Appraisal reports; alteration; use
Known as the Appraisal Management Company Registration Act
The act spans §§ 47–47 (26 sections).
Laws 2009, ch. 214, § 19.
An appraisal management company shall not:
A. alter, modify or otherwise change a completed appraisal report submitted by an independent appraiser without the appraiser's written knowledge and consent; or
B. use an appraisal report submitted by an independent appraiser for any other transaction.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.