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 AQB issues Q&As which are published periodically on the Foundation website. The AQB issues Exposure Drafts on proposed changes to the Criteria and obtains feedback at public meetings throughout the year in various regions of the country.
The AQB also establishes Personal Property Appraiser Qualification Criteria, or the minimum education, experience, and examination requirements for sponsoring membership organizations of The Appraisal Foundation who confer personal property designations. In addition, the AQB performs a number of ancillary duties related to real property and personal property appraiser qualifications, including administration of the Course Approval Program (CAP), the Real Estate Degree Review Program and the Instructor Certification Course (ICC) and Instructor Recertification Course (IRC).
You can read the AQB's Rules of Procedures here.
To view recent AQB Q&As, please visit our Q&A webpage.
The AQB is composed of five to nine members who are appointed by the BOT and may serve up to eight years. Activities of the Board are directed by the Chair, who is appointed by the BOT for a one-year term.
Brad Swinney, Chair
Jerry Yurek, Vice Chair
Shawn L. Telford
View past AQB members here.
For any questions please contact [email protected].
On January 31, 2023, the AQB released:
The exposure draft comment period is open until March 13, 2023. Comments should be submitted to https://www.surveymonkey.com/r/AQBComments.
For questions, contact [email protected].
On January 31, 2023, the AQB released the First Exposure Draft of Proposed Changes to the Criteria. More information can be found in the Exposure Draft section above.
On January 10, 2023, the AQB released two new Q&As and a compilation of all Q&As which can be found below.
On May 6, 2022, the AQB released Q&As Regarding PAREA Mentors.
On April 19, 2022, the AQB released a Q&A on the Personal Property Criteria and the 7-Hour USPAP Update Course and Partial PAREA Adoption and Experience Requirements.
The ICC Policy Statement was revised on March 15, 2022 to remove the requirement that an applicant can only attend the course 2 times in a 10-year period.
The Real Property Appraiser Qualification Criteria
Personal Property Appraiser Qualification Criteria
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 minimum education, experience, and examination requirements for real property appraisers to obtain a state license or certification.
State appraiser regulatory agencies are required to implement real property appraiser licensing and certification requirements that are no less stringent than those issued by the AQB in the Real Property Appraiser Qualification Criteria (Criteria).
The Personal Property Appraiser Qualification Criteria establishes minimum requirements for all personal property appraisers who are members of sponsoring organizations of The Appraisal Foundation. Personal property appraisers who are not members of sponsoring organizations are encouraged, but are not required, to follow the minimum education and experience recommendations established by the Criteria.