Kansas § 58-4712 Appraisal review reporting

Kansas Statutes

§ 58-4712 — Appraisal review reporting

Kansas·Ch. 58 PERSONAL AND REAL PROPERTY·Art. 47 KANSAS APPRAISAL MANAGEMENT COMPANY REGISTRATION ACT

Each AMC seeking to be registered or to renew a registration in this state shall certify to the board on an annual basis on a form prescribed by the board that such AMC has a system in place to perform an appraisal review on a number or percentage of the appraisal reports submitted by each appraiser who is performing appraisals for such AMC on a periodic basis as specified in rules and regulations of the board to validate that the appraisals are being conducted in accordance with:

(a)The USPAP; and

(b)the state certified and licensed real property appraisers act and the regulations adopted thereunder.

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Each AMC seeking to be registered or to renew a registration in this state shall certify to the board on an annual basis on a form prescribed by the board that such AMC has a system in place to perform an appraisal review on a number or percentage of the appraisal reports submitted by each appraiser who is performing appraisals for such AMC on a periodic basis as specified in rules and regulations of the board to validate that the appraisals are being conducted in accordance with:
(a) The USPAP; and
(b) the state certified and licensed real property appraisers act and the regulations adopted thereunder.

Kansas § 58-4712 (Appraisal review reporting) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.