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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 54 Pa.B. 2336 (April 27, 2024).

49 Pa. Code § 36.431. Compliance with USPAP.


§ 36.431. Compliance with USPAP.

 (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 assure 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, AMCRA or this subchapter.

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