Tennessee Statutes

§ 62-39-421 — Payment deadlines to appraisers

Tennessee·Title 62
Each appraisal management company shall, except in cases of breach of contract or substandard performance of services, make payment to an appraiser for the completion of an appraisal or valuation assignment within sixty (60) days, unless a mutually agreed upon alternate payment schedule exists, from when the appraiser transmits or otherwise provides the completed appraisal or valuation study to the appraisal management company or its assignee.

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Legislative History

Acts 2010, ch. 963, § 22.

Nearby Sections

15
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