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  9:05:50 AM 9/26/2018
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Application for Registering An Appraisal Management Company (FREAB 1)

F.S. 475.611(1)(c) states in part, an Appraisal Management Company must oversee an appraiser panel of more than 15 state-certified or state-licensed appraisers in a state, or 25 or more state-certified or state-licensed appraisers in two or more states. Only appraisal management companies that meet the definition qualify for registration and reporting to the National Registry of the Appraisal Subcommittee. (i) Appraisal Panel - means a network, list, or roster of licensed or certified appraisers approved by an appraisal management company to perform appraisals as independent contractors for the appraisal management company. An appraiser is an independent contractor for purposes of this paragraph if the appraiser is treated as an independent contractor by the appraisal management company for federal income tax purposes. The term appraiser panel includes: 1. Appraisers accepted by the appraisal management company for consideration for future appraisal assignments in covered transactions or secondary mortgage market participants in connection with covered transactions. 2. Appraisers employed by, contracted with, or otherwise retained by the appraisal management company to perform one or more appraisals in covered transactions or for secondary mortgage market participants in connection with covered transactions.

Application Requirements:
 
  • Required to Register: Individuals listed as Authorized Representatives -
    Any person who possesses the authority, directly or indirectly, to direct the management or policies of the appraisal management company, whether through ownership, by contract, or otherwise, including, but not limited to:

    1. All officers and directors, if the appraisal management company is a corporation.

    2. All managers or managing members if the appraisal management company is a limited liability company.

    3. All partners if the appraisal management company is a partnership.

    4. The members if the appraisal management company is a business entity other than those described above.

  • Authorized Representative: If you are an Authorized Representative as defined above, then you will be required to complete the Background Questionnaire and submit electronic fingerprints to determine if you are eligible. A Background Questionnaire and electronic fingerprints are required for each Authorized Representative with the Appraisal Management Company. The application for Appraisal Management Company will not be approved until all background questionnaires and fingerprint results are received and reviewed by the Florida Real Estate Appraisal Board.
  • FINGERPRINTS: An Authorized Representative is required to complete electronic fingerprints. The department has a variety of vendors with multiple locations available. To learn more about fingerprinting, please visit our Fingerprint FAQs. The fee for this service is paid to the approved vendor by the applicant.

  • Fees: Pay the required fee as provided in the application. Military veterans, their spouses and Florida National Guard members may be eligible for a fee waiver, fee reimbursement, and/or fee discount. Please visit our DBPR Military Services page for more information.

  • Register with Secretary of State, Division of Corps: Prior to filing the application for an Appraisal Management Company, the entity has to be registered with the Florida Secretary of State, Division of Corporations to do business in this state. Click here to visit their website. NOTE: Clicking the link will take you away from the Department of Business and Professional Regulation web page. Any questions you may have about the webpage should be directed to the Division of Corporations.
  • Application: The application is only available in paper format at this time. Please go to the bottom of the requirement page and click on Printable Application.
  • Registered Trainees: A Register Trainee Appraiser may not be an Authorized Representative of an Appraisal Management Company. S.475.6221(3), Florida Statutes provides that a supervising certified appraiser may not be employed by a trainee or by a corporation, partnership, firm, or group in which the trainee has a controlling interest. For a complete reading of the statute, please click the section above.
  • Company Owned AMC: If a company owns all or part of the Appraisal Management Company, list the name of the company followed by all authorized representatives of that company in section II of the application.

  • MORE INFORMATION: Learn more about this profession's application requirements (use the back button or arrow to return to this page).

If you have questions or need assistance in completing this application, please call the Customer Contact Center at 850.487.1395 or use our convenient contact form.


Application Currently Unavailable Using Online Services


Apply Using a Printable Application
2601 Blair Stone Road, Tallahassee FL 32399 :: Email: Customer Contact Center :: Customer Contact Center: 850.487.1395