Appraisal reports; alteration; use.

  1. Law
  2. New Mexico Statutes
  3. Property Law
  4. Appraisal Management Company Registration
  5. Appraisal reports; alteration; use.

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An appraisal management company shall not:

A. alter, modify or otherwise change a completed appraisal report submitted by an independent appraiser without the appraiser's written knowledge and consent; or

B. use an appraisal report submitted by an independent appraiser for any other transaction.

History: Laws 2009, ch. 214, § 19.

ANNOTATIONS

Effective dates. — Laws 2009, ch. 214 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 19, 2009, 90 days after the adjournment of the legislature.


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