The Vermont Statutes Online
The Vermont Statutes Online does not include the actions of the 2024 session of the General Assembly. We expect them to be updated by November 1st.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 26 : Professions and Occupations
Chapter 069 : Real Estate Appraisers
Subchapter 001 : General Provisions
(Cite as: 26 V.S.A. § 3312)-
§ 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.)
