Texas Register
TITLE 22 EXAMINING BOARDS
PART 8TEXAS APPRAISER LICENSING AND CERTIFICATION BOARD
CHAPTER 153RULES RELATING TO PROVISIONS OF THE TEXAS APPRAISER LICENSING AND CERTIFICATION ACT
RULE §153.33Signature or Endorsement of Appraisal
ISSUE 09/24/2010
ACTION Proposed
Preamble Texas Admin Code Rule
[(a)A person licensed or certified under the Act may not sign or endorse an appraisal that was not substantially produced by the person. For purposes of this section, an appraisal is substantially produced by a person who contributes materially and in a verifiable manner to the research or analysis that led to the final opinion of value expressed in the appraisal.]

[(b)]An [For purposes of this section, an] appraisal is deemed to have been substantially produced by a person who is certified or licensed under the Act, and that person is fully and completely responsible for the contents of the appraisal report, if the person has signed the report. [ by the appearance of his or her signature on the appraisal report and thus is fully and completely responsible for the contents of the appraisal report.]

This agency hereby certifies that the proposal has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State on September 8, 2010

TRD-201005224

Devon V. Bijansky

General Counsel

Texas Appraiser Licensing and Certification Board

Earliest possible date of adoption: October 24, 2010

For further information, please call: (512) 465-3938

 

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