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Appraisers deadline approaches.

The Appraisal Foundation is in the midst of its annual search for qualified candidates to serve on the Board of Trustees, the Appraiser Qualifications Board (AQB) and the Appraisal Standards Board (ASB).

The deadline for submission of applications for service on one of The Appraisal Foundation's three boards is fast approaching on August 15, 2006.

There are four At-Large Trustee seats available on the Board of Trustees this year, with three incumbents eligible for re-appointment. The Board of Trustees of The Appraisal Foundation is charged with funding the work of and appointing members to the AQB and ASB, as well as providing oversight of these two Boards.

The Board of Trustees meets twice a year, in the Spring and Fall. Trustees are reimbursed for travel expenses and are not compensated for their time. The Board of Trustees is particularly interested in individuals who represent consumer interest groups. Individuals selected for positions on the Board of Trustees will serve three-year terms commencing January 1, 2007.

There are four vacancies on the Appraisal Standards Board (ASB), with three incumbents eligible for reappointment.

The ASB is charged with developing, interpreting and amending the Uniform Standards of Professional Appraisal Practice (USPAP). Familiarity with USPAP is a pre-requisite of service on the ASB and a minimum of ten years of appraisal experience is required. The ASB meets four to five times per year for up to approximately fifteen days total. Individuals serving on the ASB are compensated for their time and are reimbursed for travel expenses. Individuals selected for a position on the ASB will serve a term of up to three-years commencing January 1, 2007.

There are three vacancies on the Appraiser Qualifications Board (AQB), with two incumbents eligible for reappointment.

The AQB is responsible for setting minimum qualification criteria for state licensure and certification of real estate appraisers and has established voluntary qualification criteria for personal property appraisers. Familiarity with appraiser qualifications is a prerequisite of service on the AQB, and a minimum of ten years of appraisal experience is required. The AQB meets four to five times per year for up to approximately fifteen days total. Individuals serving on the AQB are compensated for their time and are reimbursed for travel expenses. Individuals selected for the AQB positions will serve a term of up to three-years commencing January 1, 2007.

The Appraisal Foundation is interested in expanding the diversity of all Boards by considering applications from business leaders with an interest in valuation or involved in various appraisal disciplines.

Application packages for all positions outlined above are now available on-line at the Foundation web site www.appraisalfoundation.org or email anne@appraisalfoundation.org
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Aug 9, 2006
Words:441
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