(1) An appraisal management company that is a subsidiary owned and controlled by a
financial institution that is subject to direct regulation by an agency of the United
States government or of this State.
(2) A corporation, partnership, sole proprietorship, subsidiary or other business
entity that employs real estate appraisers exclusively on an employer and employee
basis for the performance of all real property appraisal services in the normal course
of its business and that is responsible for ensuring that the real property appraisal
services being performed by its employees are being performed in accordance with Uniform
Standards of Professional Appraisal Practice and federal and state law.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.