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.
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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.
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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.
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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 State certified or State licensed appraiser shall be responsible for the proper maintenance and retention of the appraisal records.

  • The license of a State licensed appraiser trainee shall be prominently displayed at his or her supervisor’s place of business.

  • A State licensed appraiser trainee shall use the term “State licensed appraiser trainee” or “appraiser trainee” and shall only co-sign appraisals along with a State licensed or State certified real property appraiser.

  • Persons wishing to become an approved instructor of a licensed appraisal course must provide evidence of having obtained a general or residential appraiser certification or State licensed appraiser classification in New York or any other state, or must pass the NYS licensed, residential or general appraiser examination.


More Definitions of State licensed appraiser

State licensed appraiser means an individual who has been licensed as a state licensed appraiser under ORS 674.310.
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State licensed appraiser means a person who holds a current, valid license as a state- licensed appraiser issued under this chapter.
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State licensed appraiser means a person who has been issued a real estate appraiser license by the Commission.
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State licensed appraiser means any individual who has
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State licensed appraiser means an individual who has been licensed as a state li-
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State licensed appraiser means the same as that term is defined in Section 61-2g-102.
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State licensed appraiser means a person who holds a current, valid license as a
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