2011 Missouri Revised Statutes
TITLE XXII OCCUPATIONS AND PROFESSIONS
Chapter 339 Real Estate Agents, Brokers, Appraisers and Escrow Agents
Section 339.509. Commission, powers and duties.


MO Rev Stat § 339.509. What's This?

Commission, powers and duties.

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

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

(2) To establish administrative procedures for processing applications and issuing certificates of state-certified real estate appraisers and licenses of state-licensed real estate appraisers and for conducting disciplinary proceedings pursuant to the provisions of sections 339.500 to 339.549; and shall have authority to determine who meets the criteria for certification 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 of state-certified real estate appraiser, and for state-licensed real estate appraisers, the type of educational experience, appraisal experience and equivalent experience that will meet the statutory requirements of sections 339.500 to 339.549; provided that such standards shall be equivalent to the minimum criteria for certification and licensure issued by the appraiser qualifications board of the appraisal foundation and the provisions of section 339.517;

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

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

(6) To establish an examination for each category of state-certified real estate appraiser, and for state-licensed real estate appraisers, to provide or procure appropriate examination questions and answers, and to establish procedures for grading examinations; provided that such standards for examinations for certification shall meet the minimum criteria specified by the appraiser qualifications board of the appraisal foundation;

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

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

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

Annotation Copyright Missouri Joint Committee on Legislative Research

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