Louisiana Administrative Code
Title 46 - PROFESSIONAL AND OCCUPATIONAL STANDARDS
Part LXVII - Real Estate
Subpart 3 - Appraisal Management Companies
Chapter 311 - Compensation of Fee Appraisers
Section LXVII-31103 - Disclosure
Universal Citation: LA Admin Code LXVII-31103
Current through Register Vol. 50, No. 9, September 20, 2024
A. When an appraisal obtained through an appraisal management company is used for loan purposes, the borrower or loan applicant shall be provided with a written disclosure of the total compensation to the appraiser or appraisal firm within the certification body of the appraisal report that is transmitted to the client/intended end user and it shall not be redacted or otherwise obscured.
AUTHORITY NOTE: Promulgated in accordance with R.S. 37:3415.1 et seq.
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