458.33 Licensure.
282 words·~1 min read·
/wi/chapter-458/458-33-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
458.33 Licensure.
(1)Application. A person applying for a license under sub.
(2)shall submit an application to the department on a form prescribed by the department. The application shall include all of the following:
(a)The applicant’s name, address, and telephone number.
(b)If the applicant is not a business domiciled in this state, the name, address, and telephone number of the applicant’s agent for service of process in this state.
(c)The name, address, and telephone number of each person that owns more than 10 percent of the applicant.
(d)The name, address, and telephone number of the applicant’s designated controlling individual under s. 458.36 .
(e)A statement of the applicant in a form prescribed by the department that certifies all of the following:
1. That the applicant has in place a system to verify that each independent appraiser on the applicant’s appraiser panel and any other appraiser that may perform an appraisal service for the applicant is a certified appraiser or licensed appraiser.
2. That the applicant requires all appraisers performing appraisal services for the applicant to perform appraisal services in accordance with the Uniform Standards of Professional Appraisal Practice described under s. 458.24 .
3. That the applicant has in place a system to verify that all appraisal services performed for the applicant are conducted independently and free from inappropriate influence or coercion under s. 458.41 and under 15 USC 1639e and rules promulgated under 15 USC 1639e .
4. That the applicant maintains a detailed record of each request for an appraisal service that it receives, including the identity of the appraiser that performs the appraisal service.
5. That the applicant satisfies s. 458.35
(2).