§ 104.305. Appraiser III.

An Appraiser III is permitted to appraise:

(a) the fee interest or leasehold interest in existing or proposed residential properties; and

(b) the fee interest or leasehold interest in developed or undeveloped land zoned for residential use only.

An Appraiser III is permitted to assist, for training purposes, an Appraiser IV in appraising such other types of real property as an Appraiser IV might appraise. Such other appraisals must be signed by both the Appraiser III and the Appraiser IV. The Appraiser IV must personally inspect the property and prepare the certification required under Section 104.312.

HISTORY

1. Change without regulatory effect renumbering former Section 122.5 to Section 104.305 (Register 87, No. 14). For prior history, see Register 82, No. 49.

2. Amendment of subsection (b) filed 8-23-88; operative 9-22-88 (Register 88, No. 35).

Note

Note: Authority cited: Section 8053, Financial Code. Reference: Section 7500, Financial Code.