18VAC130. Real Estate Appraiser Board
VAC AGENCY NO. 130
REAL ESTATE APPRAISER BOARD
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 powers and duties applicable to all regulatory boards. Code of Virginia, Title 54.1, Chapter 2.
The board is authorized to license real estate appraisers and adopt regulations that satisfy the minimum criteria of the federal Financial Institutions Reform, Recovery and Enforcement Act of 1989 (12 U.S.C. § 1331 et seq.). The board shall include in its regulations educational and experience requirements as conditions for licensure, provisions for the supervision of appraiser practices, provisions for the enforcement of standards of professional appraiser practice, and provisions for the disposition of referrals of improper appraiser conduct from any person or any federal agency or instrumentality. 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 board’s office at 9960 Mayland Drive, Suite 400, Richmond, VA 23233. Internet address: http://www.dpor.virginia.gov/Boards/Appraisers
Rev. 08/2019