Utah Administrative Code (Current through November 1, 2019) |
R162. Commerce, Real Estate |
R162-2e. Appraisal Management Company Administrative Rules |
R162-2e-305. Employee Requirements
Latest version.
-
(1) An AMC seeking registration shall demonstrate to the division that each person who selects an appraiser or reviews an appraiser's work for the AMC:
(a) is a licensed or certified appraiser in good standing; or
(b) has taken and passed the 15-hour national USPAP course.
(2) An AMC seeking renewal of the company's registration shall demonstrate to the division that each person who selects an appraiser or reviews an appraiser's work for the AMC:
(a) is a licensed or certified appraiser in good standing; or
(b) has completed the seven-hour national USPAP update course.