The director shall, by regulation, establish the fees to be imposed on appraisal management companies. The fees shall be sufficient to cover the costs incurred by the bureau in administering the changes to this part made by the act adding this section.

(Amended by Stats. 2021, Ch. 431, Sec. 55. (SB 800) Effective January 1, 2022.)

Terms Used In California Business and Professions Code 11406.5

  • Appraisal: A determination of property value.