Arizona Laws 32-3667. Fee; bond
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A. The deputy director shall establish the fee for appraisal management company registration by rule.
Terms Used In Arizona Laws 32-3667
- Appraisal: A determination of property value.
- Appraisal: means the act or process of developing an opinion of the value of real property in conformance with the uniform standards of professional appraisal practice published by the appraisal foundation, or any other definition used in state or federal laws. See Arizona Laws 32-3661
- Deputy director: means the deputy director of the financial institutions division of the department. See Arizona Laws 32-3601
B. The appraisal management company shall show proof of a surety bond of at least $20,000 but not more than $50,000.