22 Tex. Admin. Code § 159.1 - Definitions
(a) AMC--Appraisal management
company.
(b) AMC Act--Chapter 1104,
Texas Occupations Code, Texas Appraisal Management Company Registration and
Regulation Act.
(c) Administrative
law judge--A judge employed by the State Office of Administrative Hearings
(SOAH).
(d) Advertising--A written
or oral statement or communication by or on behalf of an AMC that induces or
attempts to induce a member of the public to use the services of the AMC,
including but not limited to all publications, radio or television broadcasts,
all electronic media including email, text messages, social networking
websites, and the Internet, business stationery, business cards, signs and
billboards.
(e) Applicant--A person
seeking to become registered or renew a registration under the AMC
Act.
(f) Appraisal firm--An entity
that employs appraisers on an exclusive basis and receives compensation for
performing appraisals and issuing appraisal reports in its own name.
(g) Appraiser contact--A person designated by
an AMC pursuant to §1104.103(b)(6) of the AMC Act to respond to and
communicate with appraisers on the AMC's appraisal panel regarding appraisal
assignments.
(h) Board--The Texas
Appraiser Licensing and Certification Board.
(i) Executive Director --The Executive
Director of the Board.
(j) Day--A
calendar day unless clearly indicated otherwise.
(k) Federally Regulated Appraisal Management
Company--an appraisal management company as defined in §1104.003(b) of the
AMC Act.
(l) License--The whole or
a part of any Board permit, certificate, approval, registration or similar form
of permission required by Chapter 1103 or 1104, Texas Occupations
Code.
(m) License holder--A person
licensed or registered by the Board under the AMC Act.
(n) Party--The Board and each person named or
admitted as a party.
(o)
Person--Any individual, partnership, corporation, or legal entity.
(p) Primary contact--A person who meets the
definition of "controlling person" in §1104.003 of the AMC Act and is
designated by an AMC pursuant to §1104.104 of the AMC Act as the primary
contact for all communication between the Board and the AMC.
(q) Respondent--Any person subject to the
jurisdiction of the Board, registered or unregistered, against whom any
complaint has been made.
(r)
SOAH--State Office of Administrative Hearings.
(s) USPAP--Uniform Standards of Professional
Appraisal Practice.
Notes
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