Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 32. Professions and Occupations |
Chapter 36. REAL ESTATE APPRAISAL |
Article 3. Regulation |
Sec 32-3635. Standards of practice; unprofessional conduct
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A. A registered trainee appraiser or a state licensed or state certified appraiser shall comply with the standards of professional appraisal practice adopted by the board.
B. An appraisal or appraisal report shall not be issued by a real estate appraiser unless it meets the appraisal standards established by this chapter and rules adopted pursuant to this chapter.
C. An appraisal review report shall clearly indicate the nature of the review process undertaken and shall separate the review function from any other functions.
D. All federally related appraisals shall be in writing.
E. Failure to pay board-imposed fees and expenses authorized by section 32-3632, subsection C is unprofessional conduct as defined by uniform standards of professional appraisal practice.