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Searching 2019-2020 Session

The Vermont Statutes Online

 

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.)