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Appraiser Qualifications Board (AQB):
The "Appraiser Qualifications Board" (AQB) is an important organization within the appraisal profession. It is part of The Appraisal Foundation, a non-profit organization authorized by Congress to set standards for appraisers in the United States. The AQB is responsible for establishing the minimum qualifications, including education and experience, required for appraisers to obtain a license or certification in their state.
The AQB also sets the requirements for the Appraiser Trainee classification and periodically reviews the qualifications to ensure they reflect the evolving needs of the profession and protect the public's interest in reliable property valuations.
"Wit & Whimsy with the Dumb Ox: Unlocking Knowledge with Rhyme:"
In the world of appraisals, a board stands proud and tall,
The Appraiser Qualifications Board, sets standards for them all.
Part of The Appraisal Foundation, with a mission clear and bright,
To set the minimum requirements, ensuring appraisers are right.
Education, experience, for licenses they demand,
And trainee qualifications, across this great land.
So when you study real estate, and terms you'll need to learn,
Remember the Appraiser Qualifications Board, for trust in value's turn!