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Terms Used In Iowa Code 543E.2

  • Appraisal: A determination of property value.
543E.2 Purpose and scope.
The purpose of this chapter is to protect the independence and integrity of the appraisal
process when an appraisal is provided through an appraisal management company in connection with a consumer credit transaction secured by the principal dwelling of an Iowa consumer or securitization of such a transaction.
2016 Acts, ch 1124, §2, 32