160-A - Definitions.

NY Exec L § 160-A (2019) (N/A)
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(b) "Licensed appraisal" or "licensed appraisal report" means an appraisal or appraisal report given or signed and authenticated as such by a licensed real estate appraiser. A licensing appraisal or appraisal report represents to the public that it meets the appraisal standards as prescribed by the board. 6. (a) "State certified real estate appraiser" means a person who develops and communicates real estate appraisal and who holds a current, valid certificate issued to him or her for either general or residential real estate under the provisions of this article.

(b) "State licensed real estate appraiser" means a person who develops and communicates real property appraisals and who holds a current valid license issued to him or her for residential real property under the provisions of this article.

(c) "State licensed real estate appraiser assistant" means a person who assists and is supervised by a state certified real estate appraiser and who holds a current valid license issued to him or her under the provisions of this article. 7. "Department" shall mean the department of state. 8."Real estate" means an identified parcel or tract of land, including improvements, if any. 9. "Real property" means one or more defined interests, benefits and rights inherent in the ownership of real estate. 10. "Valuation" is an estimate of the value of real estate or real property.