24 C.F.R. 24 CFR--PART 200
Title 24 - Housing and Urban Development
Effective Date(s): June 16, 2003, except for 200.202(b)(1) and (c), which will be announced later 2. In §200.202 revise paragraph (b)(1) and add paragraph (c) to read as follows: * * * * * (b) * * * (1) You must be a state-licensed or state-certified appraiser with credentials based on the minimum licensing/certification criteria issued by the Appraiser Qualifications Board (AQB) of the Appraisal Foundation. For purposes of this section, an appraiser is not deemed to have credentials based on AQB standards if the state licensing/certification requirements did not conform to AQB criteria at the time the appraiser obtained the license or certification. This is true even if the state has subsequently adopted AQB criteria and has “grandfathered” previously licensed or certified appraisers. * * * * * (c) Delayed effective date of AQB requirements for appraisers currently listed on the Appraiser Roster. An appraiser who is included on the Appraiser Roster on June 16, 2003, but does not meet the minimum AQB licensing/certification criteria in effect on this date, has until 12 months following this date to comply with the AQB criteria and submit evidence of compliance to HUD. Failure to submit such evidence to HUD by the deadline date constitutes cause for removal under §200.204.
Amendment from May 16, 2003
24 CFR--PART 200
Amendment(s) published May 16, 2003, in 68 FR 26949
§ 200.202 How do I apply for placement on the Appraiser Roster?
