Sec. 1104.155. PROFESSIONAL STANDARDS. An appraisal management company registered under this chapter shall on a periodic basis perform an appraisal review of the work of appraisers performing appraisal services for the company to ensure that the services comply with:
(1) the edition of the Uniform Standards of Professional Appraisal Practice in effect at the time of the appraisal; or
(2) other standards prescribed by board rule.
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