State Field Review Correspondence
Title XI requires the
ASC to "monitor the requirements
established by States for the certification and licensing of individuals who
are qualified to perform appraisals in connection with federally related
transactions, including a code of professional responsibility."
More specifically, the
ASC must monitor State appraiser regulatory agencies to
determine whether its policies, practices, and procedures are consistent with
Title XI.
Towards that end, the
ASC has a two-year cycle for monitoring State appraiser
regulatory programs. In general, each State review consists of an on-site
visit, the preparation of an
ASC staff field review report (which is not
publicly available), and an
ASC field review letter to the State agency
containing the
ASC''s findings, recommendations, and requirements. State
agencies are invited to respond to this letter within sixty days. Field review
letters are not placed on the Web site until the earlier of our receipt of a
State response letter or the end of the sixty-day period.
This page contains a database of all
ASC field review letters and State
response letters since September 1996. You may search this database by using
the search engine below. You may choose to retrieve documents by State and/or
by subject. Simply select your search terms by using the drop-down boxes or by entering a Search Phrase.