Virginia Regulatory Town Hall
Department of Professional and Occupational Regulation
Real Estate Appraiser Board
Appraisal Management Company Regulations [18 VAC 130 ‑ 30]
Action is Exempt from Article 2 of the Administrative Process Act
Amendment to incorporate federally mandated changes
Action 5421
General Information
Action Summary During its biennial compliance review of Virginia’s appraisal management company (AMC) regulatory program, the Appraisal Subcommittee (ASC) found the Board's AMC regulation governing owners with past disciplinary action did not comply with federal requirements. This action amends 18 VAC 130-30-30.F of the Board’s AMC regulations to conform to federal law by removing the 10% ownership limit and changes it to any ownership interest.
Chapters Affected Only affects this chapter.
Executive Branch Review This Action is exempt from Article 2 of the Administrative Process Act. The normal executive branch review process is not required. As such, it can be submitted directly for publication and is effective upon publication.
Exempt Citation: § 2.2-4006.A.4.c
RIS Project Yes  [006227]
Is Federal action a driving factor in this regulatory change? If so, please provide a specific reference to the law, regulation or court case.
12 CFR 34.214
New Periodic Review This action will not be used to conduct a new periodic review.
Stages associated with this regulatory action.
Stage ID Stage Type Status
8812 Final Stage complete. This regulation became effective on 01/15/2020.
Contact Information
Name / Title: Anika Coleman  / Executive Director
Address: 9960 Mayland Drive, Suite 400
Richmond, VA 23233
Email Address:
Phone: (804)367-8552    FAX: (866)826-8863    TDD: ()-

This person is the primary contact for this board.