The Appraisal Foundation Boards

Board of Trustees

The Appraisal Foundation is directed by a Board of Trustees (BOT) that is responsible for the governance of the organization. The BOT appoints members and provides financial support and oversight to two independent Boards: the Appraiser Qualifications Board and the Appraisal Standards Board.

Appraisal Standards Board

Under the provisions of Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA), the Appraisal Standards Board (ASB) is responsible for writing, amending, and interpreting the Uniform Standards of Professional Appraisal Practice (USPAP).

Appraiser Qualifications Board

Under the provisions of Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA), the Appraiser Qualifications Board (AQB) establishes the Real Property Appraiser Qualification Criteria (Criteria), or the minimum education, experience and examination requirements for real property appraisers to obtain a state certification.

The Appraisal Foundation Panels

Business Valuation
Resource Panel

The purpose of the Business Valuation Resource Panel (BVRP) is to provide a permanent assembly of representatives from diverse sub-specializations within the business valuation discipline so The Appraisal Foundation's Board of Trustees has a centralized ongoing communication with representatives from the business valuers; and benefits from information, advice and recommendations developed by the Resource Panel on issues relevant to the discipline.

Personal Property
Resource Panel

The institution of the Personal Property Resource Panel (PPRP) will enhance the work and overall profile of The Appraisal Foundation as a multi-disciplinary organization, as well as help to associate the Personal Property discipline with The Appraisal Foundation’s mission to maintain and enhance the public trust in the valuation profession.