Action:
Initial Appraisal Management Company Regulations
Action 3815
General Information
| Action Summary |
The new regulation establishes definitions, qualifications, fees, and standards of practice and conduct for appraisal management companies. The new regulation is required to implement Chapter 405 of the Acts of the 2012 General Assembly, which resulted from HB 210. The goal of the regulation is to establish qualifications, fees, and standards of practice and conduct for the licensure and regulation of appraisal management companies in Virginia pursuant to HB 210. |
| Chapters Affected |
Only affects this chapter.
|
| Executive Branch Review |
This action will go through the normal Executive Branch Review process.
|
| RIS Project |
Yes [003435] |
| Associated Mandates |
Regulation of Real Estate Appraisal Management Companies
|
| New Periodic Review |
This action will not be used to conduct a new periodic review.
|
Stages
Stages associated with this regulatory action.
| Stage ID |
Stage Type |
Status |
|
6352
|
NOIRA
|
Stage complete. Comment period ended 01/02/2013. |
|
6650
|
Proposed
|
Stage complete. Comment period ended 03/28/2014. |
|
6971
|
Final
|
Stage complete. This regulation became effective on 02/01/2015. |
Contact Information
|
Name / Title:
|
Anika Coleman
/
Executive Director
|
|
Address:
|
9960 Mayland Drive, Suite 400
Richmond, VA 23233
|
|
Email Address:
|
reappraisers@dpor.virginia.gov
|
|
Phone:
|
(804)367-8552
FAX: (866)826-8863
TDD: ()-
|
This person is the primary contact for this board.
