: 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	12/12/2014
ACTION	Final/Adopted

Preamble

Texas Admin Code Rule

(a)In addition to verifying an appraiser's licensure 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 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 denied in another jurisdiction, an AMC may rely on information provided by the appraiser.

The agency certifies that legal counsel has reviewed the adoption and found it to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on November 24, 2014

TRD-201405675

Kristen Worman

General Counsel

Texas Appraiser Licensing and Certification Board

Effective date: December 14, 2014

Proposal publication date: September 19, 2014

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

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