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 09/19/2014
ACTION Proposed
Preamble Texas Admin Code Rule

(a)In addition to verifying an appraiser's licensure [or certification] 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.

(b)An AMC that has reviewed an appraiser's work must [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.

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 September 8, 2014

TRD-201404276

Kristen Worman

General Counsel

Texas Appraiser Licensing and Certification Board

Earliest possible date of adoption: October 19, 2014

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