Wash. Admin. Code § 308-409-090 - Valuation independence standards

(1) Appraisal management companies shall select an appraiser who is independent of the transaction and who has the requisite education, expertise, and experience necessary to competently complete the appraisal assignment for the particular market and property type; and
(2) Appraisal management companies shall conduct appraisal management services in accordance with the requirements of the Truth in Lending Act, 15 U.S.C. Secs. 1601-1667.

Notes

Wash. Admin. Code § 308-409-090
Adopted by WSR 16-21-061, Filed 10/14/2016, effective 11/14/2016

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.