- Mar 4, 2007
- Professional Status
- Certified Residential Appraiser
Is there an updated list that shows who has renewed? Asking for a friend....
I agree. However Illinois appraisal requirements say that we not only have to verify their license we have to put the AMC license information and our fee in the report.Hey as long as they pay I could care less if they have a license, last time I checked we are not the AMC enforcement division : ) LMAO
An appraiser shall identify an appraisal management company as the client if the appraisal management company is engaging the appraiser.
An appraiser shall not provide appraisal practice service to an appraisal management company unless the appraisal management company is lawfully registered in Illinois pursuant to Section 20 of the Appraisal Management Company Registration Act [225 ILCS 459] and 68 Ill. Adm. Code 1452.
An independent appraiser by employment or contract for a specific assignment, the appraiser shall prominently display the appraisal fee received from the appraisal management company in the certification as follows: "The compensation for this appraisal assignment is $_____."
An appraiser for a specific assignment, the appraiser shall prominently display the appraisal management company's Illinois registration number and expiration date as follows: "The appraisal management company's Illinois registration number is ________ and it expires on (month/day/year)."