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ARIZONA ASSOCIATION
OF
REAL ESTATE APPRAISERS

 
AAREA was founded to improve the appraisal profession, the professionalism of appraisers and to support and represent our members.
 
AAREA's ACCOMPLISHMENTS SO FAR:
 
This year AAREA represented its membership when new legislation was proposed by the Arizona Board of Appraisal.

One of the major accomplishments was obtaining a policy statement from the Board that states that investigations done by the Board, whether through staff or contract appraisers, will be Standard 3 Reviews.

This means the investigator/reviewer will have to meet the Competency Rule in investigations

In 2014 AAREA established the PEER REVIEW COMMITTEE which makes it possible for members to consult with qualified appraisers on appraisals they may be working on, that may come before the Board of Appraisal during application for licensure, or that may be subject of a Complaint.

In 2014 AAREA also wrote the APPRAISORS'® CODE OF ETHICS & PROFESSIONAL CONDUCT. Click on the page to the left for more information.

 
AAREA proposed legislation that was signed into law on May 11, 2012:
  • Prohibits "hold harmless" clauses that would put liability for work that was not the appraiser's on the appraiser.
  • Requires the fee paid to the appraiser for AMC ordered appraisals to be put in the Scope of Work Section of the appraisal report. This protects the public because it provides transparency, and keeps the lenders apprised of how the AMC fee is actually distributed.
  • Extends the time for returning military to re-activate their appraisal careers from 30 days to 180 days.
  • Makes USPAP accepted as soon as required by the Appraisal Foundation.
 
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AAREA PEER REVIEW COMMITTEE
 
AAREA recently estabished a "duly authorized peer review committee" so that members could send in appraisals for review without redacting them and be able to discuss them with their peers who are members of the Committee.

This has become very helpful for those members who have Complaints pending at the Board and who need an independent party to look over their work.

It is also used for those tho wish their reports to be reviewed before they to the ABOA Application Review Committee.

 
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APPRAISORS’® CODE OF ETHICS and Professional Conduct
 
AAREA has written an APPRAISORS’® Code of Ethics and Professional Conduct.

A four hour CE course on this code has been approved by the Arizona Board of Appraisal.

Please click on the page at the left to see the entire Code.

 
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The Way Forward
 
AAREA is working for the appraiser with special emphasis on the Arizona appraiser.

We are not funded by lenders or AMCs.

If you are not a member, please join and contribute in giving appraisers a voice.

 
Become A Member.
 
Membership is $25
  • Membership is open to any certified, licensed appraiser, or trainee.
 
Take the AAREA Pledge
 
I pledge to uphold the rules, standards and principles of the Uniform Standards of Professional Appraisal Practice.

I pledge to perform my appraisal assignments with integrity, independence, objectivity, and impartiality.

I pledge to conduct myself as a professional in my interactions with those I meet during the course of business.

I pledge to promote the appraisal profession by word, by my conduct, and by treating other appraisers with respect.

 
Join AAREA - Click here