Any employee or independent contractor of the appraisal management company who performs an appraisal review service on an appraisal done on real property located within Tennessee must be an individual who holds a license as defined in § 62-39-102 or certification as defined in § 62-39-102. Letters of engagement shall include instructions to the appraiser to decline the appraisal review assignment in the event the appraiser is not geographically competent or the assignment falls outside the appraiser's scope of practice restrictions.
Structure 2021 Tennessee Code
Title 62 - Professions, Businesses and Trades
Chapter 39 - State Licensing and Certified Real Estate Appraisers Law
Part 4 - Tennessee Appraisal Management Company Registration and Regulation Act
§ 62-39-405. Application for Registration
§ 62-39-406. Length of Validity of Registration
§ 62-39-407. Completion of Irrevocable Uniform Consent to Service of Process
§ 62-39-411. Appraisal Management Company Restrictions
§ 62-39-416. Biennial Certification of System for Periodic Appraisal Review
§ 62-39-420. Prohibited Requirements
§ 62-39-421. Payment Deadlines to Appraisers
§ 62-39-425. Grounds for Censure, Suspension or Revocation of Registration
§ 62-39-426. Adjudicatory Proceedings