: Texas Register

Texas Register

TITLE 22	EXAMINING BOARDS
PART 8	TEXAS APPRAISER LICENSING AND CERTIFICATION BOARD
CHAPTER 159	RULES RELATING TO THE PROVISIONS OF THE TEXAS APPRAISAL MANAGEMENT COMPANY REGISTRATION AND REGULATION ACT
RULE §159.154	Competency of Appraisers
ISSUE	09/01/2017
ACTION	Proposed

Preamble

Texas Admin Code Rule

(a)For purposes of §1104.154 of the AMC Act and this section, the term "assignment" means an appraisal assignment. This term does not include an appraisal review assignment.

(b)[~~(a)~~] In addition to verifying an appraiser's licensure as required by §1104.152 of the AMC Act, an AMC must, at the time of or before making an assignment to an appraiser, obtain a written certification from the appraiser that the appraiser:

(1)is competent in the property type of the assignment;

(2)is competent in the geographical area of the assignment;

(3)has access to appropriate data sources for the assignment;

(4)will immediately notify the AMC if the appraiser later determines that he or she is not qualified under paragraph (1), (2), or (3) of this subsection to complete the assignment; and

(5)is aware that misrepresentation of competency is subject to the mandatory reporting requirement in §1104.160 of the AMC Act.

(c)[~~(b)~~] An AMC that has reviewed an appraiser's work must consider the findings of the review in verifying competency for the purpose of assigning future work.

(d)[~~(c)~~] For the purposes of verifying that an appraiser has not had a license denied in another jurisdiction, an AMC may rely on information provided by the appraiser.

The agency certifies that legal counsel has reviewed the proposal and found it to be within the state agency's legal authority to adopt.

Filed with the Office of the Secretary of State on August 16, 2017

TRD-201703176

Kristen Worman

General Counsel

Texas Appraiser Licensing and Certification Board

Earliest possible date of adoption: October 1, 2017

For further information, please call: (512) 936-3652

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