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24.207.404    APPRAISAL REVIEW

(1) A licensed or certified appraiser who serves on the Board of Real Estate Appraisers is exempt from writing an appraisal review in accordance with Uniform Standards of Professional Appraisal Practice (USPAP) as promulgated by The Appraisal Foundation Standards Rule 3 in the performance of their board duties.

(2) Implementation of disciplinary proceedings necessitates a Standard 3 review before action can be taken.

 

 

 

 

History: 37-1-131, 37-54-105, MCA; IMP, 37-54-105, MCA; NEW, 2000 MAR p. 2301, Eff. 8/25/00; AMD, 2000 MAR p. 3521, Eff. 12/22/00; TRANS, from Commerce, 2001 MAR p. 1331; AMD, 2007 MAR p. 203, Eff. 2/9/07.
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