Virginia Administrative Code (Last Updated: January 10, 2017) |
Title 18. Professional and Occupational Licensing |
Agency 130. Real Estate Appraiser Board |
Chapter 10. Public Participation Guidelines (Repealed) |
Chapter 11. Public Participation Guidelines |
Chapter 20. Real Estate Appraiser Board Rules and Regulations |
Chapter 30. Appraisal Management Company Regulations |
EDITOR'S NOTICE
AGENCY SUMMARY
The Real Estate Appraiser Board is a separate agency within the Department of Professional and Occupational Regulation. The director of the department acts as the board's secretary and administrative officer. Code of Virginia, Title 54.1, Chapter 3. See the summary for the department for the regulatory power applicable to all boards subject to its administration. Code of Virginia, Title 54.1, Chapter 2.
The board is authorized to license and certify real estate appraisers. It may prescribe a code of ethics and standards for licensed residential real estate appraisers, certified residential real estate appraisers and certified general real estate appraisers. The board is authorized to adopt regulations that satisfy the minimum criteria of the federal Financial Institutions Reform, Recovery and Enforcement Act of 1989 such that federal regulatory agencies recognize and accept licenses issued by the board. Code of Virginia, Title 54.1, Chapter 20.1. The board is also authorized to license appraisal management companies. Code of Virginia, Title 54.1, Chapter 20.2.
Regulations are available from the Director of the Department of Professional and Occupational Regulation, 9960 Mayland Drive, Suite 400, Richmond, VA 23233. Internet address: http://www.dpor.virginia.gov/
Rev. 9/2014
AGENCY SUMMARY
The Real Estate Appraiser Board is a separate agency within the Department of Professional and Occupational Regulation. The director of the department acts as the board's secretary and administrative officer. Code of Virginia, Title 54.1, Chapter 3. See the summary for the department for the regulatory power applicable to all boards subject to its administration. Code of Virginia, Title 54.1, Chapter 2.
The board is authorized to license and certify real estate appraisers. It may prescribe a code of ethics and standards for licensed residential real estate appraisers, certified residential real estate appraisers and certified general real estate appraisers. The board is authorized to adopt regulations that satisfy the minimum criteria of the federal Financial Institutions Reform, Recovery and Enforcement Act of 1989 such that federal regulatory agencies recognize and accept licenses issued by the board. Code of Virginia, Title 54.1, Chapter 20.1. The board is also authorized to license appraisal management companies. Code of Virginia, Title 54.1, Chapter 20.2.
Regulations are available from the Director of the Department of Professional and Occupational Regulation, 9960 Mayland Drive, Suite 400, Richmond, VA 23233. Internet address: http://www.dpor.virginia.gov/
Rev. 9/2014