Sec. 1104.152. VERIFICATION OF LICENSURE OR CERTIFICATION. An appraisal management company registered under this chapter must verify that an individual to whom the company is making an assignment for the completion of an appraisal:
(1) is licensed or certified under Chapter 1103; and
(2) has not had a license or certificate as an appraiser denied, revoked, or surrendered in lieu of revocation since the last time the company made an assignment for an appraisal to the appraiser.
Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.
Structure Texas Statutes
Title 7 - Practices and Professions Related to Real Property and Housing
Subtitle A - Professions Related to Real Estate
Chapter 1104 - Appraisal Management Companies
Subchapter D. Practice by Appraisal Management Company
Section 1104.151. Employment of Certain Persons Prohibited
Section 1104.152. Verification of Licensure or Certification
Section 1104.153. Appraisal Review
Section 1104.154. Competency of Appraisers
Section 1104.155. Professional Standards
Section 1104.156. Business Records
Section 1104.157. Compensation of Appraisers
Section 1104.158. Statement of Fees
Section 1104.159. Disclosure of Registration Number
Section 1104.160. Mandatory Reporting