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Vermont Statutes Title 26. Professions and Occupations, § 3312. Prohibitions; penalty; exemption

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Unless licensed in accordance with the provisions of this chapter, a person shall not:

(1) perform an appraisal in a federally related transaction when a licensed or certified appraiser is required by the Act;  1 or

(2) use in connection with his or her name any letters, words, or insignia indicating that he or she is a State certified or licensed real estate appraiser.

(b) An individual who violates a provision of subsection (a) of this section shall be subject to the penalties provided in 3 V.S.A. § 127.

(c) A registered appraisal management company shall not be required to be licensed in order to acquire and provide finished appraisals to third parties.

1 Financial Institutions Reform, Recovery, and Enforcement Act of 1989, 12 U.S.C.A. § 1831e et seq.
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Cite this article: FindLaw.com - Vermont Statutes Title 26. Professions and Occupations, § 3312. Prohibitions; penalty; exemption - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-26-professions-and-occupations/vt-st-tit-26-sect-3312/

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