: 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	02/03/2012
ACTION	Final/Adopted

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, 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 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 adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on January 13, 2012

TRD-201200164

Devon V. Bijansky

General Counsel

Texas Appraiser Licensing and Certification Board

Effective date: March 5, 2012

Proposal publication date: November 11, 2011

For further information, please call: (512) 936-3001

Next Page Previous Page