Texas Statutes (Last Updated: January 4, 2014) |
OCCUPATIONS CODE |
Title 7. PRACTICES AND PROFESSIONS RELATED TO REAL PROPERTY AND HOUSING |
Subtitle A. PROFESSIONS RELATED TO REAL ESTATE |
Chapter 1104. APPRAISAL MANAGEMENT COMPANIES |
Subchapter D. PRACTICE BY APPRAISAL MANAGEMENT COMPANY |
Sec. 1104.155. PROFESSIONAL STANDARDS
Latest version.
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An appraisal management company registered under this chapter shall on a periodic basis perform an appraisal review of the work of appraisers performing appraisal services for the company to ensure that the services comply with:
(1) the edition of the Uniform Standards of Professional Appraisal Practice in effect at the time of the appraisal; or
(2) other standards prescribed by board rule.
Added by Acts 2011, 82nd Leg., R.S., Ch. 256 , Sec. 2, eff. September 1, 2011.