### Question
What is the definition of State licensed appraiser?


### Answer
The definition of **State licensed appraiser** is as follows in *12 U.S.C. § 3345*:

> an individual who has satisfied the requirements for State licensing in a State or territory whose criteria for the licensing of a real estate appraiser currently meet or exceed the minimum criteria issued by the Appraisal Qualifications Board of The Appraisal Foundation for the licensing of real estate appraisers

#### Citation:
  - *12 U.S.C. § 3345*
  - Heading: **CHAPTER 34A-APPRAISAL SUBCOMMITTEE OF FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL**

