section .0400 – appraisal management company general practices

21 NCAC 57D .0401         BUSINESS PRACTICES

An appraisal management company may not:

(1)           prohibit an appraiser from stating on an appraisal the fee the appraiser was paid by the company for the appraisal;

(2)           prohibit an appraiser from stating on an appraisal the appraiser's primary business address; or

(3)           prohibit an appraiser from informing a property owner, lender, or any other person or entity the appraiser's primary business address.

History Note:        Authority G.S. 93E-2-3; 93E-7;

Eff. January 1, 2011;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. October 3, 2017.