Texas Register

TITLE 22 EXAMINING BOARDS
PART 8TEXAS APPRAISER LICENSING AND CERTIFICATION BOARD
CHAPTER 159RULES RELATING TO THE PROVISIONS OF THE TEXAS APPRAISAL MANAGEMENT COMPANY REGISTRATION AND REGULATION ACT
RULE §159.154Competency of Appraisers
ISSUE 09/02/2011
ACTION Proposed
Rule Withdrawn: 10/28/2011
Preamble Texas Admin Code Rule

(a)In addition to verifying an appraiser's licensure or certification as required by §1104.152 of the Act, an AMC must, 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; and

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

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

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

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 August 22, 2011

TRD-201103388

Devon V. Bijansky

General Counsel

Texas Appraiser Licensing and Certification Board

Earliest possible date of adoption: October 2, 2011

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



Next Page Previous Page

Link to Texas Secretary of State Home Page | link to Texas Register home page | link to Texas Administrative Code home page | link to Open Meetings home page