BELVIDERE:
Kathy Redeker, 2000-0070-1
- 02/02/01
Consent Order: Indefinite Suspension. Violations: SR
1-1, 1-5(b) of the USPAP.
Respondent violated the Uniform Standards of Professional Appraisal Practice
("USPAP"), by failing to be aware of, understand and correctly
employ those recognized methods and techniques that are necessary to produce
a credible appraisal. Additionally, Respondent failed to properly
research, analyze and report prior sales data of the subject property.
CHICAGO:
Norman Futrell, 2000-0071.
Violations: USPAP Standards Rule 1-1(b), (c) and Standards Rule 2-1(a)
Order: This matter having come
before the Real Estate Appraisal Board of the Office of Banks and Real Estate
of the State of Illinois (OBRE), and the Board having made certain Findings
of Fact, Conclusions of Law and a Recommendation to the Commissioner of
this agency; and the OBRE having complied with all required notices; that
Respondent's acts or omissions constitute violations of USPAP Standards
Rule 1-1(b), (c) and Standards Rule 2-1(a). It is therefore ordered that
the Certification of Registration, License No. 156-001010, heretofore issued
to Norman Futrell to carry on the practice of a Real Estate Appraiser in
the State of Illinois is hereby revoked pursuant to the terms and conditions
contained in the Findings of Fact, Conclusions of Law and Recommendation
to the Commisisoner.
Marilyn Hicks, 2001-00154-1 - 12/05/01
Consent Order: Two-Year Suspension. Violations: 225 ILCS 457/15(a)(b).
Respondent prepared reports after her license as a Certified Residential
Appraiser expired. When subsequently asked to produce her license, she
altered her expired license to falsely reflect that her license was renewed.
Kenneth J. Washington, 1999-0138, 2000-0029 - 04/06/01
Consent Order: Two Year Suspension Violations: SR 1-1,
1-5 of the USPAP
Respondent violated the Uniform Standards of Professional Appraisal Practice
("USPAP"), by failing to be aware of, understand and correctly
employ those recognized methods and techniques that are necessary to produce
a credible appraisal. Specifically, by failing to verify documents
of comparables given to him by a mortgage broker and failing to inspect
the subject property when the report stated that the Respondent did inspect
the subject property; and, by failing to collect, analyze, and reconcile
such comparable sales data.
CREST HILL:
Christopher D. Baldwin, 2000-0013 - 08/29/01
Consent Order: Reprimand and $5,000 fine.
Violations: Respondent violated the Uniform Standards of Professional
Appraisal Practice (USPAP), Standards Rule 1-1, by failing to be aware
of, understand and correctly employ those recognized methods and techniques
that are necessary to produce a credible appraisal. Specifically, the
Respondent supervised and co-signed an appraisal report which utilized
inappropriate comparable properties outside the market area of the subject
property, instead of more appropriate comparable properties located within
the subject's market area. Additionally, Respondent violated SR 2-1 by
supervising and co-signing an appraisal report that failed to enable the
reader to properly understand the report by failing to inform the reader
that the actual ages listed in the market grid were actually the effective
ages of the comparables which were obtained from the MLS.
Respondent violated Standards Rule 1-1, by failing to be aware of, understand
and correctly employ those recognized methods and techniques that are
necessary to produce a credible appraisal regarding a mixed use property.
Specifically, the Respondent failed to report and site data other than
the property is rectangular; failed to report total square footage or
square footage of various units; failed to identify zoning of the property
or the requirements of B 2-1; failed to do a highest and best use analysis;
failed to develop or present a credible sales comparison analysis, cost
analysis or income analysis.
DWIGHT:
Herbert Voights, 2000-0084 - 06/01/01
Consent Order: Indefinite Suspension Violations: SR 1-1, 2-1 of
the USPAP
Information has come to the attention of the Agency that Respondent violated
the Uniform Standards of Professional Appraisal Practice ("USPAP")
by preparing a misleading appraisal report. Respondent also violated
the USPAP by failing to process and communicate the three traditional
approaches to value in a manner that was not misleading.
FAIRVIEW HEIGHT:
Edward Dahlhoff, 10/19/01
Consent Order: Violations: SR 1-1, 1-4, 1-5, 2-2(a)(ix)
Respondent violated the Uniform Standards of Professional Appraisal Practice
("USPAP"), Standards Rule 1-1, by failing to be aware of, understand,
and correctly employ those recognized methods and techniques that are
necessary to produce a credible appraisal. Specifically, respondent omitted
that the subject property was located within a short distance of two burnt
out and boarded up properties. Respondent violated SR 1-4 by failing to
analyze such comparable sales data as are available to indicate a value
conclusion and instead utilized properties of superior values, larger
square footage, and different locations without making adequate line adjustments.
Additionally respondent violated SR 1-5 by failing to properly research,
analyze and report the subject's prior sales data history. Respondent
also violated SR 2-2(a)(ix) by failing to report the reasoning that supports
the analyses, opinions, and conclusions in the appraisal report.
Cheryl D. Oliver, 1999-0139, 1999-0161 - 04/06/01
Consent Order: Two Year Revocation. Violations: SR 1-1, 1-5 of
the USPAP
Respondent violated the Uniform Standards of Professional Appraisal
Practice ("USPAP"), by failing to be aware of, understand and
correctly employ those recognized methods and techniques that are necessary
to produce a credible appraisal. Specifically, Respondent failed to
disclose the identity of the person who assisted in the inspection and data
search of subject property number one. Additionally, Respondent violated
the USPAP, by failing to properly research, analyze and report the subject’s
prior sales history data Additionally, the Respondent failed to disclose
that subject property number two abuts a lake, by utilizing inappropriate
adjustments, and by failing to explain a time adjustment for comparable
property number two, which is two years old.
FOREST PARK:
Patrick A. Noland, 2000-0013-2 - 12/05/01
Consent Order: License Reprimanded, $2500 fine. Violations:
USPAP Standards Rule 1-1, 2-1.
Respondent violated the Uniform Standards of Professional Appraisal Practice
("USPAP") by failing to be aware of, understand and correctly employ those
recognized methods of techniques that are necessary to produce a credible
appraisal. Specifically, the Respondent utilized inappropriate comparable
properties outside the market area of the subject property, instead of
more appropriate comparable properties located within the subject's market
area. Additionally, Respondent failed to enable the reader to properly
understand the report by failing to inform the reader that the actual
age listed in the market grid were actually the effective ages of the
comparables which were obtained from the MLS report.
HARRISBURG:
Dean Bittle, 2001-0017-1 10/19/01
Consent Order: Reprimand and $500 fine. Violations: SR 1-1, 2-1
and 1-4 (b)
Respondent violated the Uniform Standards of Professional Appraisal Practice
("USPAP"), Standards Rule 1-1 and 2-1, by failing to be aware of, understand
and correctly employ those recognized methods and techniques that are
necessary to produce a credible appraisal, by failing to verify the comparable
sales and by erroneously reporting the gross living area of both the subject
and comparable properties. Additionally, Respondent violated SR 1-4(b)
by failing to properly analyze such comparable sales data as are available
to indicate a value conclusion.
HAWTHORNE WOODS:
Henry K. Smilie, 2001-00124-1 - 12/20/01
Consent Order: License Reprimanded, $1500 Fine. Violations: USPAP
Standards Rule 1-1, 1-5(b), and 2-1(a).
Respondent violated the Uniform Standard of Professional Appraisal Practice
("USPAP") by failing to be aware of, understand and correctly employ those
recognized methods and techniques that are necessary to produce a credible
appraisal for various properties from May 1999 until October 1999. Specifically,
during a six-month period, Respondent failed to properly research, analyze
and report prior sales data, listings or options on several properties
and failed to provide accurate comparable properties which resulted in
misleading reports.
HOFFMAN ESTATES:
Emil Raha, 2000-00153-1 - 12/05/01
Consent Order: License Indefinitely Suspended. Violations: USPAP
Standards Rule 1-1.
Information has come to the attention of the Division that Respondent
violated the Uniform Standards Professional Appraisal Practice ("USPAP"),
by failing to be aware of, understand and correctly employ those recognized
methods and techniques that are necessary to produce a credible appraisal.
ROCKFORD:
Parker D. Moyer, 2000-0062-1 - 12/20/01
Consent Order: License Reprimanded, $2500 fine. Violations: USPAP
Standards Rule 1-1, 1-1(b), 1-5, 2-1(a).
Respondent violated the Uniform Standards of Professional Appraisal Practice
("USPAP") by failing to be aware of, understand and correctly employ those
recognized methods and techniques that are necessary to produce a credible
appraisal for the property located at 303-313 Mulberry Street, Rockford.
Specifically, during a two year time period, Respondent prepared three
appraisal reports with vastly disparate values, which were a result of
certain errors of omission, namely failing to analyze sales history and
opinions; and failing to disclose the sales history which resulted in
misleading reports.
Gary A. Zondonatti, 2000-0027-1 10/19/01
Consent Order: Reprimand. Violations: SR 1-1 and 1-5
Respondent violated the Uniform Standards of Professional Appraisal Practice
("USPAP"), Standards Rule 1-1, by failing to be aware of, understand and
correctly employ those recognized methods and techniques that are necessary
to produce a credible appraisal. Respondent also violated, USPAP, SR 1-5
by failing to properly research, analyze and report the subject's prior
sales data history.
SPRINGFIELD:
Christine Anderson, 1997-0102, 1998-0002, 0116,1999-0106, 0105
- 08/01/01
Consent Order: Probation, $1,000 fine
Violations: USPAP, Standards Rule 1-1(a), (b) and c, by failing to be
aware of, understand and correctly employ those recognized methods and
techniques that are necessary to produce a credible appraisal. Specifically,
by not adequately defining neighborhood boundaries, by failing on one
occasion to verify sales information obtained from a real estate broker,
and in some cases utilizing inappropriate comparables that were in some
respects dissimilar to the subjects.
ST. LOUIS, MO:
Chris M. Puricelli, 2001-00131-1 - 12/05/01
Consent Order: Two-Year Suspension, $1000 fine. Violations: USPAP
Standards Rule 1-1, 1-1(b), 2-1. |
