Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 11324 — Scope of Practice
Cal. Bus. & Prof. Code § 11324
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Date
- 2018-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An individual who is not a licensee may assist in the preparation of an appraisal in a federally related transaction under the following conditions:
Citator
Cal. Bus. & Prof. Code § 11324 — Scope of Practice is in force in the current edition of the Code, and nothing recorded condemns it.
An individual who is not a licensee may assist in the preparation of an appraisal in a federally related transaction under the following conditions:
(a) The assistance is under the direct supervision of an individual who is a licensed appraiser and the final conclusion as to value is made by a licensed appraiser.
(b) The final appraisal document in a federally related transaction is approved and signed, with acceptance of full responsibility, by the supervising individual who is licensed by the state pursuant to this part, identifies the assisting individual, and identifies the scope of work performed by the individual who assisted in preparation of the appraisal in a federally related transaction.