Section 36.331. Compliance with USPAP

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(a) An appraisal management company shall require that appraisal assignments be completed in compliance with USPAP.
(b) An appraisal management company shall establish a system to review appraisal assignments which is reasonably calculated to ensure compliance with USPAP by appraisers.
(c) An appraisal management company may not solicit, offer, accept an offer or contract for a valuation service that it knows or has reason to know violates REACA, RELRA, FIRREA, the law or this subchapter.

                    
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