| (a) A license holder must compensate the appraisers
on the panel based on a compensation policy, established by the license
holder, that provides for customary and reasonable fees by taking
into consideration the requirements of and any presumptions available
under federal law.
(b) A license holder must reassess its compensation
policy at least annually and shall retain, for a period of five years,
records of all compensation information that formed the basis for
the policy.
(c) A license holder must make any fee schedule adopted
under its compensation policy available to each appraiser on its panel.
(d) A license holder may not require an appraiser to
sign a certification that a fee for an assignment is customary and
reasonable.
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