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Appraisers mull tougher grades.


The Appraiser A person selected or appointed by a competent authority or an interested party to evaluate the financial worth of property.

Appraisers are frequently appointed in probate and condemnation proceedings and are also used by banks and real estate concerns to determine the market
 Qualifications Board (AQB AQB Appraiser Qualifications Board
AQB Army Qualification Battery
AQB Aviation Fire Control Technician Bomb Director (US Navy rank)
AQB Acquisition de Qualification de Base
AQB Air Quenching Breaker
AQB Average Quarterly Billing
), an independent Board of The Appraisal Foundation with congressional authority to develop the minimum criteria for real property appraisers, has released an exposure draft that proposes an increase in the minimum qualification criteria for state licensed and certified See certification.  appraisers entering the valuation profession in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .

The Exposure Draft on Proposed Modifications to the Real Property Appraiser Qualification Criteria is the fifth such draft issued in a series of pending changes to the Criteria. These proposed changes include:

Increases in the qualifying education requirements for Licensed Residential, Certified Residential, and Certified General appraisers to 150 hours, 200 hours and 300 hours respectively;

College-level education requirements for Certified Residential and Certified General appraisers.

The AQB is requesting public comment on the document by October 22, 2003.

Copies of the exposure draft are available on the Foundation Web site at www.appraisalfoundation.org. Comments may be made in writing to: The Appraisal Foundation, Attn: AQB Comments, 1029 Vermont Avenue Vermont Avenue is one of the longest running north/south streets in Los Angeles. Located just west of the Harbor Freeway for the major portion south of downtown Los Angeles, it starts in Griffith Park at the Greek Theatre in the Los Feliz neighborhood as a one-lane divided road (it , NW, Suite 900, Washington, DC 20005.

Comments may also be submitted via facsimile to 202.347.7727 or by email. For additional information, please visit www.appraisalfoundation.org.
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Article Details
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Title Annotation:Appraiser Qualifications Board standards
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 15, 2003
Words:191
Previous Article:Real estate: finance.
Next Article:CB Richard Ellis.(New York)(Arch Insurance Co. signs lease)(Brief Article)
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