30 Miss. Code. R. 1501-8.1 - Review Appraisals
1. When a real
estate appraisal is prepared by a real estate appraiser Licensed pursuant to
§
73-34-17
of the Mississippi Real Estate Appraiser Licensing and Certification Act, the
appraisal cannot become certified unless co-signed (co-authored) by a State
Certified Residential real estate appraiser or a State Certified General real
estate appraiser. A review appraisal prepared pursuant to Standard 3, Uniform
Standards of Professional Appraisal Practice, or otherwise defined as a review
appraisal will not be sufficient to categorize the appraisal as certified.
2. The appointed members,
ex-officio member and staff of the board, who are state licensed or certified
real estate appraisers, shall be exempt from the requirements of Standard 3 of
the Uniform Standards of Professional Appraisal Practice (USPAP) when
performing review assignments, in their official capacity, of matters relating
to real estate appraisal standards, real estate appraiser qualifications,
testing standards and disciplinary functions.
Notes
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