§ 3312.
151 words·~1 min read·
/vt/title-26/chapter-69/3312A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 3312. Prohibitions; penalty; exemption
(a)Unless licensed in accordance with the provisions of this chapter, a person shall not:
(1)perform an appraisal in a federally related transaction when a licensed or certified appraiser is required by the Act; or
(2)use in connection with his or her name any letters, words, or insignia indicating that he or she is a State certified or licensed real estate appraiser.
(b)An individual who violates a provision of subsection
(a)of this section shall be subject to the penalties provided in 3 V.S.A. § 127.
(c)A registered appraisal management company shall not be required to be licensed in order to acquire and provide finished appraisals to third parties. (Added 1989, No. 264 (Adj. Sess.), § 1; amended 1993, No. 217 (Adj. Sess.), § 2; 2007, No. 29, § 48; 2009, No. 103 (Adj. Sess.), § 41; 2019, No. 30, § 21.)