Texas Administrative Code
Title 43 - TRANSPORTATION
Part 10 - TEXAS DEPARTMENT OF MOTOR VEHICLES
Chapter 215 - MOTOR VEHICLE DISTRIBUTION
Subchapter C - FRANCHISED DEALERS, MANUFACTURERS, DISTRIBUTORS, AND CONVERTERS
Section 215.117 - Market Value Property Appraisal
Universal Citation: 43 TX Admin Code ยง 215.117
Current through Reg. 49, No. 38; September 20, 2024
(a) An appraiser performing a market value property appraisal in accordance with Occupations Code, §2301.482(c) must be a Texas- certified real estate appraiser.
(b) Necessary real estate and necessary construction are each determined by the applicable property use agreement.
(c) The market value of property in accordance with Occupations Code, § 2301.482(c), is the average of the market value property appraisals of the three certified real estate appraisers.
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