Three new members of the NC Appraisal Board were sworn in at the August 9, 2011 board meeting. It is anticipated that two additional new members will be sworn in at the September 13, 2011. This could mean that by September a majority of the board members (5 of 9) will be newly-appointed. I post this to the blog not as a commentary on the individuals who have rotated off the board after their service or on those who are new to the board and not as any prediction in policy changes, but simply to note the significance of the change.
The NC Appraisers Act calls for the appointing authorities (Governor, Speaker of the House, and President Pro Tempore of the Senate) to make appointments on a schedule so that “members of the Board shall serve three-year terms, so staggered that the terms of three members expire in one year, the terms of three members expire in the next year, and the terms of three members expire in the third year of each three-year period.” However two of the appointments that were to have been made in 2010 were actually made in 2011, giving us the total of 5 new members in a year.
I have been connected to the NC Appraisal Board for over twenty years (licensed as an appraiser on January 1, 1991, on the board staff from 1995 to 2003, and now as an attorney handling appraisal cases and an appraisal instructor since 2003) and I do not recall any one year in which a majority of the board members changed. In addition, one of the new board appointments was made under last year’s change to the statute that requires one of the appointees, “…shall be a person representing either the real estate appraisal management industry or the banking industry.”
Here is the current list of board members that will likely be updated to show all 9 members after the September meeting. You can expect the Appraiser Report, the board’s newsletter, to introduce the new members in the next issue.
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Brian says:
Very interesting. I wonder what changes this will bring about