22 Tex. Admin. Code § 159.161 - Appraiser Panel
(a) If an appraiser
is not employed by the AMC or already a member of the AMC's panel, an AMC must
add the appraiser to the AMC's panel no later than the date on which the AMC
makes an assignment to the appraiser.
(b) To add an appraiser to a panel, the AMC
must:
(1) initiate the appropriate two-party
transaction through the Board's online panel management system, including
payment of any required fee(s); or
(2) submit a notice on a form approved by the
Board for this purpose, including the signatures of the appraiser and the AMC's
primary contact, and the appropriate fee(s).
(c) An appraiser or an AMC may terminate the
appraiser's membership on a panel by:
(1)
submitting a termination notice electronically through the Board's online panel
management system, including payment of any required fee; or
(2) submitting a notice on a form approved by
the Board for this purpose and the appropriate fee(s).
(d) If an appraiser terminates his or her
membership on a panel, the appraiser must immediately notify the AMC of the
termination. If an AMC terminates an appraiser's membership on a panel, the AMC
must immediately notify the appraiser of the termination.
(e) If an appraiser's license is suspended or
revoked, the Board will remove the appraiser from any panels on which the
appraiser is listed with no fee charged to the AMC or the appraiser.
(f) If an appraiser's license expires, the
Board will:
(1) change the appraiser's
license status the month following expiration of the license; and
(2) remove the appraiser from any panels on
which the appraiser is listed with no fee charged to the AMC or the appraiser
once the license can no longer be renewed.
Notes
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