Texas Occupations Code 1104.160 – Mandatory Reporting
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Terms Used In Texas Occupations Code 1104.160
- Appraisal: A determination of property value.
An appraisal management company that has a reasonable basis to believe an appraiser is failing to comply with the Uniform Standards of Professional Appraisal Practice in a manner that materially affects a value conclusion, violating applicable laws, or otherwise engaging in unethical or unprofessional conduct shall refer the matter to the board in the manner provided by § 1104.204.