Action:
Amending regulation to incorporate federally mandated changes 2009
Action 3126
General Information
Action Summary |
Under the provisions of Title XI of the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA), the Appraiser Qualifications Board (AQB), establishes the minimum education, experience and examination requirements for real property appraisers to obtain state licensure or certification. During the May 2009, Appraisal Subcommittee (ASC) field review, Board staff was informed that the four types of appraisal “Experience” definitions in 18 VAC 130-20-10 of the Board’s Regulations do not comply with the AQB requirements for experience that went into effect on January 1, 2008. The regulations are being amended to comply with the federal requirements. |
Chapters Affected |
Only affects this chapter.
|
Executive Branch Review |
This Action is exempt from Article 2 of the Administrative Process Act.
The normal executive branch review process is not required. As such, it can be submitted directly for publication and
is effective upon publication.
Exempt Citation:
As this action is conform Virginia regulations to federal AQB requirements, it is an exempt action pursuant to 4.c of Section 2.2-4006 of the Code of Virginia.
|
RIS Project |
Yes [002115] |
New Periodic Review |
This action will not be used to conduct a new periodic review.
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Stages
Stages associated with this regulatory action.
Stage ID |
Stage Type |
Status |
5263
|
Final
|
Stage complete. This regulation became effective on 11/01/2009. |
Contact Information
Name / Title:
|
Anika Coleman
/
Executive Director
|
Address:
|
9960 Mayland Drive, Suite 400
Richmond, VA 23233
|
Email Address:
|
reappraisers@dpor.virginia.gov
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Phone:
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(804)367-8552
FAX: (866)826-8863
TDD: ()-
|
This person is the primary contact for this board.