A G E N D A
PUBLIC SESSION
NEW JERSEY BOARD OF REAL ESTATE APPRAISERS
JUNE 10, 2008

I. CALL TO ORDER

II OPEN PUBLIC MEETING ACT

III. APPROVAL OF MINUTES OF MAY 13, 2008

IV. DIRECTOR’S REPORT

ANNOUNCEMENTS

*** There were four Investigative Inquiries scheduled for this meeting and we have had one cancellation.

*** Election of Officers for the 2008-2009 Session will take place at the July Board Meeting

*** Patti Schiripo, Regulatory Analyst will be meeting with the Board over Lunch to discuss Amendments to our Regulations as a result of the Appraisal Subcommittee Review in January....as discussed at the last Meeting — please note the "Draft" of amendments, which are attached

V EDUCATION COMMITTEE — Mr. Kirk for the Board

PROVIDER COURSE HOURS
Appraisal Institute 1. Apartment Appraisal: Concepts & Applications

2. General Market Analysis & Highest & Best Use

3. Advanced Income Capitalization

4. Advanced Sales comparison & Cost Approaches

5. Report Writing & Valuation Analysis

6. Advanced Applications

7. Sales comparison Valuation of Small Mixed-Use Properties

8. Online Residential Market Analysis & Highest and Best Use

9 Introduction to FHA Appraising

10 Appraising Historic Preservation
Renewal Course 11 Online 15 Hr USPAP code 5430

12 Condominiums, Co-ops & Puds code 5550		 16 Hours CE
30 Hours CE
40 Hours CE
40 Hours CE
40 Hours CE
40 Hours CE
16 Hours CE
15 Hours CE
7 Hours CE
20 Hours CE

15 Hours CE

7 Hours CE
Central NJ Chapter Appraisal Inst "Got Market Analysis" 2 Hours CE
Southern NJ Chpt Appraisal Inst. Residential Trends in the New Homes 2 Hours CE
Manfred Real Estate Learning Center 2008-2009 National USPAP 7 Hours CE
McKissock 1. The Art of the Addenda
2. Introduction to Green building for Real Estate Appraisers
3. 2008-2009 National USPAP 		4 Hours CE
2 Hours CE
15 Hours CE

VI THE APPRAISAL FOUNDATION

*** Release from the "Foundation" re: The Appraisal Foundation Requests Comments on USPAP and USPAP Education — deadline was May 30, 2008 ---- a copy of this release was mailed to all Board Members on May 15, 2008 ---- see copy attached.

VII APPRAISAL INSTITUTE

*** Appraiser News Online Vol.9, May 15, 2008 — see copy attached

VIII LEGISLATION

*** S1805 — Permits removal of State board, commission or independent authority member for failure to attend three consecutive meetings thereof without good cause ---- see copy attached.

*** S1815 — Requires legal action against certain licensed persons to be brought within two years — see copy attached

*** A2735 — Prohibits employment and licensing background checks to go back further than seven years under certain circumstances — see copy attached

IX OTHER

Articles of Interest

*** Newark Star-Ledger of May 20, 2008 ---- "AG’s Office urged to act faster on beefs against professionals" — see copy attached

*** Newark Star-Ledger of May 21, 2008 — "Trio convicted in real estate appraisal scam" — see copy attached

X PUBLIC ANNOUNCEMENT OF DISCIPLINARY ACTION TAKEN

*** IMO --- ACKLEY O. ELMER, II — Administrative Action — Final Order of Discipline filed 5-13-08— see copy attached.

*** IMO --- MAJADI Hughes — Administrative Action — Provisional Order of Discipline filed 5-14-08 — see copy attached

*** IMO --- SATYOWATTIE S. SINGH — Administrative Action — Final Order of Discipline filed 5-13-08 — see copy attached.

XI PENDING APPLICATIONS

Licensed Residential

Donnelly, Sean-Seg Malgier, Joseph
Panzella, James-Seg Vukicevich, Anne-Seg

Certified Residential

Boland, Rachel-Seg Brounstein, James-Seg
Brown, David-Seg; re-rev. Carlin, Katarzyna-Seg
Carminio, Hugo-Seg Chiaramonte, Robert-Seg
Costello, Wesley-Seg; re-rev Donnelly, susan-Seg

Herbert, Lawrence-Seg; re-rev. Hoffer, Mendel-Seg
LeComte, David-Seg Librizzi, Charles-Seg
Lovas, Edward-Seg Matera, Dennis-Seg
Persichetti, Joseph-re-rev Santiago, Anthony-Seg; re-rev
Slimm, Jeffrey-seg Taylor, Robert-Seg

Certified General

Cox, Daniel-Seg Coyle, Brian-Seg
Descano, Michael-Seg Duane, Sean-Seg
Horvath, Wayne-Seg; re-rev. Levi, Samuel-Seg

XII PUBLIC COMMENT

XIII ADJOURNMENT

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