(a) Membership in appraisal organizations. A state-certified appraiser
or a state-licensed appraiser may not be excluded from consideration
for an assignment for a federally related transaction solely by virtue
of membership or lack of membership in any particular appraisal organization.
(b) Competency. All
staff and fee appraisers performing appraisals in connection with
federally related transactions must be state-certified or -licensed,
as appropriate. However, a state-certified or -licensed appraiser
may not be considered competent solely by virtue of being certified
or licensed. Any determination of competency shall be based upon the
individual’s experience and educational background as they relate
to the particular appraisal assignment for which he or she is being
considered.
