State licensed appraiser definition

State licensed appraiser means any individual who has satisfied the re- quirements for licensing in a State or territory where the licensing proce- dures comply with title XI of FIRREA and where the Appraisal Subcommittee has not issued a finding that the poli- cies, practices, or procedures of the State or territory are inconsistent with title XI. The Board may, from time to time, impose additional quali- fication criteria for licensed appraisers performing appraisals in connection with federally related transactions within the Board’s jurisdiction.

State licensed appraiser means any individual who has satisfied the re- quirements for licensing and has been licensed as a real estate appraiser by a State or territory in which the licens- ing procedures comply with title XI of FIRREA and in which the Appraisal Subcommittee has not issued a finding that the policies, practices, or proce- dures of the State or territory are in- consistent with title XI of FIRREA.

State licensed appraiser means an appraiser authorized to engage in the appraisal of noncomplex one to four residential units having a transaction value less than one million dollars and complex one to four residential units and nonresidential appraisals having a transaction value less than two hundred fifty thousand dollars.

Examples of State licensed 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.

• Each Federal financial institutions regulatory agency and the Resolution Trust Corporation shall prescribe, in accordance with sections 3342 and 3343 of this title, which categories of feder- ally related transactions should be appraised by a State certified appraiser and which by a State licensed appraiser under this chapter.

• 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.

• A State certified appraiser or a State licensed appraiser may not be ex- cluded from consideration for an as- signment for a real estate-related transaction solely by virtue of mem- bership or lack of membership in any particular appraisal organization.

• We have developed recommendations for each rightsholder group, based on the human rights risk analysis presented in section III, as well as our understanding of best practices to prevent, respect, and mitigate human rights risks in general.

More Definitions of State licensed appraiser

State licensed appraiser means a person who holds a current, valid license as a state- licensed appraiser issued under this chapter.

State licensed appraiser means a person who has been issued a real estate appraiser license by the Commission.

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

State licensed appraiser means any individual who has

State licensed appraiser means the same as that term is defined in Section 61-2g-102.

State licensed appraiser means an individual who has been licensed as a state li-

State licensed appraiser means any individual who has satisfied the requirements for state licensing in the State of Arkansas and who is qualified to perform appraisals of all property types up to a monetary size and complexity as prescribed by the Appraiser Qualifications Board and the federal financial institutions regulatory agencies;