STATE OF FLORIDA e DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATION FLORIDA REAL ESTATE APPRAISAL BOARD : FLORIDA DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATION, DIVISION OF REAL ESTATE, \0- Glo PL Petitioner, Vv. CASE NO. 2008055515 MICHELLE LOPEZ, Respondent. / ADMINISTRATIVE COMPLAINT The Florida Department of Business & Professional Regulation, Division of Real Estate ("Petitioner") files this Administrative Complaint against Michelle Lopez("“Respondent"), and alleges: ESSENTIAL ALLEGATIONS OF MATERIAL FACT 1. Petitioner is a state government licensing and regulatory agency charged with the responsibility and duty to prosecute Administrative Complaints pursuant to the laws of the State of Florida, including Section 20.165 and Chapters 120, 455 and 475 of the Florida Statutes, and the rules promulgated thereunder. 2. Respondent is currently a Florida state certified residential real estate appraiser having been issued license 5272 in accordance with Chapter 475 Part II of the Florida Statutes. 3. The last license the State issued to Respondent was as a state certified residential real estate appraiser at 9980 B Banana H:A\FREAB\lopez.AC.doc . 1 FDBPR v. Michelle Lopez Case No. 2008055515 Administrative Complaint Tree Run, Boynton Beach, Florida 33436. 4. It is alleged that, on or about June 18, 2007, Respondent and her trainee, Guillermo Escobar, developed and communicated to the lending institution an appraisal report for property commonly known as 713 Secret Harbor Lane Unit #203, Lake Mary, Florida 32746, a copy of which is attached hereto and incorporated herein as Administrative Complaint Exhibit 1. 5. Respondent denies preparing this report and claims someone stole her electronic signature and used it without her knowledge. Respondent said she first learned of the report when the lending institution placed her on an “at risk” list due to concerns of USPAP violations stemming from the report. She then reported to the Miami-Dade Police Department that her signature had been stolen. 6. Respondent's trainee, however, said she knew about the assignment and supervised him as he prepared the report. Neither Respondent nor the trainee provided a copy of the workfile to Petitioner upon request. Both contend the workfile is unavailable, because Respondent gave it to the police without keeping a copy. 7. At the time the Report was developed, Respondent and her trainee operated under the business name Access Appraisals Group Services, Inc., as evidenced by the Invoice for this assignment H:AFREAB\lopez.AC.doc 2 FDBPR v. Michelle Lopez Case No. 2008055515 Administrative Complaint attached hereto and incorporated herein as Administrative Complaint Exhibit 2. Respondent registered the business address for Access Appraisal Group Services, Inc. with Petitioner, but failed to furnish the business name as required by § 475.623, Fla. Stat. See Petitioner’s licensees database printout attached hereto and incorporated herein as Administrative Complaint Exhibit 3. Public records filed with the Florida Department of State, Division of Corporations show that Respondent’s trainee was Vice-President and 49% owner of Access Appraisals Group Services, Inc. Copies of the documents are attached hereto and incorporated herein as Administrative Complaint Exhibit 4. COUNT ONE Based upon the foregoing, Respondent has violated Section 475.623, Florida Statutes, by failing to furnish, in writing, to the department each firm or business name and address from which she operates in the performance of appraisal services and, therefore, is in violation of Section 475.624(1), Florida Statutes. COUNT TWO Based upon the foregoing, Respondent is guilty of failure to retain records for at least five years of any contracts engaging the appraiser’s services, appraisal reports, and supporting data assembled and formulated by the appraiser in preparing appraisal H:\FREAB\opez.AC.doc . 3 FDBPR v. Michelle Lopez Case No. 2008055515 Administrative Complaint reports in violation of Section 475.629, Florida Statutes, and, therefore, in violation of Section 475.624 (4), Florida Statutes. COUNT THREE Based upon the foregoing, Respondent is guilty of being employed as a supervisory appraiser by a trainee in violation of Florida Admin. Code Rule 61J31-4.010(8) and Section 475.6221(3), ‘Plorida Statutes, and, therefore, in violation of Section 475.624(4), Florida Statutes. WHEREFORE, Petitioner respectfully requests the Florida Real Estate Appraisal Board, or the Department of Business and Professional Regulation, as may be appropriate, to issue a Final Order as final agency action finding the Respondent(s) guilty as charged. The penalties which may be imposed for violation(s) of Chapter 475 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license, registration, or certificate; suspension of the license, registration or certificate for a period not to exceed ten (10) years; imposition of an administrative fine of up to $5,000 for each count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant, or certificate H:\FREAB\lopez.AC.doc 4 FDBPR v. Michelle Lopez Case No. 2008055515 Administrative Complaint holder to complete and pass additional appraisal education courses; publication, or any combination of the foregoing which may apply. See Section 475.624, Florida Statutes and Rule 61J1-8.002, Florida Administrative Code. The penalties which may be imposed for violation(s) of Chapter 455 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license, registration, or certificate; suspension of the ‘license, registration, or certificate for a period not to exceed ten (10) years; imposition of an administrative fine of up to $5,000 for each count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant, or certificate holder to complete and pass additional appraisal education courses; publication; restriction of practice; injunctive or mandamus relief; imposition of a cease and desist notice; or any combination of the foregoing which may apply. See Section 455.227, Fla. Statutes and Florida Administrative Code Rule 61J1-8.002. H:\FREAB\lopez. AC.doc 5 FDBPR v. Michelle Lopez Case No, 2008055515 Administrative Complaint SIGNED this 3 day of nat , 2010. CHARLIE LIEM, Interim Secretary Department of Business and Professional Regulation Lane mn. hen By: Dana M. Moss Assistant General Counsel Fla. Bar No. 21162 Department of Business and Professional Regulation Division of Real Estate Legal Section 400 W. Robinson Street, N801 Orlando, Florida 32801-1757 (407) 481-5632 - Telephone (407) 317-7260 - Facsimile PCP Date: 3/1/10 PCP MEMBERS: FG/FO H:\FREAB\lopez.AC.doc FDBPR v. Michelle Lopez Case No. 2008055515 Administrative Complaint a Ee NOTICE TO RESPONDENTS ORR tu Ade PLEASE BE ADVISED chat “mediation under Section 120.573 of the Florida Statutes, is not availabie for administrative disputes involving this type of agency actions7RATIVE RINGS PLEASE BE FURTHER ADVISED that pursuant to this Administrative Complaint you may request, within the time allowed by law, a hearing to be conducted in this matter in accordance with Sections 120.569 and 120.57 of the Florida Statutes; that you have the right, at your option and expense, to be represented by counsel or other qualified representative in this matter; and that you have the right, at your option and expense, to take testimony, to call and cross-examine witnesses, and to have subpoena and subpoena duces tecum issued on your behalf if a formal hearing is requested. PLEASE BE FURTHER ADVISED that if you do not file an Election of Rights form or some other responsive pleading with the Petitioner within twenty-one (21) days of receipt of this Administrative Complaint, the Petitioner will file with the Florida Real Estate Appraisal Board a motion requesting an informal hearing and entry of an appropriate Final Order which may result in the suspension or revocation of your real estate license or registration. Please see the enclosed Explanation of Rights and Election of Rights form. H:\FREAB\lopez.AC.doc 7 Access Appraisals Group N 06 ee a 3 . SUMARY REPORT Individual Condominium Unit Appraisal Report ses or-o616 The purpose of this summary appraisal report is to provide the ‘ender/cient with an accurate, and adequately supported, opinion of the market value of the subject proy TPage #2] Property Address_713 SECRET HARBOR LN # 203 Unit # 203 City LAKE MARY Siaie FL Zp Code_32746-6578 Borrower MARTA LEITNER Owner af Public Record LAKE MARY RESIDENCES.LL( County SEMINOLE COUNTY Legal Description UNIT 203 BLDG 6 REGENCY PARK AT LAKE MARY, A CONDOMINIUM. Assessor's Parcal # _19-20-30-520-NYA Tax Year_ 2006 ALE. Taxes $ NYA Project Name_LAKE MARY /REGENCY PARK Phase #4 Map Reference S19/TT20/R20_Cansus Tract 0208.09 Occupant [] Owner [_} Tenant _ [x] Vacant Special Assessments $_ NONE HOA$ 176.61 (_} per year DX] per month =} Property Rights Appraised GX] Fee Simple {_] Leasehoid Other (describe) Assignment Type__(X] Purchase Transaction Refinance Transaction Other (describe) Lender(Glient__ SUPERIOR MORTGAGE SERVICES OF Address 8725 NW 18 TERR SUITE 219, DORAL, FL 33172 {s the subject property currently offered for sala or has it been offered for sale in the twelve months prior to the effective date of this appraisal? XX] Yes No Report data source(s) used, offering price(s), and date(s). PUBLIC RECORDS, SEMINOLE COUNTY APPRAISERS OFFICE INFORMATION. I did (2) did not analyze the contract for sale for the subject purchase transaction. Explain the results of the analysis of the contract for sale or why the analysis was noi performed. THE SUBJECT IS UNDER CONTRACT FOR $ 142,990. eg Contact Price $ 142,990 Date of Contract 05/24/2007 __|s the property seller the owner of public record? J Yes [-]No Data Source(s) PUBLIC RECORDS zZ |s there any financial assistance (loan charges, sale concessions, gift ar downpayment assistance, etc.} to be paid by any party on behall of the borrower? Cl yes &) No {f Yes, report the total dollar amount and describe the items to be paid. isal factors. 2 elanbothood Characi sles aa]e= ae TMS riuanoiaiig SERENE Location [] Urban) Suburban [J Rural Property Values [_] increasing XJ Stable Declining | PRICE AGE _ | One-Unit 90 %| PA Suit-Up Dd Over 75% [ ] 25-75% _ [ } Under 25% Demand/Sugply (_] Shortage InBalance (_] Over Supply | $ (01 (yrs) [2-4 Unit % req Growth Rapid Bd) Stable Slow {Marketing Time Under 3 mths_Bx] 3-6 mths Over 6mins | 135 Low 10 _ [Mutti-Family | Neighborhood Boundaries TO THE NORTH GREENWOOD BLVO., TOTHE SOUTH GREENWAY [218 High ° 21 [Commercial 10 % fy BLVD. WEST OF LONGWOOD LAKE MARY RD. AND EAST OF LAKE EMMA ROAD. 158_ Pred. 45 | Other SI Neighborhood Description SEE ATTACHED ADDENDUM... Market Conditions (including sugport for the above concuisions) _ GENERAL MARKET CONDITIONS ARE STABLE WITH SUPPLY AND DEMAND FACTORS IN SHORTAGE. LOANS DISCOUNTS, INTEREST BUY DOWN AND CONCESSIONS BY SELLERS ARE NOT UNCOMMON, Topography BASICALLY LEVEL Size AVERAGE Density AVERAGE/MEDIUM. View RESIDENTIAL Specific Zoning Classification o4 Zoning Description CONDOMINIUM Zoning Gompliance 5 Legal Legal Nonconfarming ~ Do the zoning regulations permit rebuilding to current density? Yes [_] No No Zoning legal (describe) . : {s the highest and best use of subject property as improved (or as proposed per plans and specifications) the present use? Yes No_ If No, describe Utilities Public Other (describe) Public Other (describe) Off-site Improvements ~ Type Public Private Electricty XC] Water &I Street ASPHALT meyGas NO GAS Sanitary Sewer tj Alley bw FEMA Special Rood Hazard Area Yes _[X] No FEMA ood Zone_x FEMA Map #_12117C0130E FEMA Map Date_4/17/1995 Are the utilities and off-site improvements typical for the market area? KX) Yes (1 No if No, describe Are there any adverse site conditions or extemal factors (easements, encroachments, environmental conditions, land uses, etc)? CJ Yes Bg] No_it Yes, describe Data source(s) for project information DEVELOPER, SALES, OFFICE ,PUBLIC RECORDS ~~ fi Project Description Detached or Townhouse DX] Garden Mid-Rise High-Rise Other (describe| # of Stores 2 Exterior Walls CBS # of Units 504_|# of Phases il # of Planned Phases IN/A. # af Elevators 0 Roof Surface SHINGL | # of Units Completed 504 [# of Units 504 _|# of Planned Units N/A, . Existing Proposed __|Total # Parking 1650 # of Units For Sale 10 |# of Units for Sale lo # of Units for Sale IN/A, Under Construction Ratio (spaces/units) 2/1 [# of Units Sold [504 _[# of Units Sold 04_|# of Units Sold N/A Year Built 1994 Type OPEN __|# of Units Rented lea |# of Units Rented 64__|# of Units Rented IN/A. Effective Age 8 Guest Parking ADEQ__|# of Owner Occupied Units |390_|# of Owner Occupied Units [390 |# of Owner Occupied Unils [N/A Project Primary Occupancy Principle Residence Second Home or Recreational Tenant Is the developer/builder in control of the Homeowners’ Association (HOA)? Yes & No 1 Management Group - (] Homeowners’ Association [| Developer Management Agent - Provide name of management company. Does any single entity (the same individual, investor group, corporation, etc.) own more than 10% of the total units in the project? Yes_[X] No__ if Yes, Describe ma Was the project created by the conversion of existing buiiding(s) into a condominium? DX) Yes No_lt Yes, describe the original use and date of conversion. THE CONVERSION TOOK PLACE IN 08/2005 FROM RENTALS TO CONDOMINIUMS. ‘Are the units, common elements, and recreation facilities complete finckuding any planned rehabilitation for a condominium conversion}? _f] Yes No_# No, describe Is there any commercial space in the project? _[] Yes PROFESSIONAL APPRAISAL PRACTICE. C1 JHAVE (OR HAVE NOT) MADE A PERSONAL INSPECTION GF THE PROPERTY THAT IS THE SUBJECT OF THIS REPORT. INO ONE PROVIDED SIGNIFICANT REAL PROPERTY APPRAISAL ASSISTANCE TC THE PERSON SIGNING THIS CERTIACATION. (F THERE ARE EXCEPTIONS, THE NAME OF LEACH INDIVIDUAL PROVIDING SIGNIRCANT COMMENTS ON APPRAISAL AND REPORT IDENTIFICATION NOTE ANY DEPARTURES FROM STANDARDS RULES 1-3 AND 1-4, PLUS ANY USPAP-RELATED ISSUES REQUIRING DISC ALTHOUGH THE APPRAISER IS NOT BASED IN THE IMMEDIATE AREA OF THE SUBJECT PROPERTY, THE APPRAISER BECAME COMPETENT WITH THE MARKET AND TRAVELED TO THE SUBJECT AND ALL COMPARABLES. THE APPRAISER WORKED ALONG SIDE A LOCAL REALTOR BY THE NAME OF ADOLFO PEREIRA Ill WITH DOVER INTERNATIONAL REALTY ING. WITHIN THE IMMEDIATE AREA OF THE SUBJECT TO 8ECOME INFORMED AND LEARN ABOUT THE LAKE MARY MARKET. SUPERVISORY AP APPRAISER: Signature: ae 4 Name: GUILLERMO ESCOBAR R.1.0003363 Name: MICHELLE (QPed., Date Signed: 06/18/2007 Date Signed: 06/26/2007 ~ | ~State Certification #:-- ~ == ~~ State Certification #:-RB5272~-—- -— ~~ == ee ee .. OF State License #: RI3323 or State License #: ~ State; FL State. Fl. Expiration Date of Certification or License: 11/30/2008 C1 bid Did Not inspect Property Expiration Date of Certification or License: 41/30/2008 Access Appraisals Group E Form IDS — "WinTOTAL* appraisal software by a ia mode, inc. ~ 1-800-ALAMCODI PAGE ADMINISTRATIVE COMPLAINT. XHIBIT 3 | 3 oF a SUBJECT PHOTO PAGE Borrower/Glent_ MARTA LEITNER Property Address_713 SECRET HARBOR LN # 203 City LAKE MARY. County SEMINOLE COUNTY State FL Gp Code_ 32746-6578 { Lender SUPERIOR MORTGAGE SERVICES OF SOUTH FLORIDA.INC SUBJECT FRONT 713 SECRET HARBOR LN # 203, # 203 SALES PRICE 142,990 GROSS LIVING AREA 674 TOTALROOMS == 3 TOTAL BEDROOMS 1 TOTAL BATHROOMS. 1 LOCATION SUBURBAN View RESIDENTIAL SME TYPICAL QUALITY CBS/AVG AGE 12 YEARS SUBJECT REAR SUBJECT STREET ADVENISTRATIVE COMPLAINT Farm PICPICSR — “WinTOTAL* appraisal sftware by ala mode, ine. —1-200-Aedel HESIT PAGE OF 25 SUBJECT INTERIOR PHOTO PAGE Borrower/Client__MARTA LEITNER Address_713 SECRET HARBOR LN # 203 il LAKE MARY County SEMINOLE COUNTY. State FL Zp Code_32746-6578 SUPERIOR MORTGAGE SERVICES OF SOUTH FLORIDA,ING ‘SUBJECT INTERIOR 713 SECRET HARBOR LN # 203, #203 SALES PRICE 142,890 GROSS LIVING AREA 674 TOTALROOMS = 3 TOTAL BEDROOMS 4 TOTAL BATHROOMS 1 LOCATION SUBURBAN VIEW RESIDENTIAL sme TYPICAL auaLiTy CBS/AVG AGE 12 YEARS SUBJECT INTERIOR SUBJECT INTERIOR ADVINIST NALD CUMIPLAINT EXHIBIT # . pace __ 10 OF Form PICPIX.S! — "WinTOTAL" appraisal software by a la mode, inc, — 1-800-ALAMODE SUBJECT INTERIOR PHOTO PAGE Borrower/Client MARTA LEITNER Property Address 713 SECRET HARBOR LN # 203 Ci LAKE MARY County SEMINOLE COUNTY State_ FL Zp Code_32746-6578 Lender SUPERIOR MORTGAGE SERVICES OF SOUTH FLORIDA,INC SUBJECT INTERIOR 713 SECRET HARBOR LN # 203, # 203 SALES PRICE 142,990 GROSS LIVING AREA 674 TOTAL ROOMS 3 TOTAL BEDROOMS 1 TOTAL BATHROOMS + LOCATION SUBURBAN VIEW RESIDENTIAL STE TYPICAL QUALITY CBS/AVG ” AGE 12 YEARS BUILDING LOCATION BLDG 38 SUBJECT INTERIOR SUBJECT INTERIOR MINISTRATIVE COMPLAINT BEM Form PICPX S1— "WinTOTAL" apraisal software by als mode nc, —1-AOG-ALAMODES IBIT ef pace Il oF +} COMPARABLE PHOTO PAGE Borrower/Gient__MARTA LLEITNER Property Address_713 SECRET HARBOR LN # 203 City LAKE MARY. County SEMINOLE COUNTY State FL Zip Code_32746-6578 Lender SUPERIOR MORTGAGE SERVICES OF SOUTH FLORIDA INC COMPARABLE 1 2808 GRASSY POINT DR #100 PROX TO SUBJECT 0.09 miles SW SALES PRICE 145,000 GROSS LIVING AREA 662 TOTAL ROOMS 3 TOTAL BEDROOMS 1 TOTAL BATHROOMS 1 LOCATION SUBURBAN VIEW RESIDENTIAL SITE TYPICAL, QUALITY CBS/AVG AGE 12 YEARS COMPARABLE 2 2593 GRASSY POINT DR # 205 PROX. TO SUBJECT 0.07 miles NW SALES PRICE 138,890 GROSS LIVING AREA 717 TOTAL ROOMS 3 TOTAL BEDROOMS 1 TOTAL BATHROOMS 1 LOCATION SUBURBAN VIEW RESIDENTIAL SITE TYPICAL QUALITY CBS/AVG AGE 12 YEARS COMPARABLE 3 2504 GRASSY POINT DR # 112 PROX TOSUBJECT 0.19 miles SE SALES PRICE 144,900 GROSS LIVING AREA 697 TOTAL ROOMS 3 TOTAL BEDROOMS 1 TOTAL BATHROOMS 4 LOCATION SUBURBAN VIEW RESIDENTIAL SITE. 2. ~ tn QUALITY CBS/AVG AGE 12 YEARS ADMINISTRATIVE COMPLAINT, ' iT 7 Fa PCPOLCR —"WiTOTAL* apprise sofware by ame, ne. —-s00ALAGOE FF PAGE _ 12 OF a COMPARABLE PHOTO PAGE Borrower/Client_ MARTA LEITNER s_713 SECRET HARBOR LN #203 LAKE MARY County SEMINOLE COUNTY State FL Zip Code_ 32746-6578 SUPERIOR MORTGAGE SERVICES OF SOUTH FLORIDA INC COMPARABLE 4 403 VISTA VERDI CIR 313 PROX TO SUBJECT 1.43 miles NW SALES PRICE 180,000 GROSS LIVING AREA 829 TOTALROOMS = 3 TOTAL BEDROOMS 1 TOTAL BATHROOMS 1 LOCATION SUB+ VIEW RESIDENTIAL SITE TYPICAL QUALITY CBS/AVG AGE 7 YEARS COMPARABLE 5 2593 GRASSY POINT DR # 207 PROX. TO SUBJECT 0.07 miles NW SALES PRICE 142,990 GROSS LIVING AREA 717 TOTAL ROOMS 3 TOTAL BEDROOMS 4 TOTAL BATHROOMS 1 LOCATION SUBURBAN VIEW RESIDENTIAL SHE TYPICAL ‘QUALITY CBS/AVG AGE 12 YEARS COMPARABLE 6 "PROX. TG SUBJECT SALES PRICE GROSS LIVING AREA TOTAL ROOMS ADMINISTRATIVE COMPLAINT. Form PICPIX.CR ~ "WinTOTAL" appraisal software by a la mode, inc. — anoaaioteet i BIT # PAGE OF S> -0616] Page #15} Supplemental Addendum Fila No. 07-0616 Borrower/Client_ MARTA LEITNER, Property Address_ 713 SECRET HARBOR LN # 203 {City LAKE MARY. County SEMINOLE COUNTY State FL Lender SUPERIOR MORTGAGE SERVICES OF SOUTH FLORIDA,INC + Condo : Neighborhood - Description THE SUBJECTS NEIGHBORHOOD IS CONSIDERED RESIDENTIAL AND MIXED WITH RENTAL APARTMENTS ,CONDO CONVERSIONS, COMMERCIAL WITHIN THE MAIN THOROROUGH FARES AND IDEALLY LOCATED WITHIN SHORT DISTANCE FROM SCHOOLS, REGIONAL SHOPPING AREAS, HOSPITALS AND MEDICAL FACILITIES, HOUSE OF WORSHIP, RECREATIONAL AREAS, AND OTHER CONVENIENCES. Zp Code_32746-6578 ALL SALES UTILIZED WERE 1 BEDROOMS 1 BATH SIMILAR TO THE SUBJECT IN FUNCTIONAL UTILITY A SLIGHT DIFFERENCE IN LIVING AREA SQFT AS ALL ARE NOT THE SAME MODELS. ADJUSTMENTS WARRANTED FOR LOCATION/VIEW VS DRY LOTS AND UPGRADED VERSIONS IN IE:FULL UPGRADES BERBER CARPET,APPLIANCES, NEW FIXTURES,REFINIAHED TUBS, ELONGATED TOILETS, VANITIES,DECOR OUTLETS,KITCHEN SINKS AND FAUCETS, FULL PAINT,C.FANS IN MASTER, LIGHT FIXTURES, BASEBOARDS, THERMOSTATS,GRANITE COUNTER TOPS,. ALL SALES ARE GOOD INDICATORS OF THE SUBJECTS MARKET VALUE. ALL SALES ARE SIMILAR 1 BEDROOM 1 BATH MODELS . THESE SALES REFLECT AND REPRESENT THE SIMILAR STANDARD UTILITY SALES WITHIN THE SAME SUBDIVISION. SOME THESE SALES ARE TENANT OCCUPIED UNTIL THE CLOSING DATE. SALE #2 WAS AN INVESTOR SALE AND SOLD SLIGHTLY BELOW MARKET VALUE FOR LIQUIDATION PURPOSES. SOME SALES WILL EXCEED THE 6 MONTHS TO A YEAR GUIDELINES , HOWEVER THEY WERE THE BEST AVAILABLE MARKET INDICATORS FOR THE SUBJECTS MARKET VALUE. ADJUSTMENTS WARRANTED FOR LOCATION AS IN SALE # 4 AND LIVING AREA SOFT.THIS SALE IS LOCATED 1.5 MILES NORTHEAST AND IS THE ONLY OTHER SIMILAR CONDO BUILDING AVAILABLE AS A OUTSIDE MARKET INDICATOR AT THE PRESENT TIME. SALE #5 1S A SIMILAR 1/1 MODEL SOLD IN 03/2006 FURTHER SUPPORTING AREA MARKET. NO ADJUSTMENTS FOR LIVING AREA SQFT. WARRANTED WHEN ITS UNDER 100 SQFT. MOST EMPHASIS IS PLACED ON THE MEDIAN OF ALL 5 SALES AFTER ADJUSTMENTS SUPPORTING AREA MARKET. ADMINIS STRATIVE COMPLAINT. EXHIBIT # ) OFZ 4} Form TADD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE LOCATION MAP [Borowa/Gient MARTA LEIINER Property Address 713 SECRET HARBOR LN # 203, Cit LAKE MARY. County SEMINOLE COUNTY Lender SUPERIOR MORTGAGE SERVICES OF SOUTH FLORIDA,ING State FL Zp Code_32746-6578 —_ Sogn pae sb AUMINISTRALIVE Conir LAINE Form MAP.LOC — "WinTOTAL" appraisal software by ala made, inc. — 1-800-ALAMODE EXHIBIT # PAGE __pO__ OF 2 Sy——— [Fle No. 07-0616] Page #17] FLOOD MAP [BorowerGient MARTA LEITNER Property Address 713 SECRET HARBOR LN # 203. Ci LAKE MARY County SEMINOLE COUNTY State FL Gp Cole 39746-6578 Lender SUPERIOR MORTGAGE SERVICES OF SOUTH FLORIDA, INC Prepared for: Inte rFFlood Access Appraisals ~ ~ 2521 GRASSY POINTE DR, UNIT #213 www.interflood.com e 1-800-252-6633 ORLANDO, FL 32746-0416 Seminole County Unincorporated Are Powered by FloodSource if 877.77.FLOO0 ADMINISTRATIVE COMPLAINT Form MAP.FLOOD — "WinTOTAL" appraisal software by a la mode, inc. ~= sooo. aabse iB IT # PAGE ly OF ; — Frat INVOICE ACCESS APPRAISALS GROUP SERVICES, INC. 7334 SW 42 STREET MIAMI, FL 33155 Telephone Number: 305-265-5050 Fax Number: 305-266-6060 Leer EEE OOo ooo 06/25/2007 fe | fimemaionier#: 7-616 . Lender Case #: SUPERIOR MORTGAGE SERVICES OF SOUTH FLORIDA,INC cont Fe # 8725 NW 18 TERR SUITE 219 DORAL, FL 33172 Main File # on form: 07-0616 Other File # on form: SUMARY REPORT Federal Tax ID: oe Employer 1D: Fax Number: (305) 718-0500 E-Mail: Telephone Number: (305) 718-1100 Alternate Number: Lender: SUPERIOR MORTGAGE SERVICES OF SOUTI Client! SUPERIOR MORTGAGE SERVICES OF SOUTH FLOR Purchaser/Borrower: MARTA LEITNER Property Address: 713 SECRET HARBOR LN # 203 City: LAKE MARY County: SEMINOLE COUNTY State: FL. Legal Description: UNIT 203 BLDG 6 REGENCY PARK AT LAKE MARY, A CONDOMINIUM. Zp: 32746-6578 APPRAISAL FEE SUBTOTAL Description: PAID BY CREDIT CARD - Description: : eee mere SUBTOTAL Nu PAVE ABEL” baba ‘GIT a Form NIVS — “WinTOTAL" appraisal software by a la mode, inc, marian rc Access Appraisals Group P AGE OF = > Strest # [7304 Street [Sw42sT : Line2 teal OOOO cay | fam » Provistete FL + { Postauzip 3155 | county [35 fads Cited ~ Routing Phone # (res-21 4-0999 Ext | E-Mail Jappraisaldemand@aol.com Insp Region | ow ADMINISTRATIVE COMPLAINT. EXHIBIT #3 PAGE __f OF COVER LETTER TO: Amendment Section Division of Corporations susrecr: ACCESS APPRAISALS GROUP SERVICES INC jame of Corporation; DOCUMENT NUMBER:_P05000095624 The enclosed Articles of Correction and fee are submitted for filing. Please return all correspondence concerning this matter to the following: GUILLERMO ESCOBAR SAME ; EO) 7334 SW 42 STREET a ¢<:') c MIAMI, FL 33155 TG SE ad Zip CE a - - For further information concerning this matter, please call: --GUILLERMO 305 266-5050 ra arco Peay —————**- spre - Enclosed is a check for the following amount: (71 $35.00 Filing Fee {]$43.75 Filing Fee & Certificate of Status (1$43.75 Filing Fee & Certified Copy [71$52.50 Filing Fee, Fee, Centf cate of Status & ified Mailing Address: Street Address: Amendment Section Amendment Section Division of Corporations Division of Corporations P.O. Box 6327 Clifton Building Tallahassee, FL 32314 2661 Executive Center Circle Tallahassee, FL 32301 SDMINISTRATIVE COMPLAINT EXHIBIT #f _| __ oF PAGE Articles of Amendment to Articles of Incorporation , a >. “ a 1 B& wy Cin ‘ ACCESS APPRAISALS GROUP SERVICES INC “ay Sky My (Name of corporation as currently filed with the Florida Dept, of State) Bee Qo 2 S$ + SD Ka r4 Opie P05000095624 Gy (Document number of corporation (if known) Pursuant to the provisions of section 607.1006, Florida Statutes, this Flarida Profit Corporation adopts the following amendment(s) to its Articles of Incorporation: NEW CORPORATE NAME (if changing): (Must contain the word "corporation," “company,” or “incorporated” or the abbreviation "Corp.,” "Inc.," or "Co.") (A professional corporation must contain the word "chartered", "professional association," or the abbreviation "P.A.") AMENDMENTS ADOPTED- (OTHER THAN N AME CHANGE) Indicate Article Number(s) and/or Article Title(s) being amended, added or deleted: (BE SPECIFIC) | THE NEW VICE-PRESIDENT/ OWNER WILL BE: GUILLERMO ESCOBAR, OWNING 49% OF THE SHARES OF ACCESS APPRAISALS GROUP SERVICES INC __ THE NEW PRESIDENT/ OWNER WILL BE: SUYIN DE CASTRO, OWNING 51% OF TEH SHARES OF ACCESS APPRAISALS GROUP SERVICES INC. (Attach additional pages if necessary) Ifan amendment provides for exchange, reclassification, or cancellation of issued shares, provisions for implementing the amendment if not contained in the amendment itself: (if not applicable, indicate N/A) PANGEAN INTERNATIONAL GROUP IN WILL NO LONGER HAVE, HOLD, ANY ee ey—yETEee eee ieee SHARES OF ACCESS APPRAISALS GROUP SERVICES INC (continued) SUMINISTRATIVE COMPLAINT EXHIBIT # PAGE @ OF The date of each amendment(s) adoption: JANUARY 1ST, 2007 Effective date if appticable: EFFECTIVE JANUARY 1ST, 2007 (no more than 90 days after amendment file date) Adoption of Amendment(s) (CHECK ONE). (C] The amendment(s) was/were approved by the shareholders. The number of votes cast for the amendment(s) by the shareholders was/were sufficient for approval. (J The amendment(s) was/were approved by thé shareholders through voting groups. The following statement must be separately provided for each voting group entitled to vote separately on the amendment(s): "The number of votes cast for the amendment(s) was/were sufficient for approval by {voting group) (.] The amendment(s) was/were adopted by the board of directors without shareholder action and shareholder action was not required. The amendment(s) was/were adopted by the incorporators without shareholder action and shareholder action was not required. (By a director, president or other officer - if directors or officers have not been selected, by an incorporator - if in the hands of a receiver, trustee, or other court appointed fiduciary by that fiduciary) Suy in De Casto | 'yped or printed name of person signing) PRESIDENT (Title of person signing) FILING FEE: $35 SOMINISTRATIVE COMPLAINT EXHISIT #Y PAGE 3 OF ___

Docket for Case No: 10-001961PL

Issue Date	Proceedings
Jun. 03, 2010	Order Closing File. CASE CLOSED.
Jun. 02, 2010	Motion to Relinquish Jurisdiction filed.
May 28, 2010	Motion for Consolidation filed.
May 28, 2010	Motion to Conduct Proceedings through Communications Media Technology filed.
May 28, 2010	Motion for Continuance filed.
May 28, 2010	Motion to Supress Information filed.
May 28, 2010	Respondent's Witness List filed.
May 20, 2010	Petitioner's Witness List filed.
May 20, 2010	Index to Petitioner's Formal Hearing Exhibits (exhibits not available for viewing) filed.
May 20, 2010	Petitioner's Notice of Filing Petitioner's Exhibits.
Apr. 27, 2010	Order of Pre-hearing Instructions.
Apr. 27, 2010	Notice of Hearing (hearing set for June 17, 2010; 9:00 a.m.; Miami, FL).
Apr. 26, 2010	Unilateral Response to Initial Order filed.
Apr. 14, 2010	Initial Order.
Apr. 14, 2010	Administrative Complaint filed.
Apr. 14, 2010	Election of Rights filed.
Apr. 14, 2010	Agency referral filed.