Common use of Appraiser Qualifications Clause in Contracts

Appraiser Qualifications. 1. All real property appraisers performing appraisals under ALE must be State-certified general real property appraiser or obtain a temporary practice permit equal to State- certified general real property appraiser in compliance with title XI of the Financial Institution’s Reform, Recovery and Enforcement Act of 1989 (FIRREA) in the State or States where the subject property is located. 2. Must be in good standing with the licensing authority where the credential was issued. 3. The appraiser must not have received any disciplinary action within the past 5 years. 4. The appraiser must have demonstrated competency in compliance with USPAP or UASFLA in conducting appraisals of rural and agricultural properties of the requested type. 5. The appraiser must have demonstrated competency in compliance with USPAP or UASFLA in conducting appraisals of rural and agricultural properties with conservation easements of the requested type. 6. The appraiser must provide documentation of completion of a valuation of conservation easements or eminent domain appraisal course. 7. The appraiser must provide documentation of completion of a UASFLA (Yellow Book) course for any UASFLA appraisal. 8. Documentation of the experience and education will be included in the appraisal report.

Appears in 5 contracts

Samples: Cooperative Agreement, Cooperative Agreement, Cooperative Agreement

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