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Business and Professions Code - BPC - BPC § 11323
Business and Professions Code - BPC - BPC § 11323
No licensee shall engage in any appraisal activity if his or her compensation is dependent on or affected by the value conclusion generated by the appraisal.
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Business and Professions Code - BPC - BPC § 11324
Business and Professions Code - BPC - BPC § 11324
An individual who is not a licensee may assist in the preparation of an appraisal in a federally related transaction under the following conditions: (a) The assistance is under the direct supervision of an individual who is a licensed appraiser and the final conclusion as to valu
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Business and Professions Code - BPC - BPC § 11325
Business and Professions Code - BPC - BPC § 11325
(a) The director shall adopt regulations which determine the parameters of appraisal work which may be performed by licensed appraisers. (b) Regulations adopted by the director pursuant to this section shall, at a minimum, meet the standards established by federal financial insti
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Business and Professions Code - BPC - BPC § 11326
Business and Professions Code - BPC - BPC § 11326
(a) The county assessor shall, upon request, disclose information, furnish abstracts, copies of maps, construction permits, notices of completion, sales confirmation, and permit access to all records in the county assessor’s office or branch offices, to the Bureau of Real Estate
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Business and Professions Code - BPC - BPC § 11327
Business and Professions Code - BPC - BPC § 11327
The director shall adopt regulations governing the process and procedure of applying for a trainee license, which shall meet, at a minimum, the requirements of the Appraisal Foundation.
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Business and Professions Code - BPC - BPC § 11328
Business and Professions Code - BPC - BPC § 11328
To substantiate documentation of appraisal experience, or to facilitate the investigation of illegal or unethical activities by a licensee, applicant, or other person acting in a capacity that requires a license, that licensee, applicant, or person shall, upon the request of the
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Business and Professions Code - BPC - BPC § 11328.1
Business and Professions Code - BPC - BPC § 11328.1
If the director has a reasonable belief that a registrant, or person or entity acting in a capacity that requires a certificate of registration, has engaged in activities prohibited under this part, the director may submit a written request to the registrant, person, or entity, r
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Business and Professions Code - BPC - BPC § 11340
Business and Professions Code - BPC - BPC § 11340
The director shall adopt regulations governing the process and the procedure of applying for a license that shall include, but not be limited to, necessary experience or education, equivalency, and minimum requirements of the Appraisal Foundation, if any. (a) For purposes of the
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Business and Professions Code - BPC - BPC § 11341
Business and Professions Code - BPC - BPC § 11341
A license issued with an effective date of January 1, 2000, or later shall be valid for two years unless otherwise extended or limited by the director.
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Business and Professions Code - BPC - BPC § 11343
Business and Professions Code - BPC - BPC § 11343
(a) Each real estate appraiser license applicant and each controlling person of each applicant for registration as an appraisal management company shall submit to the Department of Justice fingerprint images and related information required by the Department of Justice via LiveSc
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Business and Professions Code - BPC - BPC § 11344
Business and Professions Code - BPC - BPC § 11344
(a) Notwithstanding Section 11341, a temporary license may be issued pending the outcome of the fingerprint and background check or as otherwise prescribed by the director. A temporary license is valid for up to 150 days. Unless otherwise prohibited pursuant to Section 17520 of t
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Business and Professions Code - BPC - BPC § 11345
Business and Professions Code - BPC - BPC § 11345
The director shall adopt regulations governing the process and procedure of applying for registration as an appraisal management company. Applications for a certificate of registration shall require, at a minimum, all of the following: (a) The name of the person or entity seeking
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Business and Professions Code - BPC - BPC § 11345.05
Business and Professions Code - BPC - BPC § 11345.05
(a) A registrant shall notify the bureau within 10 business days, on a form developed by the bureau, of any additions, deletions, or changes in the names, addresses, and contact information for the individuals listed on its application. (b) A registrant shall correct information
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Business and Professions Code - BPC - BPC § 11345.1
Business and Professions Code - BPC - BPC § 11345.1
A certificate of registration as an appraisal management company shall be valid for a period of two years, unless otherwise extended or limited by the director.
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Business and Professions Code - BPC - BPC § 11345.2
Business and Professions Code - BPC - BPC § 11345.2
(a) An individual shall not act as a controlling person for a registrant if any of the following apply: (1) The individual has entered a plea of guilty or no contest to, or been convicted of, a felony. If the individual’s felony conviction has been dismissed pursuant to Section 1
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Business and Professions Code - BPC - BPC § 11345.3
Business and Professions Code - BPC - BPC § 11345.3
All appraisal management companies shall do all of the following: (a) Ensure that all contracted appraisal panel members possess all required licenses and certificates from the bureau. (b) Establish and comply with processes and controls reasonably designed to ensure that the app
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Business and Professions Code - BPC - BPC § 11345.4
Business and Professions Code - BPC - BPC § 11345.4
No person or entity acting in the capacity of an appraisal management company shall improperly influence or attempt to improperly influence the development, reporting, result, or review of any appraisal through coercion, extortion, inducement, collusion, bribery, intimidation, co
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Business and Professions Code - BPC - BPC § 11345.45
Business and Professions Code - BPC - BPC § 11345.45
A person or entity may not structure an appraisal assignment for, or a contract with, an employee appraiser or an independent contractor appraiser for the purpose of evading the provisions of this part relating to appraisal management companies.
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Business and Professions Code - BPC - BPC § 11345.5
Business and Professions Code - BPC - BPC § 11345.5
For purposes of subdivision (d) of Section 11302 and determining whether, within a 12-month period, an appraisal management company oversees an appraiser panel of more than 15 state-certified or state-licensed appraisers in a state or 25 or more state-certified or state-licensed
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Business and Professions Code - BPC - BPC § 11345.6
Business and Professions Code - BPC - BPC § 11345.6
(a) No appraisal management company may alter, modify, or otherwise change a completed appraisal report submitted by an appraiser. (b) No appraisal management company may require an appraiser to provide it with the appraiser’s digital signature or seal. However, nothing in this s
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Business and Professions Code - BPC - BPC § 11345.7
Business and Professions Code - BPC - BPC § 11345.7
No person or entity preparing an appraisal or performing appraisal management functions in connection with the origination, modification, or refinancing of a mortgage loan shall have a prohibited direct or indirect interest, financial or otherwise, in the property or the transact
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Business and Professions Code - BPC - BPC § 11345.8
Business and Professions Code - BPC - BPC § 11345.8
A federally regulated appraisal management company operating in California shall report to the bureau the information the bureau is required to submit to the Appraisal Subcommittee, pursuant to the Appraisal Subcommittee’s policies regarding the determination of the Appraisal Man
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Business and Professions Code - BPC - BPC § 11346
Business and Professions Code - BPC - BPC § 11346
The provisions of this part relating to appraisal management companies shall cease to be operative 60 days after the effective date of a federal law that mandates the registration or licensing of appraisal management companies with an entity other than the state regulatory author
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Business and Professions Code - BPC - BPC § 11347
Business and Professions Code - BPC - BPC § 11347
(a) The bureau may request that a licensee identify their race, ethnicity, sexual orientation, gender, or gender identity. The data may be requested when an initial license is issued or at the time of license renewal. (b) The bureau shall maintain the confidentiality of the infor
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Business and Professions Code - BPC - BPC § 11350
Business and Professions Code - BPC - BPC § 11350
The director shall adopt regulations governing the process and procedure of applying for reciprocity, which shall meet, at a minimum, the requirements of the Appraisal Subcommittee.