Tennessee Code 62-39-323 – License or certificate number to appear on appraisal reports – Authorized use of initials
Current as of: 2024 | Check for updates
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Attorney's Note
Under the Tennessee Code, punishments for crimes depend on the classification. In the case of this section:Class | Prison | Fine |
---|---|---|
class A misdemeanor | up to 11 months | up to $2,500 |
Terms Used In Tennessee Code 62-39-323
- Appraisal: A determination of property value.
- Appraisal: means the act or process of developing an opinion of value of identified real estate. See Tennessee Code 62-39-102
- Appraisal report: means any communication, written or oral, of an opinion of value of identified real estate. See Tennessee Code 62-39-102
- Commission: means the real estate appraiser commission established pursuant to §. See Tennessee Code 62-39-102
- Contract: A legal written agreement that becomes binding when signed.
- Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
- Real estate: means an identified parcel or tract of land, including improvements, if any. See Tennessee Code 62-39-102
- Real estate appraiser: means a person who engages in real estate appraisal activity for a fee or other valuable consideration. See Tennessee Code 62-39-102
- State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
- State certified real estate appraiser: means a person who develops and communicates real estate appraisals and who holds a current, valid certificate issued to the person for either general or residential real estate under this chapter. See Tennessee Code 62-39-102
- State licensed real estate appraiser: means a person who holds a current, valid real estate appraiser license issued pursuant to this chapter. See Tennessee Code 62-39-102