Analysis, 62.63; #4 Cost
Delta Seminars - Contact Mickey Lee at (870) 731-8008 for course Approach; #5 Sales Comparison
schedules. Approach 64.35.
The composite scores revealed
Lifetime Learning - Contact Dennis McElroy at (417) 887-2221. three other subject matters scor-
All classes are held in Springfield, Mo. ing below passing. They were In-
come Approach, 71.18; Site
The Lincoln Graduate Center - Call 1-800-531-5333 for information. Value, 72.92; and Legal Consider-
McKissock Appraisal School - Call 1-800-328-2008. The Board hopes this informa-
tion is helpful to education provid-
ers who may wish to reallocate
National Association of Independent Fee Appraisers -
the time they give to different sub-
Call 1-800-335-1751 for information. ject matters. It also should help
appraisal candidates by showing
RCI Career Enhancements - Call David Reinold (479) 968-7752. them where they need to focus
their attention as they prepare for
The Appraiser Page 5
Board Reaches Out-of-Court Agreement
The Arkansas Appraiser Licens- edges that it supports the enact- ment agreement during a special
ing and Certification Board; its di- ment of legislation to establish a conference call meeting Oct. 5, af-
rector, Jim Martin, and its investi- statute of limitations period for ter which a motion for dismissal of
gator, Mary Lou Brainerd, have complaints. The Board hereby the lawsuit was submitted to and
agreed to a settlement with the Ar- acknowledges that it is in sup- signed by Pulaski County Circuit
kansas Appraisal Foundation, Inc.; port of a five year statute of limi- Court Judge Willard Proctor Jr.
the Affiliated Real Estate Apprais- tations, but it would not oppose The settlement brings finality to the
ers of Arkansas; and Tom M. Ferstl. legislation limited to establishing litigation and will result in an im-
The Foundation, AREAA, and a three-year statute of limitations proved procedure for processing
Ferstl sued the Board, Martin, and period. complaints filed against appraisers
Brainerd after the Board received The settlement was tentatively by members of the public. Any per-
complaints against AREAA and reached after a meeting that in- son who has a suggested rule or pro-
Ferstl. The complaints were dis- cluded the Board. Mr. Martin. Mrs. cedure may submit such a proposal
missed on April 2, 2004, by the Brainerd, Mike Pearce on behalf of to the Board at any time. The Board
Board due to lack of jurisdiction. the Foundation, Mr. Ferstl, and at- requests that the proposed rule or
The agreement is a compromise torneys for the various parties. suggested language be submitted in
and settlement of disputed claims, The Board approved the settle- writing for its consideration.
and is not to be construed as an
admission of liability or wrongdoing.
The lawsuit was settled in order to
bring finality to the litigation.
As part of the agreement, the
TIC OF PU EARI
N OTIC E OF PU B L I C H EARI N G
Board agreed to publish the follow- Notice is hereby given pursuant to A.C.A. 25-15-204(a) that the
ing four paragraphs from the settle-
ment agreement: Arkansas Appraiser Licensing and Certification Board will hold a public
1. The Board agrees to adopt an hearing on Tuesday, January 4, 2005, at 1:30 p.m. in the Board’s Con-
administrative rule that an ap-
ference Room at 101 E. Capitol Ave., Suite 430, Little Rock, Arkansas,
praiser is not required to provide
his or her appraisal report and on proposed amendments to its rules on the practice of real estate ap-
complete working file until the praisers.
Board or a panel or committee of
the Board determines that the The amendments to Section 1-D of the current rules and regulations
Board has jurisdiction over the establish a procedure by which a Board Panel will determine jurisdic-
complaint and the complaint al- tion over a complaint in advance of the staff requesting an appraiser’s
leges a violation of the Uniform
Standards of Professional Ap- work file or initiating an investigation. The revised rule requires the
praisal Practice, the Board’s Board staff to respond only to inquiries about specific complaints when
Rules and Regulations, or Ark.
those inquiries are made pursuant to a Freedom of Information request.
Code Ann. S 17-14-101 et seq.
2. The Board agrees to adopt an Interested persons may appear and express their views on the pro-
administrative rule that records posed revisions to the Board’s Rules and Regulations at the public
of ongoing disciplinary proceed-
ings and investigations shall not hearing. Oral statements will be accepted, but for accuracy of record,
be disseminated by the Board or important facts and arguments should be submitted in writing at the
its staff to the public unless a re- hearing or to the Executive Director of the Board before the hearing.
quest has been made pursuant
to the Arkansas Freedom of In- For more information, or to obtain a copy of the proposed revised
formation Act or unless otherwise Rule, write to the Appraiser Licensing and Certification Board at 101
required by law.
E. Capitol Ave., Suite 430, Little Rock, AR 72201 or call (501) 296-
3. The Board agrees to adopt an
administrative rule in compli- 1843. The proposed rule change is available on the Board’s website
ance with Ark. Code Ann. S 25- at www.arkansas.gov/alcb/.
4. The Board hereby acknowl-
Page 6 The Appraiser
To One Seminar
For Next Year Report
At its November meeting, the Ar-
Most Often Seen Mistake Noted
kansas Appraiser Licensing and
By Mary Lou Brainerd
Certification Board decided to re- Board Investigator
turn to its original format by making
its “Day With the Board” seminar in Since the year began, 25 Prob- Information from other state
2005 a one day event in Little able Cause Panels have met to boards indicates that there has
consider 64 cases of complaints been a sharp increase in the num-
Rock, but it will be at a facility that
against Arkansas appraisers. ber of complaints almost every-
will accommodate 400 to 600 par- Their recommendations were pre- where that began in 2002 and car-
ticipants. sented to and ratified by the full ried over into 2004.
This year the Board experi- Board. The heavy workload many ap-
mented with a two session seminar Of the 64 cases, 32 were re- praisers have had during this time
ferred to Non-Judicial Hearings (in- of low interest rates could account
with one held in Springdale and the
formal conferences), 22 were dis- for many of the errors that have led
other in North Little Rock. Although missed, 6 were dismissed with let- to complaints.
both were overwhelming suc- ters of caution issued to the ap- The mistake I see most often is
cesses, the Board decided that the praisers, and 4 (one involving two the failure to identify the USE and
impact on the staff and the agency’s complaints against the same ap- USER of each repor t. There
praiser) were referred to full Board seems to be confusion between the
travel budget plus the extraordinary hearings. terms user and client and between
effort it took to coordinate speakers There have been 26 Non-Judicial use and purpose.
and programs for the two was too Hearings (informal conferences) Standards Rule 2-2 (a) (i); 2-2
great. this year. The hearings were made (b) (i) asks for both the client and
up of 19 panels whose recommen- the intended user(s) to be identified.
The Board is continuing to con-
dations were presented to and rati- Standards Rule 2-2 (a)
sider the possibility of holding two fied by the full Board. Sixteen of (ii); 2-2 (b) (ii) and 2-2 ( c )(ii) ask
seminar sessions on an every these cases ended in consent for the intended use to be identified.
other year basis. agreements, 6 were dismissed, and Standards Rule 2-2 (a) (v); 2-2 (b)
Any organization of appraisers 4 were dismissed with letters of (v) and 2-2 ( c )(v) discusses the
caution. requirement for the purpose to be
wanting to coordinate a similar
Each panel is made up of at identified. The purpose has more to
seminar using Board members least two Board members — usu- do with the type of value being
and/or the staff’s participation has ally the same members who sought, and the use has more to do
a commitment from the Board that served on the Probable Cause with the understanding you have
it will be involved. However, con- Panel if the case was referred for with the client about the actual rea-
Non-Judicial Hearing. son the report is being prepared.
tinuing education credit for those Through Nov. 18, 59 written All of this information leads to your
participating in such seminars must complaints had been received by scope of work.
be considered and/ or preapproved the Board office this year. This is Any time you have a question
by the Board before the organiza- up slightly from the same time pe- about an assignment, pick up the
riod last year. phone and call me.
tion starts promoting the event.
The Appraiser Page 7
ASB Provides Questions and Answers
(Editor’s Note: The Appraisal Stan-
dards Board ((ASB)) does not establish my supervisory appraiser check the to redact all confidential information
new standards or interpret existing box indicating he “Did Inspect” the from the report before providing it as
ones. The ASB issues these ques-
tions and answers to inform apprais- interior of the property? a sample. As stated in the Comment
ers, regulators, and users of appraisal in the USPAP Ethics Rule, When all
services of its responses to questions RESPONSE: No. It would be
that have been raised; to illustrate the
confidential elements of confidential
misleading for an appraiser to indicate
applicability of the Uniform Standards of information are removed through
Professional Appraisal Practice that a physical inspection was
redaction or the process of
((USPAP)) in specific situations; and performed when, in fact, the appraiser
to offer advice for the resolution of ap- aggregation, client authorization is not
praisal issues and problems.) only viewed photographs of the
required for the disclosure of the
property. To do this would violate
remaining information, as modified.
QUESTION: The Management USPAP’s prohibition against the
section of the USPAP Ethics Rule communication of a misleading or QUESTION: My client, a federally
requires an appraiser to disclose, fraudulent report (Conduct section of insured financial institution, has asked
…”fees, commissions, or things of the Ethics Rule). me to provide a “value in use”
value” paid in connection with the appraisal instead of a market value
QUESTION: I’ve been looking for
procurement of an assignment. If a appraisal. May I do this?
new clients and have found that many
referral fee was paid in connection
request sample appraisals for review, RESPONSE: USPAP does not
with the assignment, must the amount
but I’m concerned this would violate dictate the use of any specific type or
of the fee be disclosed or is it sufficient
appraiser-client confidentiality. To definition of value, but they must be
simply to disclose that a fee was paid?
alleviate this problem, I’m considering appropriate for the intended use and
RESPONSE: Disclosing that a including the following disclaimer in the intended users.
payment was made in the appraisal “fine print” of my reports:
For federally related transactions,
certification and in any transmittal letter
“The appraiser reserves the right to federally insured financial institutions
where the conclusions are stated is
utilize this report in its entirety as require an opinion of market value, as
sufficient to meet the requirement. But
sample work for the purpose of defined by regulations. Therefore, if
this is a minimum requirement, and it
soliciting prospective clients unless you provide a value in use, you also
does not prohibit full disclosure of the
written refusal is received from the may have to provide a market value,
client.” depending on the intended use.
QUESTION: I am a licensed trainee
Does USPAP allow me to do this? QUESTION: I just inspected a
with about six months of experience.
property and found an adverse
My supervisory appraiser recently RESPONSE: No. The client, not
condition. I informed my client (a
deemed me competent to do the appraiser, determines who may
bank), and was told not to proceed
inspections on my own; however, receive the appraisal report. Including
because it cannot lend on such
many of our clients require the a statement like you have suggested
property. Under USPAP, am I
supervisory appraiser to inspect the does not constitute client authorization
obligated to inform any other party,
property physically as well. If I do the to distribute copies of the report.
such as the city or county health
inspection my myself but take
One solution is to obtain client department?
numerous representative photos of the
authorization to use each report as a
interior of the subject property, may RESPONSE: No.
work sample. An alternative may be
Page 8 The Appraiser
State Registered STATUS REPORT
As of December, 2004:
Renewals Due Dec. 31 State Certified General ........ 463
State Certified Residential ... 328
Appraisers holding State Registrations are reminded their registration is State Licensed ..................... 136
on a calendar year basis, and they must be renewed with the Board by Dec. State Registered .................. 448
31, 2004. (Includes temporary and
At the time the appraiser is preparing his/her renewal, these two points
should be weighed: NEXT LICENSING,
✦ If the appraiser has been Registered for more than one full year, he or
she is required to submit 14 hours of acceptable continuing education. April 2, 2005
DEADLINE TO APPLY: Feb. 4, 2005
✦ Individuals who became Registered after July 1, 2003, and before June Potential applicants should
30, 2004, are required to have had a 15-hour Uniform Standards course contact the Board’s staff for current
in order to renew. information about application
process, exam schedules, fees,
In addition, State Registered appraisers should note that the Arkansas and other licensing matters by
Appraiser Licensing and Certification Board has increased the annual fee calling (501) 296-1843, or use the
to $100, and it should accompany the statement along with any certificates website at www.state.ar.us/alcb/.
documenting continuing education. Or write to the Appraiser
Licensing and Certification Board,
Statements have been sent to all the registered appraisers containing the 101 E. Capitol Ave., Suite 430,
applicable information about each person’s criteria for renewal. Questions Little Rock, Arkansas 72201.
about the renewal process may be directed to the Board’s office.
LITTLE ROCK, AR
PERMIT NO. 1069
APPRAISER LICENSING & CERTIFICATION BOARD
101 E. Capitol, Suite 430
Little Rock, Arkansas 72201