N.D. Admin Code 101-01-01-01 - Organization and history of the board

1. History and functions. The 1991 legislative assembly passed real estate appraiser legislation codified as North Dakota Century Code chapter 43-23.3. This legislation requires the governor to appoint a board identified as the North Dakota real estate appraiser qualifications and ethics board. The board is responsible for licensing and certifying applicants based on specific minimum requirements. The board must specifically define the minimum levels of experience, education, and testing which an applicant must meet prior to being an apprentice, licensed, or certified. The appraiser qualifications board of the appraisal foundation has identified the minimum requirements for apprentices and licensed and certified appraisers needed to meet the requirements of the federal law, and the board adopts those minimums as its requirements. The board must issue permits to qualified apprentices and licensed and certified applicants, maintain a registry of names and addresses of apprenticed, licensed, and certified permittees, discipline permittees when necessary, hold meetings, hearings, and examinations in places and at times as it designates, maintain records of board activities, and adopt rules necessary to comply with federal and state laws.

The 2017 legislative assembly passed appraisal management legislation codified as North Dakota Century Code chapter 43-23.5, giving the board the responsibility to register appraisal management companies.

2. Board membership. The board consists of five members appointed by the governor. One member must represent the public, one member must represent the financial industry, and three members must be qualified real estate appraisers, with at least two appriasers being certified appraisers. One of the appraiser members must be experienced in the appraisal of agricultural property. Board members serve five year terms, with one term expiring each year.

3. Administration - Executive director. The board may contract for services necessary to carry out requirements imposed by state and federal law. This could include administrative affiliation with existing entities or contracting with independent individuals or entities. The executive director must be appointed by the board and is responsible for administering the activities of the board and providing other duties and services as authorized by the board.

4. Inquiries. Inquiries regarding the board may be addressed to the executive director at:

North Dakota Real Estate Appraiser Board

P.O. Box 1336

Bismarck, ND 58502-1336

www.ndappraiserboard.org

Notes

N.D. Admin Code 101-01-01-01

Effective October 1, 1992. Amended by Administrative Rules Supplement 373, July 2019, effective 7/1/2019.

General Authority: NDCC 43-23.3-03

Law Implemented: NDCC 43-23.3-07