44 chapters · 1,581 sections in this title.
A.R.S. § 32-3669 Controlling person requirements
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A. Each appraisal management company applying to the deputy director for registration in this state shall designate one controlling person who will be the main contact for all communication between the deputy director and the appraisal management company. B. To serve as a control…
A.R.S. § 32-3670 Employee requirements
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Any employee of an appraisal management company, or any person working on behalf of an appraisal management company, who has the responsibility of selecting independent appraisers for the performance of real property appraisal services for the appraisal management company or prov…
A.R.S. § 32-3671 Agreements with independent appraisers; limitations
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An appraisal management company registered in this state pursuant to this article may not enter into contracts or agreements with an independent appraiser for the performance of real property appraisal services in this state unless that person is licensed or certified in good sta…
A.R.S. § 32-3672 Certification on registration renewal
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Each appraisal management company seeking registration renewal in this state shall certify to the deputy director on a form prescribed by the deputy director that the appraisal management company has complied with all of the following: 1. Has a system and process in place to veri…
A.R.S. § 32-3673 Disclosure of fees
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A. The appraisal management company shall not prohibit the appraiser from reporting in the appraisal report the fee paid to the appraiser. B. The appraiser shall disclose the fee paid for an appraisal report ordered by an appraisal management company in the scope of work section …
A.R.S. § 32-3674 Appraiser independence; prohibitions
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A. Any employee, director, officer or agent of an appraisal management company registered pursuant to this article shall not influence or attempt to influence the development, reporting or review of an appraisal through coercion, extortion, collusion, compensation, inducement, in…
A.R.S. § 32-3675 Payment
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Except in cases of breach of contract or substandard performance of services, each appraisal management company shall make payment to an independent appraiser for the completion of an appraisal or valuation assignment within forty-five days after the date on which the independent…
A.R.S. § 32-3676 Appraisal reports; alteration; use
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An appraisal management company shall not: 1. Alter, modify, revise or otherwise change a completed appraisal report submitted by an independent appraiser, including removing the signature of the appraiser. 2. Use an appraisal report submitted by an independent appraiser for any …
A.R.S. § 32-3677 Review of disputes
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A. An appraisal management company shall not remove an appraiser from its appraiser panel, or otherwise refuse to assign requests for real property appraisal services to an independent appraiser, without notifying the appraiser in writing of the reasons for the appraiser being re…
A.R.S. § 32-3678 Censure, suspension or revocation; civil penalty
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The deputy director may censure an appraisal management company, conditionally or unconditionally suspend or revoke any registration issued under this article or impose civil penalties not to exceed $15,000 per violation if, in the opinion of the deputy director, an appraisal man…
A.R.S. § 32-3679 Disciplinary hearings
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A. The deputy director or an administrative law judge may conduct disciplinary proceedings in accordance with title 41, chapter 6, article 10. B. Before censuring any registrant, or suspending or revoking any registration, the deputy director shall notify the registrant in writin…
A.R.S. § 32-3680 Rulemaking authority
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The deputy director shall adopt rules that are reasonably necessary to implement, administer and enforce this article, including rules for obtaining copies of appraisals and other documents necessary to audit compliance with this article and rules requiring a surety bond to be po…