§ 160-a. Definitions. As used in this article the following terms
shall mean:

1. "Analysis" is a study of real estate or real property other than
estimating value.

2. "Appraisal" or "real estate appraisal" means an analysis, opinion
or conclusion relating to the nature, quality, value or utility of
specified interests in, or aspects of, identified real estate. An
appraisal may be classified by subject matter into either a valuation or
an analysis.

3. "Appraisal report" means any written communication of an appraisal.

4. "Board" means the state board of real estate appraisal established
pursuant to the provisions of section one hundred sixty-c of this
article.

5. (a) "Certified appraisal" or "certified appraisal report" means an
appraisal or appraisal report given or signed and certified as such by a
certified real estate appraiser. When identifying an appraisal or
appraisal report as "certified", the state certified real estate
appraiser must indicate which type of certification is held. A certified
appraisal or appraisal report represents to the public that it meets the
appraisal standards defined in this article.

(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.