AQB criteria definition

AQB criteria means all of the following, if applicable:
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
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 [NEW RULE I].

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.

Related to AQB criteria

  • Business Criteria means any one or any combination of Income before Taxes, Net Income, Return on Equity, Return on Assets, Pre-tax Margin, Free Cash Flow, Valuation or EPS.

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

  • 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;