RCW 18.310.120
Exemptions.
(1) The provisions of this chapter do not apply to the following:
(a) An appraisal management company that is a subsidiary owned and controlled by a financial institution regulated by a federal financial institution regulatory agency; or
(b) An appraiser that enters into an agreement, whether written or otherwise, with another appraiser for the performance of an appraisal, and upon completion of the appraisal, the report of the appraiser performing the appraisal is signed by both the appraiser who completed the appraisal and the appraiser who requested the completion of the appraisal.
(2) For the purposes of this section, "federal financial institution regulatory agency" means the same as in Title 12 U.S.C. Sec. 3350.
[ 2019 c 74 § 4; 2010 c 179 § 11.]
NOTES:
Effective dates—2019 c 74: See note following RCW 18.310.040.
Structure Revised Code of Washington
Title 18 - Businesses and Professions
Chapter 18.310 - Appraisal Management Companies.
18.310.020 - Powers and duties of director.
18.310.040 - Applications—Original and renewals—Surety bonds.
18.310.050 - Out-of-state companies—Consent for service of process.
18.310.060 - Licensure—Requirements.
18.310.070 - Background investigations.
18.310.080 - Licensure—Required use of name and license number.
18.310.090 - Owner requirements.
18.310.100 - Controlling person requirements.
18.310.110 - Appraiser requirements.
18.310.140 - Disputes between appraisal management company and appraiser.
18.310.150 - Disciplinary actions—Grounds.
18.310.160 - Appraisal management company account.
18.310.170 - Uniform regulation of business and professions act.