Section 200. Requirement for the approval of appraisal educational offerings

Part V. Educational Offerings

Pursuant to the mandate of Title 11 of the Federal Financial Institutions Reform, Recovery and Enforcement Act of 1989, § 54.1-2013 of the Code of Virginia, and the qualifications criteria set forth by the Appraisal Qualifications Board of the Appraisal Foundation, all educational offerings submitted for prelicensure and continuing education credit shall be approved by the board. Educational offerings that have been approved by the Appraiser Qualifications Board shall be considered to have met the standards for approval set forth in this chapter. Prelicense course applications received by the department or its agent must be complete within 12 months of the date of the receipt of the application and fee by the department or its agent.

Historical Notes

Derived from VR 583-01-03 § 5.1, eff. April 15, 1992; amended, Volume 11, Issue 04, eff. January 1, 1995; Volume 19, Issue 18, eff. July 1, 2003; Volume 24, Issue 23, eff. September 1, 2008.

Statutory Authority

§ 54.1-2013 of the Code of Virginia.