Texas § 1104.157 COMPENSATION OF APPRAISERS.

Texas Statutes

§ 1104.157 — COMPENSATION OF APPRAISERS.

Texas § 1104.157

Code OCOccupations Code

This text of Texas § 1104.157 (COMPENSATION OF APPRAISERS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Occupations Code Code Ann. § 1104.157 (2026).

Text

Sec. 1104.157. COMPENSATION OF APPRAISERS.

(a)An appraisal management company shall:

(1)except in cases of breach of contract or substandard performance of services, pay an appraiser for the completion of an appraisal or valuation assignment not later than the 60th day after the date the appraiser provides the completed appraisal or valuation assignment to the company or its assignee; and

(2)compensate appraisers at a rate that is reasonable and customary for appraisals being performed in the market area of the property being appraised consistent with the presumptions under federal law.

(b)An appraiser who is aggrieved under this section may file a complaint with the board against the appraisal management company if the matter remains unresolved after the appraiser completes the compan

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Sec. 1104.157. COMPENSATION OF APPRAISERS. (a) An appraisal management company shall:
(1) except in cases of breach of contract or substandard performance of services, pay an appraiser for the completion of an appraisal or valuation assignment not later than the 60th day after the date the appraiser provides the completed appraisal or valuation assignment to the company or its assignee; and
(2) compensate appraisers at a rate that is reasonable and customary for appraisals being performed in the market area of the property being appraised consistent with the presumptions under federal law.
(b) An appraiser who is aggrieved under this section may file a complaint with the board against the appraisal management company if the matter remains unresolved after the appraiser completes the company's dispute resolution process under Section 1104.162 .