D.C. Mun. Regs. tit. 26, r. 26-C3108

Current through Register Vol. 71, No. 49, December 6, 2024

Rule 26-C3108 - SPECIFIC PROVISIONS FOR FEDERALLY REGULATED APPRAISAL MANAGEMENT COMPANIES

3108.1

A federally regulated AMC, as defined in Section 101(17) of the Act, operating in the District shall provide the Department with information required to be submitted to the Appraisal Subcommittee, pursuant to the Subcommittee's policies regarding the determination of the AMC National Registry Fee.

3108.2

Reporting requirements pursuant to § 3108.1 shall include:

(a) A report to the Commissioner of the federally regulated AMC's intent to operate in the District; and

(b) Information regarding whether the federally regulated AMC is owned, in whole or in part, directly or indirectly, by a person who has had an appraiser license or certificate refused, denied, canceled, surrendered in lieu of revocation, or revoked in the District or any state for a substantive cause as determined by the Appraisal Subcommittee, and whether the license or certificate has been reinstated.

D.C. Mun. Regs. tit. 26, r. 26-C3108

Final Rulemaking published at 68 DCR 5678 (5/28/2021)