Texas Occupations Code 1104.155 – Professional Standards
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Terms Used In Texas Occupations Code 1104.155
- Appraisal: A determination of property value.
- Rule: includes regulation. See Texas Government Code 311.005
An appraisal management company registered under this chapter shall on a periodic basis perform an appraisal review of the work of appraisers performing appraisal services for the company to ensure that the services comply with:
(1) the edition of the Uniform Standards of Professional Appraisal Practice in effect at the time of the appraisal; or
(2) other standards prescribed by board rule.