339.509. Commission, powers and duties. - Missouri Statutes

Commission, powers and duties.

339.509. The commission shall have the following powers and duties:

(1) To establish educational programs and research projects related tothe appraisal of real estate;

(2) To establish administrative procedures for processing applicationsand issuing certificates of state-certified real estate appraisers andlicenses of state-licensed real estate appraisers and for conductingdisciplinary proceedings pursuant to the provisions of sections 339.500 to339.549; and shall have authority to determine who meets the criteria forcertification and licensure, and shall have authority to renew, censure,suspend or revoke certifications and licenses;

(3) To further define by regulation, with respect to each category ofstate-certified real estate appraiser, and for state-licensed real estateappraisers, the type of educational experience, appraisal experience andequivalent experience that will meet the statutory requirements of sections339.500 to 339.549; provided that such standards shall be equivalent to theminimum criteria for certification and licensure issued by the appraiserqualifications board of the appraisal foundation and the provisions of section339.517;

(4) To further define by regulation, with respect to each category ofstate-certified real estate appraiser, and for state-licensed real estateappraisers, the continuing education requirements for the renewal ofcertification and licensure that will meet the statutory requirements providedin section 339.530;

(5) To adopt standards for the development and communication of realestate appraisals and to adopt regulations explaining and interpreting thestandards; provided that such standards shall meet the standards specified bythe appraisal standards board of the appraisal foundation;

(6) To establish an examination for each category of state-certifiedreal estate appraiser, and for state-licensed real estate appraisers, toprovide or procure appropriate examination questions and answers, and toestablish procedures for grading examinations; provided that such standardsfor examinations for certification shall meet the minimum criteria specifiedby the appraiser qualifications board of the appraisal foundation;

(7) To maintain a registry of the names and addresses of state-certifiedreal estate appraisers and state-licensed real estate appraisers; and

(8) To perform such other functions and duties as may be necessary tocarry out the provisions of sections 339.500 to 339.549.

(L. 1990 H.B. 1456 § 6, A.L. 1998 H.B. 1601, et al.)