California § 11324. 11324. (Amended by Stats. 2017, Ch. 429, Sec. 64.)

California Statutes

§ 11324. — 11324. (Amended by Stats. 2017, Ch. 429, Sec. 64.)

California § 11324.

JurisdictionCalifornia

Code BPCBusiness and Professions Code - BPC

Div. 4.DIVISION 4. REAL ESTATE

Part 3.PART 3. LICENSING AND CERTIFICATION OF REAL ESTATE APPRAISERS

Ch. 3.CHAPTER 3. Scope of Practice

This text of California § 11324. (11324. (Amended by Stats. 2017, Ch. 429, Sec. 64.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Business and Professions Code - BPC Code § 11324. (2026).

Text

An individual who is not a licensee may assist in the preparation of an appraisal in a federally related transaction under the following conditions:

(a)The assistance is under the direct supervision of an individual who is a licensed appraiser and the final conclusion as to value is made by a licensed appraiser.

(b)The final appraisal document in a federally related transaction is approved and signed, with acceptance of full responsibility, by the supervising individual who is licensed by the state pursuant to this part, identifies the assisting individual, and identifies the scope of work performed by the individual who assisted in preparation of the appraisal in a federally related transaction.

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An individual who is not a licensee may assist in the preparation of an appraisal in a federally related transaction under the following conditions:
(a)
The assistance is under the direct supervision of an individual who is a licensed appraiser and the final conclusion as to value is made by a licensed appraiser.
(b)
The final appraisal document in a federally related transaction is approved and signed, with acceptance of full responsibility, by the supervising individual who is licensed by the state pursuant to this part, identifies the assisting individual, and identifies the scope of work performed by the
individual who assisted in preparation of the appraisal in a federally related transaction.

Legislative History

Amended by Stats. 2017, Ch. 429, Sec. 64. (SB 547) Effective January 1, 2018.

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Bluebook (online)

California § 11324., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/BPC/11324..