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Terms Used In Vermont Statutes Title 26 Sec. 3319

  • Act: means the Federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989, Pub. See
  • Director: means the Director of the Office of Professional Regulation. See
  • following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Office: means the Office of Professional Regulation. See
  • real estate appraiser: means a person licensed under this chapter. See

§ 3319. Temporary practice

The Director shall issue a temporary license to an individual, after filing of an application and fee, who is a certified or licensed real estate appraiser in another jurisdiction if all of the following apply:

(1) the property to be appraised is part of a federally related transaction for which a licensed or certified appraiser is required by the Act;

(2) the applicant’s business is of a temporary nature; and

(3) the applicant registers with the Office. (Added 1989, No. 264 (Adj. Sess.), § 1; amended 1991, No. 92, § 6; 1993, No. 217 (Adj. Sess.), § 8; 2019, No. 30, § 21.)