Vermont § 3311 - Definitions As used in this chapter:
Full text of Vermont Vermont Statutes Online § 3311 — Definitions As used in this chapter:, with citation guidance and answers to common questions.
§ 3311. Definitions As used in this chapter:
- (1) “Act” means the Federal Financial Institutions Reform, Recovery, and Enforcement Act
of 1989, Pub. L. No. 101-73, as amended. (2) “Appraisal” means an analysis, opinion, or conclusion relating to the value of specified
interests in or aspects of identified real estate or identified real property. (3) “Appraisal management company” means an entity that acts as a broker in acquiring
finished appraisals from real estate appraisers licensed under this chapter and that
supplies the appraisals to third parties. (4) “Appraiser” or “real estate appraiser” means a person licensed under this chapter. (5) “AQB” means the Appraisal Qualifications Board of the Appraisal Foundation as referenced
in the Act. Under the provisions of the Act, the AQB establishes the minimum education,
experience, and examination requirements for real property appraisers to obtain a
state license or certification. (6) “ASC” means the Appraisal Subcommittee of the Federal Financial Institutions Examination
Council created pursuant to the Act. The ASC oversees the real estate appraisal process
as it relates to federally related transactions as defined in the Act. (7) “Director” means the Director of the Office of Professional Regulation. (8)(A) “Disciplinary action” means any action by any regulatory or certifying authority against
a licensed real estate appraiser or applicant premised upon a finding that the person
has engaged in unprofessional conduct. (B)
Frequently Asked Questions About Vermont § 3311
What does Vermont Statutes Online § 3311 cover?
Section 3311 ("Definitions As used in this chapter:") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 3311?
A common citation format is "Vermont Statutes Online § 3311" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 3311 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.