Labor
Department of Professional and Occupational Regulation
Real Estate Appraiser Board
Mandate 901
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Mandate Title:
Standards and reporting requirements for evaluations
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Purpose of legislation
Changes the definition of "evaluation" to distinguish from an appraisal performed in compliance with USPAP standards, and requires that an evaluation performed by a real estate appraiser meet certain reporting requirements.
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| Legislation mandating a change | Chap 644 (2018) |
| VAC chapters to be amended |
18 vac 130 - 20 : Real Estate Appraiser Board Rules and Regulations
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| Associated Regulatory Actions | No regulatory action has been filed. |
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Closing Explanation
At its May 22, 2018, meeting, the Board determined that rescinding Guidance Document 6220 would suffice and no additional regulatory changes are necessary.
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