458.16 Use of certificate number and title.
(1) Each certified appraiser shall place his or her title, as described in s. 458.055, and certificate number on each appraisal report and each written appraisal agreement used by the certified appraiser in conducting appraisal activities. The title and certificate number shall be placed in a manner specified by the department in the rules promulgated under s. 458.03 (1) (f). The title “Wisconsin certified residential appraiser" or “WI certified residential appraiser" may be used only on an appraisal report or written appraisal agreement pertaining to commercial real estate having a transaction value of not more than $250,000 or to residential real estate.
(2) Each licensed appraiser shall place his or her title, as described in s. 458.055, and certificate number on each appraisal report and each written appraisal agreement used by the licensed appraiser in conducting appraisal activities. The title and certificate number shall be placed in a manner specified by the department in the rules promulgated under s. 458.03 (1) (f). The title “Wisconsin licensed appraiser" or “WI licensed appraiser" may be used only on an appraisal report or written appraisal agreement pertaining to real estate described in the rules promulgated under s. 458.03 (1) (e).
History: 1989 a. 340; 1991 a. 39, 78; 1993 a. 3.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 458 - Real estate appraisers board.
458.02 - Limitations and exceptions.
458.03 - General duties and powers of department and board.
458.05 - Rules; review of rules.
458.085 - Appraiser educational, experience and continuing education requirements; rules.
458.09 - Applicability of assessor experience and continuing education.
458.095 - Temporary use of titles; appraisers certified or licensed in other states.
458.11 - Expiration and renewal.
458.12 - Reciprocal agreements.
458.13 - Continuing education requirements.
458.16 - Use of certificate number and title.
458.18 - Maintenance of records.
458.19 - Requirements for appraisal reports.
458.21 - Appraisals in federally related transactions; annual registry fee required.
458.22 - Use of title restricted to individual.
458.24 - Code of professional conduct.
458.26 - Disciplinary proceedings and actions.
458.36 - Designated controlling individuals.
458.37 - Appraiser competency.
458.38 - Compensation of appraisers.
458.41 - Appraiser independence.
458.43 - Department review of decisions concerning appraisers.