Appraisal Institute Pushes to Improve Regulatory Climate: Valuation Magazine
January 30, 2020 10:51 AM
CHICAGO (Jan. 30, 2020) – The Appraisal Institute is pushing to improve the regulatory climate for real estate appraisers and to educate policymakers on the importance of sound appraisal practices, according to an article in Valuation magazine’s fourth quarter 2019 issue.
Valuation magazine is a quarterly publication of the Appraisal Institute, the nation’s largest professional association of real estate appraisers.
“Policy and Process” addresses key topics that are looming large over the valuation profession and whether those issues will garner the attention of Congress and federal agencies in 2020. The article addresses potential legislative or regulatory action on the appraiser licensing process, appraisal threshold increases, temporary waiver requests and the syndicated conservation easement loophole.
The latest issue’s cover story, “Experience and Commitment,” discusses how 2020 President Jefferson L. Sherman, MAI, AI-GRS; President-Elect Rodman Schley, MAI, SRA; Vice President Pledger M. “Jody” Bishop III, MAI, SRA, AI-GRS; and Immediate Past President Stephen S. Wagner, MAI, SRA, AI-GRS, plan to work with CEO Jim Amorin, MAI, SRA, AI-GRS, and the 2020 Appraisal Institute Board of Directors to tackle the challenges and opportunities facing the valuation profession and the organization.
Also in this issue:
“A Cause for Concern” discusses the risks for appraisers who perform assignments in support of federal tax deductions or state tax credits for donated conservation easements, as well as building preservation easements.
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The Appraisal Institute is a global professional association of real estate appraisers, with over 17,000 professionals in almost 50 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Organized in 1932, the Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Individuals of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA, SRA, AI-GRS and AI-RRS designations. Learn more at www.appraisalinstitute.org.