SCS/SBs 846 & 847 - After July 1, 1999, no person in this state shall act as a real estate appraiser or to engage in the business of real estate appraisal without obtaining a license or certificate issued by the Missouri Real Estate Appraisers Commission.

No license or certificate shall be issued under the provisions of Chapter 339, RSMo, to a partnership, association, corporation, firm or group.

A nonlicensed or certified person may assist a state- licensed or state-certified appraiser.

Provisions of Chapter 339, RSMo, shall not be construed to require a license or certificate for certain persons as set out in subsection 5 of section 339.501 of this act.

Current law provides for two classes of certified real estate appraisers. These are residential real estate appraiser and general real estate appraiser. This act adds state-licensed real estate appraisers.

The act contains provisions covering license renewal, failure to renew is a specified time and renewal of an expired license.

The act also deletes the thirty hour requirement for continuing education. This requirement will be set by the Appraisal Qualification Board with the approval of the Real Estate Commission.

Various definitions are changed or added to Section 339.503 of this act.

The Real Estate Commission may refuse to issue or renew any certificate or license issued pursuant to sections 339.500 to 339.549 for any cause set out in subsection 2 of section 339.532 of this act.

Violations of the provisions of Sections 339.500 to 339.549 of this act are Class B misdemeanors.

This act is similar to SCS/SB 291 in 1997.
TOM MORTON