                                 CODE OF VIRGINIA

ADDITIONAL LICENSES (§ 54.1-2016)

A. The Board may establish in regulations other categories of licensure, as well
as the conditions required for such licensure, in order to safeguard the public
interest or as may be required to satisfy any additional qualification criteria
adopted by any federal agency or instrumentality.

B. Unless expressly prohibited by federal law or regulation, an individual who
is certified or licensed as a real estate appraiser in another jurisdiction may
obtain a Virginia real estate appraiser&#8217;s license if (i) the Board
determines that the requirements for certification or licensure, as the case may
be, in such jurisdiction are substantially equivalent to the requirements for
licensure under this chapter, and (ii) the applicant meets such other
requirements as may be established by the Board.

C. In accordance with Title 11, &#xA7; 1122 (a) of the Financial Institutions
Reform, Recovery and Enforcement Act of 1989 (12 U.S.C. &#xA7; 3351 (a)), the
Board shall adopt regulations that provide for temporary practice in Virginia by
appraisers licensed or certified by another state.

HISTORY: 1990, c. 459.