(a) Upon the verified complaint, in writing, of any person concerning a violation by an appraisal management company of the provisions of sections 20-529 to 20-529c, inclusive, the Department of Consumer Protection may investigate such company. Upon a determination by the commissioner that an appraisal management company has made any materially false, fictitious or fraudulent statement or violated any provision of sections 20-529 to 20-529c, inclusive, the commissioner may deny, refuse to renew, suspend or revoke a certificate of registration issued in accordance with section 20-529 and may impose a civil penalty of not more than twenty-five thousand dollars.
(b) Before denying, refusing to renew, suspending or revoking a certificate of registration or imposing any civil penalty, the commissioner shall give notice and afford an opportunity for hearing in accordance with chapter 54.
(c) Any person aggrieved by any decision or order of the commissioner under this section may appeal therefrom in accordance with section 4-183.
(P.A. 10-77, S. 6.)
Structure Connecticut General Statutes
Chapter 400g - Real Estate Appraisers and Appraisal Management Companies
Section 20-500. - Definitions.
Section 20-501. - Certification or provisional license requirement.
Section 20-502. - Real Estate Appraisal Commission.
Section 20-503. - Duties of the Real Estate Appraisal Commission.
Section 20-504. - Regulations.
Section 20-505. - Bond for the chairperson.
Section 20-506. - Deposit of fees.
Section 20-508. - Application for appraiser certification or provisional license.
Section 20-510. - Competency of applicant. Examination.
Section 20-513. - Validity of certification or provisional license.
Section 20-514. - Grounds for refusal of certification or provisional license.
Section 20-516. - Evidence of real estate appraiser status. Fee.
Section 20-517. - Renewals. Continuing education requirements. Regulations. Certification.
Section 20-518. - Suspension or revocation of certification or provisional license. Fines.
Section 20-519. - Notice and hearing. Refusal, suspension or revocation of certification or license.
Section 20-521. - Revocation of certification or provisional license upon conviction of crime.
Section 20-522. - Misrepresentation; penalty.
Section 20-524. - Report to Governor.
Section 20-525. - Periodic publication of information and material.
Section 20-527. - Federal transactions.
Section 20-528. - Regulations. Effective date.
Section 20-529. - Registration of appraisal management companies. Fees.
Section 20-529c. - Removal of appraiser from appraiser panel. Appraiser complaints.