in-20260715-IR-877250816RAA: _________________________
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I. Statement Whether the Subject Matter Covered by the Rule Remains Carried out by the Agency III. Analysis of fees, fines, and civil penalties under IC 4-22-2-19.6 IV. Cost-Benefit, Economic Impact, Fiscal Impact, or Regulatory Burden Statements VIII. Changes in Technology, Economic Conditions, or Other Factors XII. Contact Information of Staff to Answer Substantive Questions IX. Contact Information of Staff to Answer Substantive Questions 1 Pursuant to the regulatory analysis presented in LSA #25-810, approximately 350 appraiser licenses and certifications are processed each year. 2 According to PLA (https://www.in.gov/pla/data/), approximately 2,255 real estate professionals, not including appraisers, are currently licensed under the Commission. 3 The Indiana Association of Realtors claims that between 75,000 and 80,000 existing homes are bought and sold across Indiana each year (or between 150,000 - 160,000 consumer transactions). This does not include new home builds. Consumers build or purchase newly constructed single-family homes at a rate of roughly 20,000 to 23,000 each year. Nearly all of these involve a mortgage origination. 4 As noted above in II.b., approximately 126 AMCs renew their registrations annually, and approximately 10 new registrations are made.
The agency’s own summary, as published.
The rule, in full
328 words as published, July 15, 2026. View the original →
TITLE 877 REAL ESTATE APPRAISER LICENSURE AND CERTIFICATION BOARD Readoption Review LSA Document #25-816 I. Statement Whether the Subject Matter Covered by the Rule Remains Carried out by the Agency II. Rationale for the Continued Need for the Rule III. Analysis of fees, fines, and civil penalties under IC 4-22-2-19.6 IV. Cost-Benefit, Economic Impact, Fiscal Impact, or Regulatory Burden Statements V. Alternative Methods of Achieving the Purpose of the Rule VI. Complaints and Comments VII. Difficulties Encountered VIII. Changes in Technology, Economic Conditions, or Other Factors IX. Other State or Federal Requirements X. Previous Amendments XI. Integration into Indiana Code XII. Contact Information of Staff to Answer Substantive Questions Regulatory Analysis TITLE 877 REAL ESTATE APPRAISER LICENSURE AND CERTIFICATION BOARD LSA Document #25-816 III. Description of Rule Type of Registration Fee Due Registration for appraisal management companies $250 Upon initial registration Renewal of registration for appraisal management companies $250 Upon renewal of registration every 2 years II. Fiscal Impact Analysis III. Impacted Parties IV. Changes in Proposed Rule
V. Benefit Analysis
VI. Cost Analysis VII. Sources of Information VIII. Regulatory Analysis IX. Contact Information of Staff to Answer Substantive Questions _________________________ 1 Pursuant to the regulatory analysis presented in LSA #25-810, approximately 350 appraiser licenses and certifications are processed each year. 2 According to PLA (https://www.in.gov/pla/data/), approximately 2,255 real estate professionals, not including appraisers, are currently licensed under the Commission. 3 The Indiana Association of Realtors claims that between 75,000 and 80,000 existing homes are bought and sold across Indiana each year (or between 150,000 - 160,000 consumer transactions). This does not include new home builds. Consumers build or purchase newly constructed single-family homes at a rate of roughly 20,000 to 23,000 each year. Nearly all of these involve a mortgage origination. 4 As noted above in II.b., approximately 126 AMCs renew their registrations annually, and approximately 10 new registrations are made. Notice of Public Comment Period for Rule Readoption: 20260715-IR-877250816RNA Notice of Determination Received: June 30, 2026
Documents
- Full text (state register) · July 15, 2026
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