No licensee shall engage in any appraisal activity if his or her compensation is dependent on or affected by the value conclusion generated by the appraisal.
Cal. Bus. & Prof. Code § 11323
Scope of Practice
Known as the Real Estate Appraisers’ Licensing and Certification Law
The act spans §§ 11300–11425 (97 sections).
Amended by Stats. 2017, Ch. 429, Sec. 63
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.