State certified appraiser definition

State certified appraiser means any individual who has satisfied the re- quirements for and has been certified as a real estate appraiser by a State or territory whose requirements for cer- tification currently meet or exceed the minimum criteria for certification issued by the Appraiser Qualification Board of the Appraisal Foundation. No individual shall be a State certified ap- praiser unless such individual has achieved a passing grade on a suitable examination administered by a State or territory that is consistent with and equivalent to the Uniform State Cer- tification Examination issued or en- dorsed by the Appraiser Qualification Board of the Appraisal Foundation. In addition, the Appraisal Subcommittee must not have issued a finding that the policies, practices, or procedures of the State or territory are inconsistent with title XI of FIRREA.

State certified appraiser means any individual who has satisfied the re- quirements for certification in a State or territory whose criteria for certifi- cation as a real estate appraiser cur- rently meet or exceed the minimum criteria for certification issued by the Appraiser Qualifications Board of the Appraisal Foundation. No individual shall be a State certified appraiser un- less such individual has achieved a passing grade upon a suitable examina- tion administered by a State or terri- tory that is consistent with and equiv- alent to the Uniform State Certifi- cation Examination issued or endorsed by the Appraiser Qualifications Board of the Appraisal Foundation. In addi- tion, the Appraisal Subcommittee must not have issued a finding that the policies, practices, or procedures of the State or territory are inconsistent with title XI of FIRREA. The Board may, from time to time, impose addi- tional qualification criteria for cer- tified appraisers performing appraisals in connection with federally related transactions within its jurisdiction.

State certified appraiser means an individual who has been certified as a state certified appraiser under ORS 674.310.

Examples of State certified appraiser in a sentence

• A State certified appraiser or a State licensed appraiser may not be ex- cluded from consideration for an as- signment for a federally related trans- action solely by virtue of membership or lack of membership in any par- ticular appraisal organization.

• All complex 1-to-4 fam- ily residential property appraisals ren- dered in connection with federally re- lated transactions shall require a State certified appraiser if the transaction value is $250,000 or more.

• All ap- praisals for federally related trans- actions not requiring the services of a State certified appraiser shall be pre- pared by either a State certified ap- praiser or a State licensed appraiser.[Reg.

• All federally related transactions having a transaction value of $250,000 or more, other than those involving appraisals of 1-to-4 family residential properties, shall re- quire an appraisal prepared by a State certified appraiser.

• All complex appraisals for res- idential real estate transactions ren- dered in connection with federally re- lated transactions shall require a State certified appraiser if the transaction value is more than $400,000.

More Definitions of State certified appraiser

State certified appraiser means an individual who has been certified as a state certified appraiser under ORS 674.310 and is qualified to appraise the property that is the subject of a fair market value determination.

State certified appraiser means a real estate appraiser who has been certified by the State under the provisions of Chapter 475, F.S.

State certified appraiser means a state-certified general appraiser or state-certified residential appraiser as those terms are defined in Section 61-2g-102.

State certified appraiser means an individual who has been certified as a state

State certified appraiser or "certified appraiser" means any individual who, having met the requirements of chapter 466K, HRS, and this chapter, has been certified as a state certified general appraiser or a state certified residential appraiser.

State certified appraiser means any individual who has satisfied the requirements for certification in a State or territory whose criteria for certification as a real estate appraiser currently meet the minimum criteria for certification issued by the Appraiser Qualifications Board of the Appraisal Foundation. No individual shall be a State certified appraiser unless such individual has achieved a passing grade upon a suitable examination administered by a State or territory that is consistent with and equivalent to the Uniform State Certifica tion Examination issued or endorsed by the Appraiser Qualifications Board. In addition, the Appraisal Subcommittee must not have issued a finding that the policies, practices, or procedures of a State or territory are inconsistent with title XI of FIRREA. The FDIC may, from time to time, impose additional qualification criteria for certified appraisers performing appraisals in connectionwith federally related transactions within its jurisdiction.

State certified appraiser means an appraiser who has been certified by authority of W.S. §33- 39-101 and by rules and regulations established by the Wyoming Certified Real Estate Appraiser Board.