§ 3342. Transactions requiring services of State certified appraiser
287 words·~1 min read·
/usc/title-12/section-3342A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In determining whether an appraisal in connection with a federally related transaction shall be performed by a State certified appraiser, an agency or instrumentality under this chapter shall consider whether transactions, either individually or collectively, are of sufficient financial or public policy importance to the United States that an individual who performs an appraisal in connection with such transactions should be a State certified appraiser, except that—
(1)a State certified appraiser shall be required for all federally related transactions having a value of $1,000,000 or more; and
(2)1-to-4 unit, single family residential appraisals may be performed by State licensed appraisers unless the size and complexity requires a State certified appraiser, where a complex 1-to-4 unit single family residential appraisal means an appraisal for which the property to be appraised, the form of ownership, the property characteristics, or the market conditions are atypical.
(Pub. L. 101–73, title XI, § 1113, Aug. 9, 1989, 103 Stat. 514; Pub. L. 111–203, title XIV, § 1473(e)(2), July 21, 2010, 124 Stat. 2191.)
Connections39 cite this · traces to 1
Cited by 39 sections · top 32
register
- Rules and RegulationsProposed rule; request for public comment
- NoticesProposed policy statements and request for comments
- NoticesAdoption of revised Policy Statements
- Rules and RegulationsNotice of proposed rulemaking
- Rules and RegulationsAdoption of revised ASC Policy Statements
- NoticesProposed revised Policy Statements
- NoticesProposed Revised Policy Statements
statutes-at-large
- Public Law 101–73To reform, recapitalize, and consolidate the Federal deposit insurance system, to enhance the regulatory and enforcement powers of Federal financial institutions regulatory agencies, and for other purposes
- Public Law 111–203To promote the financial stability of the United States by improving accountability and transparency in the financial system, to end “too big to fail”, to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes
statute-compilations
bill
- Sec. 5Enhanced energy efficiency underwriting valuation guidelines
- Sec. 5Enhanced energy efficiency underwriting valuation guidelines
- Sec. 433Enhanced energy efficiency underwriting
- Sec. 433Enhanced energy efficiency underwriting
- Sec. 433Enhanced energy efficiency underwriting
- Sec. 433Enhanced energy efficiency underwriting
- Sec. 4323Enhanced energy efficiency underwriting
- Sec. 1503Enhanced energy efficiency underwriting valuation guidelines
- Sec. 423Enhanced energy efficiency underwriting
- Sec. 1503Enhanced energy efficiency underwriting valuation guidelines
- Sec. 423Enhanced energy efficiency underwriting
- Sec. 423Enhanced energy efficiency underwriting
- Sec. 424Enhanced energy efficiency underwriting
- Sec. 424Enhanced energy efficiency underwriting
- Sec. 424Enhanced energy efficiency underwriting
- Sec. 4Enhanced energy efficiency underwriting
- Sec. 4Enhanced energy appraisal
- Sec. 4State credentialed trainee appraisers
- Sec. 4State credentialed trainees
- Sec. 403Appraisal Industry Improvement Act
- Sec. 4State credentialed trainee appraisers
- Sec. 403Appraisal Industry Improvement Act
Traces to 1 document
6 references not yet in our index
- Pub. L. 101–73, title XI, § 1113
- 103 Stat. 514
- Pub. L. 111–203, title XIV, § 1473(e)(2)
- 124 Stat. 2191
- Pub. L. 111–203
- section 1400(c) of Pub. L. 111–203
Citation graph
cites case law
§ 3342
Transactions requiring services of State certified appraiser
Bills×22
Fed. Reg.×13
Stat. Comp.×2
Stat.×2
Pub. L.Pub. L. 101–73, title XI, § 1113
Stat.103 Stat. 514
Pub. L.Pub. L. 111–203, title XIV, § 1473(e)(2)
Stat.124 Stat. 2191
Pub. L.Pub. L. 111–203
Cites 7 · showing 6Cited by 39 across 4 sources