AQB criteria definition

AQB criteria means all of the following, if applicable:
Sample 1Sample 2Sample 3
AQB criteria means the criteria established by the appraiser qualifications board of the appraisal foundation or as adopted by rule of the director. Until January 1, 2008, AQB criteria means the criteria entitled “Real Property Appraiser Qualification Criteria and Interpretation of the Criteria”, adopted by the appraiser qualifications board on February 16, 1994, effective January 1, 1998, and as revised and effective January 1, 2003. Beginning January 1, 2008, AQB criteria means the criteria entitled “Real Property Appraiser Qualification Criteria and Interpretation of the Criteria”, adopted by the appraiser qualifications board on February 20, 2004, effective January 1, 2008.
Sample 1
AQB criteria means minimum education, experience, and examination requirements to obtain and the continuing education requirements to maintain a license or certification as an appraiser, supervisory appraiser, or trainee appraiser. The AQB publishes these requirements in The Real Property Appraiser Qualification Criteria, which is adopted and incorporated by reference at ARM 24.207.203.
Sample 1

Examples of AQB criteria in a sentence

  • Distance education may be used as qualifying education if the course is approved by the Board, meets AQB criteria and has a proctored final exam at the completion.

  • Distance education may be used as continuing education if the course/seminar meets the AQB criteria and is approved by the Board.

  • The department shall license as a limited real estate appraiser, a state licensed real estate appraiser, a certified residential real estate appraiser, or a certified general real estate appraiser an individual who is at least 18 years of age, is of good moral character, and provides proof of having completed the minimum education, examination, and experience requirements contained in the AQB criteria for the appropriate license category.History: Add.

  • A nonprofit association related to real property or real property appraisal.(3) Educational courses required for licensure under this article shall comply with AQB criteria.

  • PAREA programs must be AQB-approved and meet all the required elements found in the PAREA section of the most recent AQB criteria.

  • In addition, applicants for licensure as a state licensed real estate appraiser, a certified residential real estate appraiser, or a certified general real estate appraiser must also provide an appraisal log that includes, at a minimum, the documentation or data required to be kept under the AQB criteria.

  • USPAP update courses may be included in the required continuing education hours.(c) Distance education may be used as continuing education if the course/seminar meets the AQB criteria and is approved by the Board.

  • No public comment was received.On April 11, 2014, the AQB announced the delay of the implementation of “Section VI background checks” in the AQB criteria effective January 1, 2015.

  • An applicant who does not complete the experience requirement within the time frame required by AQB criteria shall retake and pass the examination..

  • Requirements of the ASC are expressed in policy statements which are based on Title XI of FIRREA.The board concluded it is reasonably necessary to amend the rules to incorporate the AQB criteria by reference and repeal rules that unnecessarily repeat these criteria.


More Definitions of AQB criteria

AQB criteria or “the Criteria” means the Real Property Appraiser Qualification Criteria and Interpretations of the Criteria, effective as of January 1, 2022.
Sample 1

Related to AQB criteria

  • Evaluation Criteria means the criteria set out under the clause 27 (Evaluation Process) of this Part C, which includes the Qualifying Criteria, Functional Criteria and Price and Preferential Points Assessment.

  • Selection Criteria means and includes all of the requirements, considerations,

  • Review Criteria has the meaning assigned to that term in Section 12.02(b)(i).

  • Board-Established Criteria means criteria that the Board of a Regulated Fund may establish from time to time to describe the characteristics of Potential Co-Investment Transactions regarding which the Adviser to the Regulated Fund should be notified under Condition 1. The Board-Established Criteria will be consistent with the Regulated Fund’s Objectives and Strategies (defined below). If no Board-Established Criteria are in effect, then the Regulated Fund’s Adviser will be notified of all Potential Co-Investment Transactions that fall within the Regulated Fund’s then-current Objectives and Strategies. Board-Established Criteria will be objective and testable, meaning that they will be based on observable information, such as industry/sector of the issuer, minimum EBITDA of the issuer, asset class of the investment opportunity or required commitment size, and not on characteristics that involve a discretionary assessment. The Adviser to the Regulated Fund may from time to time recommend criteria for the Board’s consideration, but Board-Established Criteria will only become effective if approved by a majority of the Independent Directors (defined below). The Independent Directors of a Regulated Fund may at any time rescind, suspend or qualify their approval of any Board-Established Criteria, though Applicants anticipate that, under normal circumstances, the Board would not modify these criteria more often than quarterly.

  • Criteria means one of the eight (8) state defined categories to be scored.

  • Acceptance Criteria means the Specifications, goals, performance measures, testing results and/or other criteria designated by the Agency and against which the Deliverables may be evaluated for purposes of Acceptance or Non-acceptance thereof.

  • Performance Criteria means the criteria (and adjustments) that the Committee selects for an Award for purposes of establishing the Performance Goal or Performance Goals for a Performance Period, determined as follows:

  • Eligibility Criteria means the legal criteria as specified in the Clause 5 of this E- Auction Process Information Document;

  • Goal means the intended or projected result of a comprehensive corrections plan or community corrections program to reduce prison commitment rates, to reduce the length of stay in a jail, or to improve the utilization of a jail.

  • Design Criteria Package means concise, performance-oriented drawings or specifications for a public construction project. The purpose of the Design Criteria Package is to furnish sufficient information to permit Design-Build Firms to prepare a bid or a response to the District’s Request for Proposals, or to permit the District to enter into a negotiated Design- Build Contract. The Design Criteria Package must specify performance- based criteria for the public construction project, including the legal description of the site, survey information concerning the site, interior space requirements, material quality standards, schematic layouts and conceptual design criteria of the project, cost or budget estimates, design and construction schedules, site development requirements, provisions for utilities, stormwater retention and disposal, and parking requirements applicable to the project. Design Criteria Packages shall require firms to submit information regarding the qualifications, availability, and past work of the firms, including the partners and members thereof.