{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/54.1-2017.1.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/54.1-2017.1.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/54.1-2017.1.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/54.1-2017.1.html"}],"law_id":82853,"edition_id":1,"section_id":82853,"structure_id":14108,"section_number":"54.1-2017.1","catch_line":"Evaluation requirements; report","history":"2018, c. 644.","full_text":"A\n\nAny evaluation, as defined in &#xA7; 54.1-2009, shall contain the statement: &#8220;This is not an appraisal performed in accordance with the Uniform Standards of Professional Appraisal Practice.&#8221;B\n\nThe evaluation report may be prepared in any reporting format, provided that (i) the reporting format meets the requirements as set forth in the Interagency Appraisal and Evaluation Guidelines promulgated by the Office of the Comptroller of the Currency et al. (75 F.R. 77450) and (ii) the evaluation report contains sufficient information in clear and understandable language to allow a person to understand the opinion of the market value of real property or real estate.","order_by":null,"text":{"0":{"id":297006,"text":"Any evaluation, as defined in &#xA7; 54.1-2009, shall contain the statement: &#8220;This is not an appraisal performed in accordance with the Uniform Standards of Professional Appraisal Practice.&#8221;","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":297007,"text":"The evaluation report may be prepared in any reporting format, provided that (i) the reporting format meets the requirements as set forth in the Interagency Appraisal and Evaluation Guidelines promulgated by the Office of the Comptroller of the Currency et al. (75 F.R. 77450) and (ii) the evaluation report contains sufficient information in clear and understandable language to allow a person to understand the opinion of the market value of real property or real estate.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":14108,"edition_id":1,"name":"Real Estate Appraisers","identifier":"20.1","label":"chapter","depth":3,"order_by":1,"parent_id":12755,"metadata":{},"date_created":"2026-06-26 03:46:54","date_modified":"2026-06-26 03:46:54","permalink":{"id":239827,"object_type":"structure","relational_id":14108,"identifier":"20.1","token":"54.1\/II\/20.1","url":"\/54.1\/II\/20.1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12755,"edition_id":1,"name":"Professions and Occupations Regulated by the Department of Professional and Occupational Regulation and Boards Within the Department","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12754,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":239415,"object_type":"structure","relational_id":12755,"identifier":"II","token":"54.1\/II","url":"\/54.1\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12754,"edition_id":1,"name":"Professions and Occupations","identifier":"54.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":239313,"object_type":"structure","relational_id":12754,"identifier":"54.1","token":"54.1","url":"\/54.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":87406,"structure_id":14108,"section_number":"54.1-2009","catch_line":"Definitions","url":"\/54.1-2009\/","token":"54.1\/II\/20.1\/54.1-2009","metadata":false},{"id":80313,"structure_id":14108,"section_number":"54.1-2010","catch_line":"Exemptions from licensure","url":"\/54.1-2010\/","token":"54.1\/II\/20.1\/54.1-2010","metadata":false},{"id":65254,"structure_id":14108,"section_number":"54.1-2011","catch_line":"Necessity for license","url":"\/54.1-2011\/","token":"54.1\/II\/20.1\/54.1-2011","metadata":false},{"id":61302,"structure_id":14108,"section_number":"54.1-2012","catch_line":"Real Estate Appraiser Board; membership; chairman; meetings; seal","url":"\/54.1-2012\/","token":"54.1\/II\/20.1\/54.1-2012","metadata":false},{"id":56882,"structure_id":14108,"section_number":"54.1-2013","catch_line":"General powers of Real Estate Appraiser Board; regulations; educational requirements for licensure","url":"\/54.1-2013\/","token":"54.1\/II\/20.1\/54.1-2013","metadata":false},{"id":85907,"structure_id":14108,"section_number":"54.1-2013.1","catch_line":"Expired","url":"\/54.1-2013.1\/","token":"54.1\/II\/20.1\/54.1-2013.1","metadata":false},{"id":68635,"structure_id":14108,"section_number":"54.1-2013.2","catch_line":"Practical Applications of Real Estate Appraisal Program experience accepted","url":"\/54.1-2013.2\/","token":"54.1\/II\/20.1\/54.1-2013.2","metadata":false},{"id":66646,"structure_id":14108,"section_number":"54.1-2014","catch_line":"Continuing education","url":"\/54.1-2014\/","token":"54.1\/II\/20.1\/54.1-2014","metadata":false},{"id":66689,"structure_id":14108,"section_number":"54.1-2015","catch_line":"Subpoena power","url":"\/54.1-2015\/","token":"54.1\/II\/20.1\/54.1-2015","metadata":false},{"id":82146,"structure_id":14108,"section_number":"54.1-2016","catch_line":"Additional licenses","url":"\/54.1-2016\/","token":"54.1\/II\/20.1\/54.1-2016","metadata":false},{"id":59132,"structure_id":14108,"section_number":"54.1-2017","catch_line":"Use of terms \"Licensed Residential Real Estate Appraiser,\" \"Certified Residential Real Estate Appraiser,\" and \"Certified General Real Estate Appraiser\"; authentication of reports","url":"\/54.1-2017\/","token":"54.1\/II\/20.1\/54.1-2017","metadata":false},{"id":82853,"structure_id":14108,"section_number":"54.1-2017.1","catch_line":"Evaluation requirements; report","url":"\/54.1-2017.1\/","token":"54.1\/II\/20.1\/54.1-2017.1","metadata":false},{"id":55240,"structure_id":14108,"section_number":"54.1-2018","catch_line":"Roster of appraisers","url":"\/54.1-2018\/","token":"54.1\/II\/20.1\/54.1-2018","metadata":false},{"id":80174,"structure_id":14108,"section_number":"54.1-2019","catch_line":"Consent to suits and service of process of nonresidents; manner of service","url":"\/54.1-2019\/","token":"54.1\/II\/20.1\/54.1-2019","metadata":false}],"previous_section":{"id":59132,"structure_id":14108,"section_number":"54.1-2017","catch_line":"Use of terms \"Licensed Residential Real Estate Appraiser,\" \"Certified Residential Real Estate Appraiser,\" and \"Certified General Real Estate Appraiser\"; authentication of reports","url":"\/54.1-2017\/","token":"54.1\/II\/20.1\/54.1-2017","metadata":false},"next_section":{"id":55240,"structure_id":14108,"section_number":"54.1-2018","catch_line":"Roster of appraisers","url":"\/54.1-2018\/","token":"54.1\/II\/20.1\/54.1-2018","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/54.1-2017.1\/","history_text":"<p>This law was first created in 2018. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?181+ful+CHAP0644\">644<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":[{"id":87406,"section_number":"54.1-2009","catch_line":"Definitions","order_by":null,"url":"\/54.1-2009\/"}],"permalink":{"id":239873,"object_type":"law","relational_id":82853,"identifier":"54.1-2017.1","token":"54.1\/II\/20.1\/54.1-2017.1","url":"\/54.1-2017.1\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/54.1-2017.1\/","token":"54.1\/II\/20.1\/54.1-2017.1","dublin_core":{"Title":"Evaluation requirements; report","Type":"Text","Format":"text\/html","Identifier":"\u00a7 54.1-2017.1","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> Any <span class=\"dictionary\">evaluation<\/span>, as defined in &#xA7; <a class=\"law\" title=\"Definitions\" href=\"\/54.1-2009\/\">54.1-2009<\/a>, shall contain the statement: &#8220;This is not an <span class=\"dictionary\">appraisal<\/span> performed in accordance with the Uniform Standards of Professional <span class=\"dictionary\">Appraisal<\/span> Practice.&#8221; <a id=\"paragraph-297006\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-2017.1\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> The <span class=\"dictionary\">evaluation<\/span> report may be prepared in any reporting format, provided that (i) the reporting format meets the requirements as set forth in the Interagency <span class=\"dictionary\">Appraisal<\/span> and <span class=\"dictionary\">Evaluation<\/span> Guidelines promulgated by the Office of the Comptroller of the Currency et al. (75 F.R. 77450) and (ii) the <span class=\"dictionary\">evaluation<\/span> report contains sufficient information in clear and understandable language to allow a person to understand the <span class=\"dictionary\">opinion<\/span> of the market value of <span class=\"dictionary\">real property<\/span> or <span class=\"dictionary\">real estate<\/span>. <a id=\"paragraph-297007\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-2017.1\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nEVALUATION REQUIREMENTS; REPORT (\u00a7 54.1-2017.1)\n\nA. Any evaluation, as defined in &#xA7; 54.1-2009, shall contain the statement:\n&#8220;This is not an appraisal performed in accordance with the Uniform\nStandards of Professional Appraisal Practice.&#8221;\n\nB. The evaluation report may be prepared in any reporting format, provided that\n(i) the reporting format meets the requirements as set forth in the Interagency\nAppraisal and Evaluation Guidelines promulgated by the Office of the Comptroller\nof the Currency et al. (75 F.R. 77450) and (ii) the evaluation report contains\nsufficient information in clear and understandable language to allow a person to\nunderstand the opinion of the market value of real property or real estate.\n\nHISTORY: 2018, c. 644.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}