Board of Real Estate Appraisers

ATTENTION ALL LICENSEES!

David Bunton, President of the Appraisal Foundation, will be speaking at the Montana Real Estate Appraisers full board meeting on June 30^th.  His presentation will begin at 10:00am for about an hour.  Mr. Bunton will discuss a major shift in how experience hours are obtained, the new alternative path to experience.  This would be a very informative presentation to attend, especially for Trainees or anyone intending to get into the appraiser business.  The Board encourages your attendance.

ATTENTION LICENSEES NEW LAW IN EFFECT JULY 1, 2015

The Board of Real Estate Appraisers makes every effort to include on this website all relevant information pertaining to the licensing and regulation of real estate appraisers and appraisal management companies in Montana.

Board meetings are usually held several times a year.
Meeting minutes are posted within 3 days of board approval.

In general, Board meetings are open to the public.
There are certain meetings or parts (Screening Panel and Executive Session), which are closed to the public.

Board members are appointed by the Governor with Senate confirmation. Members serve 3 year terms with a two term limit per member.

Individual Board Members can be contacted by email at dlibsdrea@mt.gov. In your message please specify which board member you would like to contact. 

For additional contact information and information on board member terms, please visit the Governor’s Office link for Board Members and Councils at http://boards.mt.gov/.

Fiscal Year 2008 –2009 Professional and Occupational Licensing Report

All applications are reviewed by the Board at their regularly scheduled board meetings. A COMPLETE application must be received by the Board 15 business days prior to a scheduled board meeting in order to be included on that meeting agenda. “Complete” means a determination by Licensing Staff that the application form is legible and filled out entirely, the fee and accompanying documentation or further requested information has been received, and the QUALIFICATIONS COMPONENT has been met. The qualifications component will include a completed appraisal review prepared by an individual designated by the Board unless the applicant is qualified for a license by reciprocity or is applying for a temporary practice permit or trainee license. Please refer to our website for the board’s meeting dates and reciprocity policy. The schedule of board meetings can be found under the Board Information/Board Meeting tab above.

• Application Fee: All Fees are Non-Refundable:
  $475.00 Application Fee
  $300.00 Upgrading Application Fee
  $40.00 Federal Registry Fee

• General Information: 
  –Illegible and incomplete applications will be returned.
  –Complete and routine applications will be processed within 90 days.
  –Real Estate Appraisers are not permitted to practice in Montana in any manner without an active Montana License at the appropriate level.
  –Please review the Montana laws and rules regarding licensure in Montana.

• License Requirements: 
  Certified General Appraiser
  –Applicant be of good moral character
  –Successfully completed the Appraiser Qualifications Board –endorsed Uniform State Licensed Real Property Appraiser Examination with a passing score of 75 percent or better.
  –Successfully complete a course of study prescribed by the Board as follows:
  –Basic Appraisal principles - 30 hours
  –Basic Appraisal procedures - 30 hours
  –The 15-hour National USPAP course - 15 hours
  –General Appraiser Market Analysis and highest and best use – 30 hours
  –General Appraiser Site Valuation and Cost Approach – 30 hours
  –General Appraiser Sales Comparison Approach – 30 hours
  –General Appraiser Income Approach – 60 hours
  –General Appraiser Report Writing and Case Studies – 30 hours
  –Statistics, Modeling and Finance – 15 hours
  –Appraisal Subject Matter Electives – 30 hours (May include hours over minimum shown above in other modules)
  *Attention! Distance education (online) may only total up to 50 percent of qualifying education requirements for each level of licensure 
  –Total Residential Education Requirements equaling 300 hours AND
  –Must hold a Bachelor’s degree, or higher, from an accredited college or university. The college or university must be a degree-granting institution accredited by the Commission on Colleges, a national or regional accreditation association, or by an accrediting agency that is recognized by the U.S. Secretary of Education.
  –Must have 3,000 hours of appraisal experience obtained over a period of NOT less than 30 months.
  (Hours may be treated as cumulative in order to achieve the necessary 3,000 hours of appraisal experience.) The applicant must have accumulated total of 3,000 hours of appraisal experience of which at least 1,500 hours must be in non-residential appraisal reports with all three approaches to value.

• Exam Information:
  Must have passed the real estate appraisers examination with a score of 75%. 
  *Important! Please do not schedule your examination with Applied Measurement Professionals, Inc. (AMP) until you have received written confirmation from the Board that your qualifying education and experience have been approved, and you are eligible to test.

• Regular Renewal Dates: Feb. 1 - March 31
  Late Renew Online for 45 days until May 15

• Fees: Application or Renewal Fee: $515 /  Renewal Late Fee: $475  / Inactive $265 / Inactive Late $225

• Continuing Education Requirements:
  Upon every other renewal, licensees shall provide evidence to the board of having completed at least 28 hours of instruction in courses or seminars approved by the board, including the 7 hours National USAP update course. Online USPAP courses are NOT approved.

• Other Special License Requirements:
  All information and/or documentation is required at least 45 days in advance of the next scheduled board meeting date. An application will not be reviewed until all materials are received and accepted.

• Out-Of-State Applicants:
  If you hold an Active License in another State ALL requirements apply with the exception of having to provide the Education and Experience logs. If in the application process your application is determined to be nonroutine, you may be asked to submit your preceding 6 (six) months’ Experience Logs.

• A Fingerprint-Background Check is now required for all applicants. Please click on the License Application link for more information.

To apply for the Licensed Appraiser using the online application please click here.

The following outlines general licensing information. For specific information on filing an application, you will need to obtain the license application which includes a detailed listing of the requirements.

• Application Fee: All Fees are Non-Refundable:

• General Information:
  • –Illegible and incomplete applications will be returned.
  • –Complete and routine applications will be process within 90 days.
  • –Real Estate Appraisers are not permitted to practice in Montana in any manner without an active Montana License at the appropriate level.
  • –Please review the Montana laws and rules regarding licensure in Montana.

• License Requirements:
  Licensed Real Estate Appraiser
  –Applicant be of good moral character
  –Successfully completed the Appraiser Qualifications Board –endorsed Uniform State Licensed Real Property Appraiser Examination with a passing score of 75 percent or better.
  –Successfully complete a course of study prescribed by the Board as follows:
  –Basic Appraisal principles - 30 hours
  –Basic Appraisal procedures - 30 hours
  –The 15-hour National USPAP course - 15 hours
  –Residential Market Analysis and highest and best use – 15 hours
  –Residential Appraiser Site Valuation and Cost Approach – 15 hours
  –Residential Sales Comparison and Incomes Approaches – 30 hours
  –Residential Report Writing and Case Studies – 15 hours
  *Attention! Distance education (online) may only total up to 50 percent of qualifying education requirements for each level of licensure
  –Total Licensure Education Requirements equaling 150 hours AND
  –Must successfully complete 30 semester hours of college-level education, from an accredited college, junior college, community college, or university. The college or university must be a degree-granting institution accredited by the Commission on Colleges, a regional or national accreditation association, or by an accrediting agency that is recognized by the U.S. Secretary of Education. If an accredited college or university accepts the College-Level Examination Program (CLEP) and examination(s) and issues a transcript for the exam, showing its approval, it will be considered as credit for the college course.
  –Must have 2,000 hours of appraisal experience obtained over a period of NOT less than 18 months.

• Examination Information:
  –Must have passed the real estate appraisers examination with a score of 75%
  *Important! Please do not schedule your examination with Applied Measurement Professionals, Inc. (AMP) until you have received written confirmation from the Board that your qualifying education and experience have been approved, and you are eligible to test.
   
• Renewal Period: Feb. 1 - March 31. Late Renewal Online for 45 days until May 15th.
   
• Fees: Application or Renewal Fee: $515 /  Renewal Late Fee: $475  / Inactive $265 / Inactive Late $225

• Continuing Education Requirements:
  Upon every other renewal, licensees shall provide evidence to the board of having completed at least 28 hours of instruction in courses or seminars approved by the board, including the 7 hours National USPAP update course. Online USPAP courses are NOT approved
   
• Other Special Requirements:
  All information and/or documentation is required at least 45 days in advance of the next scheduled board meeting date. An application will not be reviewed until all materials are received and accepted.
   
• Out-Of-State Applicants:
  If you hold an Active License in another State ALL requirements apply with the exception of having to provide the Education and Experience logs. If in the application process your application is determined to be nonroutine, you may be asked to submit your preceding 6 (six) months’ Experience Logs.

• A Fingerprint-Background Check is now required for all applicants. Please click on the License Application link for more information.

The following outlines general licensing information. For specific information on filing an application, you will need to obtain the license application which includes a detailed listing of the requirements.

• Application Fee: All Fees are Non-Refundable:
  $475.00 Application Fee
  $300.00 Upgrading Application Fee
  $40.00 Federal Registry Fee
   
• General Information:
  –Illegible and incomplete applications will be returned.
  –Complete and routine applications will be processed within 90 days.
  –Real Estate Appraisers are not permitted to practice in Montana in any manner without an active Montana License at the appropriate level.
  –Please review the Montana laws and rules regarding licensure in Montana.
   
• License Requirements:
  Certified Residential Appraiser
  –Applicant be of good moral character
  –Successfully completed the Appraiser Qualifications Board –endorsed Uniform State Licensed Real Property Appraiser Examination with a passing score of 75 percent or better.
  –Successfully complete a course of study prescribed by the Board as follows:
  –Basic Appraisal principles - 30 hours
  –Basic Appraisal procedures - 30 hours
  –The 15-hour National USPAP course - 15 hours
  –Residential Market Analysis and highest and best use – 15 hours
  –Residential Appraiser Site Valuation and Cost Approach – 15 hours
  –Residential Sales Comparison and Incomes Approaches – 30 hours
  –Residential Report Writing and Case Studies – 15 hours
  –Statistics, Modeling and Finance – 15 hours
  –Advanced Residential Application and Case Studies – 15 hours
  –Appraisal Subject Matter Electives – 20 hours (May include hours over minimum shown above in other modules)
  *Attention! Distance education (online) may only total up to 50 percent of qualifying education requirements for each level of licensure
  –Total Residential Education Requirements equaling 200 hours AND
  –Must hold a Bachelor’s degree, or higher, from an accredited college or university. The college or university must be a degree-granting institution accredited by the Commission on Colleges, a national or regional accreditation association, or by an accrediting agency that is recognized by the U.S. Secretary of Education.
  –Must have 2,500 hours of appraisal experience obtained over a period of NOT less than 24 months. (Hours may be treated as cumulative in order to achieve the necessary 2,500 hours of appraisal experience.) The 2,500 hours of appraisal experience must include 2 to 4 unit residential income producing properties.
   
• Exam Information:
  Must have passed the real estate appraisers examination with a score of 75%.
  *Important! Please do not schedule your examination with Applied Measurement Professionals, Inc. (AMP) until you have received written confirmation from the Board that your qualifying education and experience have been approved, and you are eligible to test.
   
• Renewal Period: Feb. 1 - March 31. Late Renewal Online for 45 days until May 15th.
   
• Fees: Application or Renewal Fee: $515 /  Renewal Late Fee: $475  / Inactive $265 / Inactive Late $225

• Continuing Education Requirements:
  Upon every other renewal, licensees shall provide evidence to the board of having completed at least 28 hours of instruction in courses or seminars approved by the board, including the 7 hours National USAP update course. Online USPAP courses are NOT approved.
   
• Other Special License Requirements:
  All information and/or documentation is required at least 45 days in advance of the next scheduled board meeting date. An application will not be reviewed until all materials are received and approved.


• Out-Of-State Applicants:
  If you hold an Active License in another State ALL requirements apply with the exception of having to provide the Education and Experience logs. If in the application process your application is determined to be nonroutine, you may be asked to submit your preceding 6 (six) months’ Experience Logs.

• A Fingerprint-Background Check is now required for all applicants. Please click on the License Application link for more information.

The following outlines general information. For specific information on filing an application, you will need to obtain the application which includes a detailed listing of the requirements.

A. Application Requirements:
Shall make application on forms approved by the board and submit two appraisal reports prepared in accordance with USPAP standards. 
Must have a minimum of three years licensed as a Certified Residential or Certified General Appraiser.
Must certify to agree to provide on-going supervision of all licensed trainees.
May not have more than 3 licensed trainees under their supervision at any time.
Must inspect the first 50 properties with each trainee under the mentor's supervision.
A mentor shall complete a course that, at a minimum, complies with the specifications for course content established by the AQB. The course will be oriented toward the requirements and responsibilities of mentors and trainees and must be completed by the mentor prior to the mentor's supervision of a trainee. Approved courses are listed on the Education tab.

The following outlines general licensing information. For specific information on filing an application, you will need to obtain the license application which includes a detailed listing of the requirements. To verify if someone is an Approved Mentor, please call (406) 444-5711 or email unitb@mt.gov

Application Fee: All Fees are Non-Refundable: $400.00 Original Trainee License

24.207.517 TRAINEE REQUIREMENTS

The core curriculum for trainee licensure is:
(a) basic appraisal principles 30 hours
(b) basic appraisal procedures 30 hours
(c) the 15-hour national USPAP course 15 hours (classroom setting)
(d) Supervisor-Trainee Course 4 hours (online or in a classroom setting)

*Attention! Distance education (online) may only total up to 50 percent of qualifying education requirements for each level of licensure

If you have already obtained your Trainee license, congratulations! Please click here.

Useful Links:

Administrative Rules of Montana

Experience and Education Log

Appraisal Foundation

Appraisal Subcommittee

Fannie Mae

Freddie Mac

Housing and Urban Development (HUD)

Applied Measurement Professionals, Inc

A Fingerprint-Background Check is now required for all applicants. Please click on the License Application link for more information.

(*Important!  Please do not schedule your examination with Applied Measurement Professionals, Inc. (AMP) until you have received written confirmation from the Board that your qualifying education and experience have been approved, and you are eligible to test.)

UPCOMING CHANGES TO REAL PROPERTY APPRAISER QUALIFICATIONS

On December 9, 2011, the Appraiser Qualifications Board of The Appraisal Foundation adopted changes to the Real Property Appraiser Qualification Criteria that will become effective January 1, 2015. These changes represent minimum national requirements that each state must implement no later than January 1, 2015.

The following outlines general licensing information. For specific information on filing an application, you will need to obtain the license application which includes a detailed listing of the requirements.

A. Application Fee: All Fees are Non-Refundable $250.00 Application Fee

B. Renewal Period:
Temporary registration may be awarded for a 6-month period and renewed one time within the 12-month period following the original date on which the temporary registration was issued. If you anticipate having ongoing assignments in the State of Montana you will need to make application for a permanent license.

C. Other Special Requirements:
An original letter of good standing or license history from your domicile state. A copy of the contract for the assignment. Consent to service form completed.

If you hold an active license in another state, you may apply for and be issued a license to practice in Montana without examination, providing that the board determines:

1. your state's license standards at the time of application to this state are substantially equivalent to or greater than the standards in this state; 
2. your license is in good standing; and
3. there is no reason to deny the license under the laws of this state governing the real estate appraisers profession or occupation.

Please click here for Reciprocity Application Instructions

If in the application process it has been determined that you do not meet any of the requirements listed above, you may be asked to submit your preceding 6 (six) months’ Experience Logs. (Board approved logs are attached with the application).

An application will not be reviewed by the Board until all materials are received and accepted.

All of the Statutes and Rules listed here are applicable to this board.

Statutes are laws passed by the Legislature. All changes in statutes must go through the legislative process and be passed into law before they become effective. Title 37, Chapter 1, Part 3 is the Uniform Regulatory Act passed by the Legislature in 1995. All professional and occupational licensing is covered in these statutes.

Administrative Rules pertaining to real estate appraisers are written and adopted by the Real Estate Appraisers Board. The Board writes rules in order to administer the laws over which the Legislature has given the Board authority. Rules can be changed by going through the rule-making procedure. They do not go through the Legislative process. The Real Estate Appraisers Board continuously reviews rules to determine needed changes.

The Administrative Rules of Montana (ARM) at this site contain what should be the same text as the official version published by the Office of the Secretary of State. There is a possibility, however, that the content may vary from the official version. In addition, the format has been changed for viewing on this web site. A copy of the official ARM in official format can be obtained from the ARM Bureau of the Office of the Secretary of State, by calling (406) 444-2055. A web version of the ARM published by the Secretary of State can be viewed at Secretary of State's Administrative Rules of Montana.

Common Myths About the Home Buying Process

A Quick Guide for Borrowers

• Chapter 207 - Board of Real Estate Appraisers

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• Chapter 24 - Labor and Industry

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• Chapter 101 - Business Standards Division

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• Title 2 Chapter 15 Part 17 - Board of Real Estate Appraisers
• Title 37 Chapter 54 - Real Estate Appraisers

The mission of the Montana Board of Real Estate Appraisers...

In order to meet its mission, the Board is charged with taking appropriate action for unprofessional, incompetent, or unlawful practice. You can learn more about the complaint process or file a complaint with the Board here.

Complaints Contact

Eleanor Webster, Compliance Specialist
Telephone: (406) 841-2386

E-mail: dlibsdcomplaints@mt.gov

Complaint Form

Complaint Process

The Department is charged with regulating professions and occupations for the protection of the public as a whole. Although the Department does not represent individuals filing complaints, the Department will review complaints in a timely manner to ensure a complaint is processed and that the Board will take appropriate action.

The length of time for resolution of a complaint is impossible to estimate due to the various complexities presented in individual complaints.

The following types of complaints may be filed:

• Unprofessional conduct by a licensee;
• Unprofessional conduct by a license applicant;
• Unlicensed practice of the profession or occupation.

If an individual is unsure of what constitutes unprofessional conduct and needs a description of the various types, reference to Montana statutes and rules will provide an answer. These are found at your local public library or at the appropriate board site on this web page.

Drop Off or Mail to:
"Name of the Board or Program the complaint pertains to"
Business Standards Division
301 South Park, 4th Floor
PO Box 200514
Helena, MT 59620-0514

This process is used for the Boards that are administered in the Business Standards Division. The various Programs administered in the Division use a similar process.

Important: When filing or responding to a complaint, be as thorough as possible. You may attach additional documents to the complaint form to ensure that all pertinent information has been included. The Screening Panel meeting is NOT a hearing, but is a time for the panel to consider the complaint and response. Attendance is your choice. If you attend the panel may ask additional questions. Please notify this office prior to the meeting if you plan to attend.

After a complaint has been filed against a licensed individual the Compliance Office will send a letter of acknowledgment to the person who filed the complaint (Complainant), and a letter requesting a response (with a copy of the complaint) to the licensee against whom the complaint was filed.

The Licensee may submit a written response addressing the complaint to the Compliance Office. The process continues whether or not a response is submitted. The Complainant is not entitled to a copy of the response.

The Compliance Office will notify the Licensee and Complainant regarding the date and time of any meeting during which the case will be discussed.

Complaints remain confidential unless a Notice of Proposed Board Action is issued, which is a public document along with all subsequent legal filings.

Meetings

• Closed Meeting - During a Closed Meeting only the Licensee, the Complainant, and/or attorneys for either can be in attendance. Minutes of Closed Meetings are not public documents.
• Open Meeting - A public meeting which anyone can attend. The minutes of Open meetings are public documents and made available online via the specific Board’s webpage. (Adjudication Panel meetings are usually open.)

Individuals may attend a meeting in person or by telephone. Please notify this office prior to the meeting if you plan to attend the meeting.

Screening Panel

• Screening Panel - A committee comprised of members of the Board. The Screening Panel’s function is to determine the preliminary action(s) to take on a complaint. Possible preliminary actions include dismissal, investigation, or a finding of Reasonable Cause.

The complaint and response (if any) are submitted to the Screening Panel members. The Screening Panel meeting is not a hearing, but rather a committee meeting to review and discuss the complaint and response to determine if disciplinary action is warranted.

Dismissal

If the Screening Panel dismisses a complaint, the complaint can be dismissed with or without prejudice (see definitions below).

• Dismissal With Prejudice - The complaint is dismissed and cannot be considered by the Screening Panel in the future.
• Dismissal Without Prejudice - The complaint is dismissed but may be considered by the Screening Panel in the future if there are ever allegations of a similar nature.

Investigation

Only a member of the Screening Panel can request an investigation of a complaint. If an investigation is requested by the Screening Panel, the case is assigned to an investigator who may request an interview with the Licensee, the Complainant, and/or other individuals. Upon completion of the investigation, a written report is submitted to the Screening Panel, which will then determine if there is Reasonable Cause to proceed with disciplinary action.

Reasonable Cause

• Reasonable Cause - A finding by the Screening Panel that evidence exists that a violation of statutes and rules has occurred which warrants proceeding with disciplinary action.

If Reasonable Cause is found, the Department Counsel issues a Notice of Proposed Board Action (Notice) to the Licensee. Once a Notice is issued, it is public information. A proposed Stipulation may be included with the Notice.

• Notice - A legal document from the Department’s Legal Counsel which sets forth the Department’s factual assertions, the statutes or rules relied upon, and advising the licensee of the right to a hearing.
• Stipulation - A tentative agreement for settlement of the case. A Stipulation is not finalized until approved by the Adjudication Panel.

The Licensee may either sign the Stipulation or contest the proposed action by requesting an administrative Hearing (a legal process before a Hearing Examiner). If the Licensee wishes to request a hearing, written request must be received within twenty (20) days from receipt of the Notice. Failure to either sign a Stipulation or request a hearing within twenty (20) days may result in the issuing of a Final Order of Default against the licensee.

• Default - the licensee’s acceptance of the disciplinary action demonstrated by failing to participate in the process

Adjudication Panel

• Adjudication Panel - A committee comprised of members of the Board who are NOT on the Screening Panel. The Adjudication Panel determines the final outcome of a case.

The Adjudication Panel reviews the record to determine appropriate sanctions. A Final Order is issued by the Adjudication Panel, completing the complaint process.

Complaint Process Flow

Current license status and information regarding disciplinary action(s) against a licensee can be accessed online at: https://ebiz.mt.gov/pol/

Department of Labor & Industry - Business Standards Division

PO Box 200513, Helena, MT 59620-0513

When a complaint or other information is received alleging possible unlicensed practice...

• (If the allegation is not made in the form of a formal written complaint, a complaint form is completed by the Department and a complaint number is assigned.)
• A copy of the complaint and a request for a written response are mailed to the person against whom the complaint was filed (Respondent).
• A written acknowledgment that the complaint has been received is mailed to the person who filed the complaint (Complainant)
• The respondent may submit a letter of response to the complaint. If a written response is not submitted, the complaint process continues without a response.
• The complainant and the respondent are sent written notify cation of the date, time, and location of any meeting at which the complaint will be discussed.

The Board Meeting

• Unlicensed Practice complaints are addressed by the Full Board in executive session (meaning closed to the public). Board meetings are open to the public unless the chairperson determines an individual’s right to privacy outweighs the public’s right to know. If so, that portion of the meeting will be closed to the public (only the respondent, complainant, and legal counsel for each (if any) may be present).
• The complaint and response (if any) are provided to the board members prior to an upcoming board meeting for their review. The board meeting is not a hearing, but rather a meeting at which the information provided is considered and discussed by the board.

DISMISSAL

• If the board dismisses a complaint, the complaint can be dismissed with or without prejudice.
• Dismissal With Prejudice-The complaint is dismissed and cannot be considered in the future.
• Dismissal Without Prejudice-The complaint is dismissed but may be considered by the board in the future if there are ever allegations of a similar nature.

INVESTIGATION

• The board can request an investigator be assigned to gather additional information surrounding the allegations made in the complaint. This may involve interviews with the respondent, the complainant, and possible witnesses.
• After the investigation has been completed, an investigative report is prepared and presented to the board for consideration at a subsequent meeting.
• Following the board’s review of the investigative report, a determination is made to either dismiss the complaint or take action in the form of a Cease and Desist or an Injunction.

CEASE & DESIST / INJUNCTION

• The board may issue a Cease & Desist or seek an Injunction.
• Cease & Desist–A letter from the administrative agency prohibiting a person or business from doing or continuing to do a certain activity.
• Injunction-A writ granted by a court prohibiting a person or business from doing or continuing to do a certain activity.

For more information, contact DLI Business Standards Division at 406-841-2300

THERE ARE TWO TYPES OF LICENSURE VERIFICATION REQUESTS:

1). Licensees for any profession can be verified by using LicenseLookup.mt.gov.
This website provides real-time connectivity to the Business Standards Licensing Database.  There is no charge for this service.

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2). To request an official license verification be sent to another state licensing board, jurisdiction or individual for license confirmation status in the State of Montana. The fee for this is $20.00 per verification requested.

Once the fee and official license verification form are received, the request will be processed and mailed within 5 days.

Candidate Examination Handbook

Approved Qualifying and Continuing Education Courses

Continuing Education Course Application (For Providers)

CE Audit Worksheet

AMC Registration Exemptions

37-54-502. Registration exemptions. (1) The provisions of this chapter do not apply to a person who exclusively employs appraisers on an employer-employee basis for the performance of an appraisal assignment.

(2) An appraisal management company that is a subsidiary owned and controlled by a financial institution that is regulated by a federal financial institution regulatory agency is not required to register with the board but shall comply with all provisions of this chapter, as long as the provisions of this chapter do not conflict with the federal law related to the operation of an appraisal management company in this state.

Appraisal Management Companies 4-17-17

• Title 37 Chapter 54 - Real Estate Appraisers

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• HB188 - AMC Support Letter

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• HB188

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• House Business and Labor Committee Members

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October 1, 2011: Legislation is effective
Provides licensure and regulation of Real Estate Appraisal Management Companies. For updates please visit www.leg.mt.gov

For AMC Rules Information please join our interested parties list by emailing us at

For renewal fee contact office at dlibsdrea@mt.gov

All AMC Expire 10/31 Each Year

AMC Renewal Form

AMC Engagement Reporting Form

Panel Member Amendment Form

Renewal Schedule

Renewal Fees