The Commission's recently appointed Real Estate Appraisal Committee held its first meeting in the Commission's Raleigh office on October 25 and 26. Commission Chairman Elmer Jenkins, on behalf of the Commission, welcomed the members who then elected Tom J Keith, Fayetteville, as their Chairman and Jack A. Underdown, Elkin, as Vice-Chairman for one-year terms.

After reviewing in detail the recently enacted Federal and State legislation affecting real estate appraisers, the Committee began discussing several of the many issues which they must consider and make recommendations to the Commission, including the content of appraisal courses, standards for evaluating equivalent appraisal education/experience, licensing and certification examinations, and related subjects.

The product of their deliberations and the Commissions actions will be manifest in proposed rules which will be published in future issues of the "Bulletin" and considered by the Commission at a February rulemaking hearing.