Glossary
AG - General Appraiser (commercial, agricultural)
AI - Appraisal Institute, a professional organization
AL - Licensed Appraiser
AQB - Appraiser Qualifications Board
AR - Certified Residential Appraiser
AT- Appraiser Trainee
CREA - Certified Real Estate Appraiser (designation)
CRP - Certified Relocation Professional
FNMA - (aka “Fannie Mae”) the nation's largest investor in home mortgages. Their
web site is http://www.fanniemae.com. Because they purchase one in five mortgages
in the US they have specific requirements that must be met.
IFA - Independent Fee Appraiser (designation)
MLS - Multiple Listing Service
NAIFA - National Association of Independent Fee Appraisers, a professional organization.
Their web site is www.naifa.com
OREA - Office of Real Estate Appraisers, the California state agency that sets licensing
requirements and issues Appraiser licenses. Their web site is www.orea.ca.gov .
RAA - Residential Accredited Appriaser (designation)
REAA - Real Estate Appraiser Association. The local chapter meets on the second Tuesday
of the month. Check their web site at www.reaaca.org for details.
SRIP - Small Residential Income Property
TCAF -Tri-County Appraisers Forum, a local group that meets on the second Friday
of the month at 9:00am at Denny's in Orangevale CA . For more information, contact
reaaappraiser@earthlink.net
USPAP - Uniform Standards of Professional Appraisal Practice