Agencies | Governor
Virginia Regulatory Town Hall
Agency
Department of Professional and Occupational Regulation
Board
Real Estate Appraiser Board
chapter
Appraisal Management Company Regulations [18 VAC 130 ‑ 30]
This action is exempt from the executive branch review process.
Action:
Amendment to incorporate federally mandated changes
 
General Information
Action Summary During its biennial compliance review of Virginia’s appraisal management company (AMC) regulatory program, the Appraisal Subcommittee (ASC) found the Board's AMC regulation governing owners with past disciplinary action did not comply with federal requirements. This action amends 18 VAC 130-30-30.F of the Board’s AMC regulations to conform to federal law by removing the 10% ownership limit and changes it to any ownership interest.
Chapters Affected Only affects this chapter.
Exempt from APA Yes, this action is exempt from Article II of the APA and executive branch review.
Exempt Citation: § 2.2-4006.A.4.c
RIS Project Yes  [006227]
Is Federal action a driving factor in this regulatory change? If so, please provide a specific reference to the law, regulation or court case.
12 CFR 34.214
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
8812 Final Stage complete. Becomes effective on 01/15/2020.
 
Contact Information
Name / Title: Christine Martine  / Board 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.