Wisconsin Statutes Regulation and Licensing (Ch. 440 to 480) § 458.31. Definitions

(3)(a) Except as provided in par. (b), “appraisal review” means the process of developing and communicating an opinion about the quality of another appraiser's work that was performed as part of an appraisal assignment or appraisal review assignment related to the appraiser's data collection, analysis, opinions, conclusions, estimate of value, or compliance with the Uniform Standards of Professional Appraisal Practice described in s. 458.24.

(b) “Appraisal review” does not include any of the following:

(a) An owner, officer, or director of an appraisal management company.

(b) An individual who is authorized by an appraisal management company to do all of the following:

(c) An individual who has, directly or indirectly, the power to direct or cause the direction of the management or policies of an appraisal management company.