Legislative Updates

Update on Bill HF737/SF785

Call to Action: ASC North Dakota Waiver Comments

Posted on Jun. 12, 2019  /  0

ASC North Dakota Waiver Comments

The North Star Chapter and AI national need your help in fighting off the latest threat to reduce appraisals in North Dakota.

The Appraisal Subcommittee (ASC) is requesting comments regarding the temporary waiver request for the State of North Dakota.  Public comments are requested and due by July 1, 2019.

The Notice can be viewed at https://www.federalregister.gov/documents/2019/05/30/2019-11282/appraisal-subcommittee-notice-of-received-request-for-a-temporary-waiver.  Comments can be submitted and viewed at https://www.regulations.gov/ by searching for Docket Number AS19-04.

Please go on to the site and provide any relevant comments or feedback relating to residential, commercial, or agricultural appraisals.  Specifically, the ASC is interested in hearing about:

  1. Whether there is a scarcity of certified or licensed appraisers available to perform 1-4 unit, Ag, or commercial appraisals for Federally Related Transactions or FRTs.
  2. Whether there are significant delays in turn times in ND for 1-4 unit, Ag, or commercial appraisals for FRTs.
  3. Factors leading to turn time delays for 1-4 unit, Ag, or commercial appraisals for FRTs.
  4. Scope, terms, duration, conditions, dollar limits on 1-4 unit, Ag, or commercial appraisals if a waiver is granted.

Please provide supporting evidence for each point addressed.

Keep in mind, what’s of most value is any data or personal stories that would illustrate the state of the appraisal market in ND.

Remember, every comment counts.

Please get involved and help AI fight on your behalf.

Thank you,

Byron Miller, SRA, AI-RRS, RAA, MSSE
North Star Chapter Government Relations Committee Chair

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