New Jersey Statutes
§ 45:14F-42 — Adoption of appraiser independence standards.
New Jersey·Title 45 PROFESSIONS AND OCCUPATIONS
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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Nearby Sections
15
§ 45:14F-1
Short title§ 45:14F-10
Eligibility for licensure§ 45:14F-11
Eligibility for certification.§ 45:14F-16
Payment of application fee§ 45:14F-18
Renewal of licenses, certifications.§ 45:14F-19
Examinations for licensure, certification§ 45:14F-2
Definitions