New Jersey § 45:14F-42 Adoption of appraiser independence standards.

New Jersey Statutes

§ 45:14F-42 — Adoption of appraiser independence standards.

New Jersey § 45:14F-42

Title 45PROFESSIONS AND OCCUPATIONS

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Bluebook

N.J. Stat. Ann. § 45:14F-42 (2026).

Text

16.This act adopts by reference the appraiser independence standards established under section 1639e of the federal Truth in Lending Act, Pub.L.90-321 (15 U.S.C. s.1639e), including: a. the requirements for payment of customary and reasonable compensation to fee appraisers when the appraisal management company is providing services for a consumer credit transaction secured by the principal dwelling of a consumer; and b. all necessary enforcement and remedies available under the federal Truth in Lending Act, Pub.L.90-321 (15 U.S.C. s.1601 et seq.). L.2017, c.72, s.16.

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16. This act adopts by reference the appraiser independence standards established under section 1639e of the federal Truth in Lending Act, Pub.L.90-321 (15 U.S.C. s.1639e), including: a. the requirements for payment of customary and reasonable compensation to fee appraisers when the appraisal management company is providing services for a consumer credit transaction secured by the principal dwelling of a consumer; and b. all necessary enforcement and remedies available under the federal Truth in Lending Act, Pub.L.90-321 (15 U.S.C. s.1601 et seq.). L.2017, c.72, s.16.