North Carolina Administrative Code
Title 21 - OCCUPATIONAL LICENSING BOARDS AND COMMISSIONS
Chapter 57 - APPRAISAL BOARD
Subchapter D - APPRAISAL MANAGEMENT COMPANIES
Section .0300 - APPRAISAL MANAGEMENT COMPANY PROCEDURES
Section 57D .0312 - REQUESTING ADDITIONAL INFORMATION FROM AN APPRAISER
Current through Register Vol. 39, No. 6, September 16, 2024
An appraisal management company may request that a real estate appraiser who performs an appraisal for the appraisal management company provide additional information as follows:
(1) An appraisal management company may request that the appraiser consider additional appropriate property information including relevant sales data and property characteristics. Such request shall be made within 30 days of the date the appraisal is first transmitted by the appraiser to the appraisal management company.
(2) An appraisal management company may request that the appraiser provide further detail, substantiation, or explanation for the appraiser's value conclusion, or to correct errors in an appraisal report. There is no time limit on such requests.
(3) Any request under this Rule shall be sent to the appraiser in writing or by electronic means.
Authority
G.S.
93E-2-3;
93E-2-7;
Eff. January
1, 2011;
Amended Eff. January 1, 2013;
Pursuant to
G.S.
150B-21.3A, rule is necessary without
substantive public interest Eff. October 3,
2017.
