reglab/housing_qa huggingface dataset:
TX Occ Code § 1104.105 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter C. Registration Requirements|Section 1104.105. Denial of Registration or Renewal

Sec. 1104.105.  DENIAL OF REGISTRATION OR RENEWAL.  (a)  The board may deny an application for registration or registration renewal:(1)  if an applicant fails to satisfy a requirement of this chapter; or(2)  on a determination by the board that:(A)  there is reasonable evidence that any person who owns an interest in the appraisal management company or any controlling person of the company has had a license or certification as an appraiser or a registration as an appraisal management company suspended, revoked, or put on probation in any state;(B)  the applicant has, while registered under this chapter, demonstrated incompetency, untrustworthiness, or conduct or practices that render the registrant unfit to perform appraisal management services; or(C)  the applicant no longer performs appraisal management services in good faith and is a source of detriment, injury, or loss to the public.(a-1)  The board may deny an application for registration renewal if the applicant is in violation of a board order.(b)  The board shall immediately provide written notice to the applicant of the board's denial of a registration or of a registration renewal under this chapter.(c)  An appeal of the denial of a registration or of the renewal of a registration is governed by Chapter 2001, Government Code.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.Amended by: Acts 2017, 85th Leg., R.S., Ch. 107 (S.B. 1516), Sec. 7, eff. September 1, 2017.Acts 2019, 86th Leg., R.S., Ch. 334 (S.B. 624), Sec. 35, eff. September 1, 2019.|
TX Occ Code § 1104.106 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter C. Registration Requirements|Section 1104.106. Issuance and Publication of Registration Number

Sec. 1104.106.  ISSUANCE AND PUBLICATION OF REGISTRATION NUMBER.  The board shall:(1)  issue a unique registration number to each appraisal management company registered under this chapter; and(2)  publish annually a list of the companies registered under this chapter and the registration number of each company.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.|
TX Occ Code § 1104.107 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter C. Registration Requirements|Section 1104.107. Expiration of Registration

Sec. 1104.107.  EXPIRATION OF REGISTRATION.  Unless renewed, a registration issued under this chapter expires on the second anniversary of the date the registration is issued.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.|
TX Occ Code § 1104.151 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter D. Practice by Appraisal Management Company|Section 1104.151. Employment of Certain Persons Prohibited

Sec. 1104.151.  EMPLOYMENT OF CERTAIN PERSONS PROHIBITED.  (a)  An appraisal management company registered under this chapter may not knowingly:(1)  employ a person in a position in which the person has the responsibility to order appraisals or to review completed appraisals if the person has had a license or certificate to act as an appraiser denied, revoked, or surrendered in lieu of revocation in any state;(2)  enter into any independent contractor arrangement for the provision of appraisals or appraisal management services with any person who has had a license or certificate to act as an appraiser denied, revoked, or surrendered in lieu of revocation in any state; or(3)  enter into any contract, agreement, or other business relationship for the provision of appraisals or appraisal management services with any entity that employs, has entered into an independent contract arrangement, or has entered into any contract, agreement, or other business relationship with any person who has ever had a license or certificate to act as an appraiser denied, revoked, or surrendered in lieu of revocation in any state.(b)  An appraisal management company is not in violation of Subsection (a) if:(1)  the person whose license or certification was denied, revoked, or surrendered in lieu of revocation has subsequently had the license or certificate granted or reinstated;(2)  the license or certification was denied, revoked, or surrendered for a nonsubstantive reason as determined by the board; and(3)  the person maintains the license or certificate in good standing.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.Amended by: Acts 2017, 85th Leg., R.S., Ch. 107 (S.B. 1516), Sec. 8, eff. September 1, 2017.|
TX Occ Code § 1104.152 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter D. Practice by Appraisal Management Company|Section 1104.152. Verification of Licensure or Certification

Sec. 1104.152.  VERIFICATION OF LICENSURE OR CERTIFICATION.  An appraisal management company registered under this chapter must verify that an individual to whom the company is making an assignment for the completion of an appraisal:(1)  is licensed or certified under Chapter 1103; and(2)  has not had a license or certificate as an appraiser denied, revoked, or surrendered in lieu of revocation since the last time the company made an assignment for an appraisal to the appraiser.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.|
TX Occ Code § 1104.153 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter D. Practice by Appraisal Management Company|Section 1104.153. Appraisal Review

Sec. 1104.153.  APPRAISAL REVIEW.  A person who performs an appraisal review for an appraisal management company as required by Section 1104.155 must be:(1)  licensed as an appraiser under Chapter 1103, unless exempt by board rule; and(2)  qualified to perform the appraisal being reviewed.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.Amended by: Acts 2017, 85th Leg., R.S., Ch. 107 (S.B. 1516), Sec. 9, eff. September 1, 2017.|
TX Occ Code § 1104.154 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter D. Practice by Appraisal Management Company|Section 1104.154. Competency of Appraisers

Sec. 1104.154.  COMPETENCY OF APPRAISERS.  Before making an assignment to an appraiser, an appraisal management company must verify that the appraiser receiving the assignment satisfies each provision of the competency rule of the Uniform Standards of Professional Appraisal Practice for the appraisal being assigned.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.|
TX Occ Code § 1104.155 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter D. Practice by Appraisal Management Company|Section 1104.155. Professional Standards

Sec. 1104.155.  PROFESSIONAL STANDARDS.  An appraisal management company registered under this chapter shall on a periodic basis perform an appraisal review of the work of appraisers performing appraisal services for the company to ensure that the services comply with:(1)  the edition of the Uniform Standards of Professional Appraisal Practice in effect at the time of the appraisal; or(2)  other standards prescribed by board rule.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.|
TX Occ Code § 1104.156 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter D. Practice by Appraisal Management Company|Section 1104.156. Business Records

Sec. 1104.156.  BUSINESS RECORDS.  (a)  An appraisal management company required to register under this chapter or that has applied for registration under this chapter shall retain for at least five years all business records relating to each service request that the company receives and the appraiser who performs the appraisal for the company.(b)  The board may audit the records of an appraisal management company required to register under this chapter to ensure compliance with federal law, this chapter, board rules, and the Uniform Standards of Professional Appraisal Practice.(c)  A written record of all substantive communications between an appraisal management company required to register under this chapter and an appraiser relating to inclusion on an appraisal panel or to an appraisal assignment must be maintained as provided under Subsection (a).|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.Amended by: Acts 2017, 85th Leg., R.S., Ch. 107 (S.B. 1516), Sec. 10, eff. September 1, 2017.|
TX Occ Code § 1104.157 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter D. Practice by Appraisal Management Company|Section 1104.157. Compensation of Appraisers

Sec. 1104.157.  COMPENSATION OF APPRAISERS.  (a)  An appraisal management company shall:(1)  except in cases of breach of contract or substandard performance of services, pay an appraiser for the completion of an appraisal or valuation assignment not later than the 60th day after the date the appraiser provides the completed appraisal or valuation assignment to the company or its assignee; and(2)  compensate appraisers at a rate that is reasonable and customary for appraisals being performed in the market area of the property being appraised consistent with the presumptions under federal law.(b)  An appraiser who is aggrieved under this section may file a complaint with the board against the appraisal management company if the matter remains unresolved after the appraiser completes the company's dispute resolution process under Section 1104.162.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.|
TX Occ Code § 1104.158 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter D. Practice by Appraisal Management Company|Section 1104.158. Statement of Fees

Sec. 1104.158.  STATEMENT OF FEES.  (a)  In reporting to a client, an appraisal management company shall separately state the fees:(1)  paid to an appraiser for the completion of an appraisal; and(2)  charged by the company for appraisal management services.(b)  An appraisal management company may not:(1)  prohibit an appraiser from recording in the body of the report that is submitted by the appraiser to the company the fee that the appraiser was paid by the company for completing the appraisal; or(2)  include any fees for appraisal management services performed by the company in the amount the company reports as charges for the actual completion of an appraisal by an appraiser.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.|
TX Occ Code § 1104.159 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter D. Practice by Appraisal Management Company|Section 1104.159. Disclosure of Registration Number

Sec. 1104.159.  DISCLOSURE OF REGISTRATION NUMBER.  An appraisal management company registered under this chapter shall disclose the company's registration number on all documents used to procure appraisals in this state.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.|
TX Occ Code § 1104.160 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter D. Practice by Appraisal Management Company|Section 1104.160. Mandatory Reporting

Sec. 1104.160.  MANDATORY REPORTING.  An appraisal management company that has a reasonable basis to believe an appraiser is failing to comply with the Uniform Standards of Professional Appraisal Practice in a manner that materially affects a value conclusion, violating applicable laws, or otherwise engaging in unethical or unprofessional conduct shall refer the matter to the board in the manner provided by Section 1104.204.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.|
TX Occ Code § 1104.161 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter D. Practice by Appraisal Management Company|Section 1104.161. Removal of Appraiser From Appraisal Panel

Sec. 1104.161.  REMOVAL OF APPRAISER FROM APPRAISAL PANEL.  (a)  An appraisal management company may not remove an appraiser from its panel, or otherwise refuse to assign requests for appraisal services to an appraiser without:(1)  notifying the appraiser in writing of the reasons for removal from the company's panel;(2)  if the appraiser is being removed from the panel for illegal conduct, a violation of the Uniform Standards of Professional Appraisal Practice, or a violation of this chapter, notifying the appraiser of the nature of the alleged conduct or violation; and(3)  providing an opportunity for the appraiser to respond in writing to the notification.(b)  An appraiser who is removed from the appraisal panel of an appraisal management company for alleged illegal conduct, a violation of the Uniform Standards of Professional Appraisal Practice, or a violation of this chapter, may file a complaint with the board for a review of the decision of the company if the matter remains unresolved after the appraiser completes the company's dispute resolution process under Section 1104.162.(c)  In a review under Subsection (b), the board may not make any determination regarding the nature of the business relationship between the appraiser and the appraisal management company that is unrelated to the grounds for the removal.(d)  The board shall hear and resolve a complaint filed under Subsection (b) not later than the 180th day after the date the complaint is filed with the board.(e)  If after opportunity for hearing and review, the board determines that an appraiser did not commit the alleged violation, the board shall order that the appraiser be returned to the appraisal panel of the appraisal management company.  The appraisal management company may not refuse to make assignments for appraisal services or otherwise penalize the appraiser after returning the appraiser to the company's appraisal panel.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.Amended by: Acts 2017, 85th Leg., R.S., Ch. 107 (S.B. 1516), Sec. 11, eff. September 1, 2017.|
TX Occ Code § 1104.162 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter D. Practice by Appraisal Management Company|Section 1104.162. Dispute Resolution

Sec. 1104.162.  DISPUTE RESOLUTION.  An appraisal management company shall make a dispute resolution process available to review a written request by an appraiser who:(1)  is dismissed from the company's appraisal panel for a reason stated in Section 1104.161(a)(2);(2)  is not paid as required by Section 1104.157; or(3)  alleges a violation by the company of one or more prohibitions in Section 1104.203.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.|
TX Occ Code § 1104.201 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter E. Disciplinary Actions and Procedures and Administrative Penalties|Section 1104.201. Disciplinary Powers of Board

Sec. 1104.201.  DISCIPLINARY POWERS OF BOARD.  (a)  The board may reprimand an appraisal management company or conditionally or unconditionally suspend or revoke any registration issued under this chapter if the board determines that the appraisal management company has:(1)  violated or attempted to violate this chapter or any rule adopted by the board under this chapter; or(2)  procured or attempted to procure a license or registration by fraud, misrepresentation, or deceit.(b)  The board may probate the suspension or revocation of a registration under reasonable terms determined by the board.(c)  The board may report to the appraisal subcommittee any disciplinary action taken by the board against an appraisal management company required to register under this chapter.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.Amended by: Acts 2017, 85th Leg., R.S., Ch. 107 (S.B. 1516), Sec. 12, eff. September 1, 2017.|
TX Occ Code § 1104.202 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter E. Disciplinary Actions and Procedures and Administrative Penalties|Section 1104.202. Administrative Penalty

Sec. 1104.202.  ADMINISTRATIVE PENALTY.  (a)  In addition to any other disciplinary action under this chapter, the board may impose an administrative penalty against a person who violates this chapter or a rule adopted under this chapter.(b)  The amount of the administrative penalty may not exceed $10,000 for each violation.  Each day of a continuing violation is a separate violation.(c)  The amount of the penalty shall be based on:(1)  the seriousness of the violation;(2)  the history of previous violations;(3)  the amount necessary to deter a future violation;(4)  efforts made to correct the violation;  and(5)  any other matter that justice may require.(d)  Notwithstanding any other law, an administrative penalty collected under this section must be deposited in a restricted fund maintained and operated by the board to develop educational programs for appraisers or to conduct studies that enhance consumer protection.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.Amended by: Acts 2017, 85th Leg., R.S., Ch. 107 (S.B. 1516), Sec. 13, eff. September 1, 2017.|
TX Occ Code § 1104.204 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter E. Disciplinary Actions and Procedures and Administrative Penalties|Section 1104.204. Complaint

Sec. 1104.204.  COMPLAINT.  (a)  Any person, including a member of the board, may file with the board a written complaint on a form prescribed by the board.(b)  The board, on its own motion, may file a complaint against:(1)  an appraisal management company registered under this chapter;(2)  a controlling person; or(3)  a person who engages in an activity for which registration is required under this chapter without being registered.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.Amended by: Acts 2017, 85th Leg., R.S., Ch. 107 (S.B. 1516), Sec. 15, eff. September 1, 2017.|
TX Occ Code § 1104.205 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter E. Disciplinary Actions and Procedures and Administrative Penalties|Section 1104.205. Review and Investigation

Sec. 1104.205.  REVIEW AND INVESTIGATION.  (a)  On receipt of a complaint or on its own motion, the board shall review and investigate an alleged act or omission that the board believes is a ground for disciplinary action.(b)  An investigator designated by the presiding officer of the board or commissioner shall investigate each allegation in a complaint to determine whether probable cause exists for a hearing on the complaint.(c)  If the board determines that a complaint does not present facts that are grounds for disciplinary action, the  board or the commissioner shall dismiss the complaint and may not take further action.(d)  An investigation of an alleged violation by a person registered under this chapter may not be terminated solely on the basis that the person fails to renew the registration.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.Amended by: Acts 2017, 85th Leg., R.S., Ch. 107 (S.B. 1516), Sec. 16, eff. September 1, 2017.|
TX Occ Code § 1104.206 (2021)
2021 Texas Statutes|Occupations Code|Title 7 - Practices and Professions Related to Real Property and Housing|Subtitle A - Professions Related to Real Estate|Chapter 1104 - Appraisal Management Companies|Subchapter E. Disciplinary Actions and Procedures and Administrative Penalties|Section 1104.206. General Subpoena Authority

Sec. 1104.206.  GENERAL SUBPOENA AUTHORITY.  (a)  The board may request and, if necessary, compel by subpoena:(1)  the attendance of witnesses for examination under oath;  and(2)  the production of records, documents, and other evidence relevant to the investigation of an alleged violation of this chapter for inspection and copying.(b)  The board may also issue a subpoena for purposes of an investigation of a complaint to determine whether the board should institute a contested case proceeding.(c)  If a person does not comply with a subpoena, the board, acting through the attorney general, may file suit to enforce the subpoena in a district court in Travis County or in the county in which a hearing conducted by the board may be held.(d)  The court shall order compliance with the subpoena if the court finds that good cause exists for the issuance of the subpoena.|Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.|