Haw. Code R. § 16-114-88 - Appraisal standards for real estate transactions

(a) For all real estate transactions requiring the services of a state licensed or certified appraiser, all appraisals shall be performed by an appropriately licensed or certified appraiser and shall, at a minimum, conform to the current USPAP.
(b) If information required or deemed pertinent to the completion of an appraisal is unavailable, that fact shall be disclosed and explained in the appraisal report.
(c) An appraiser shall perform all appraisals, review, or consulting service with impartiality, objectivity, and independence, without any direct or indirect interest in the property.

Notes

Haw. Code R. § 16-114-88
[Eff 3/11/91; am and comp 9/23/91; am and comp 4/17/98; am and comp 1/10/09; am and comp 8/27/12] (Auth: HRS § 466K-3) (Imp: HRS § 466K-3)
The amended version of this section by Hawaii Administrative Rules Listing of Filings, 2016-01, November, eff. 11/27/2016 is not yet available.

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