Temporary practice

Act 98 of 1990, § 8, under REAL ESTATE APPRAISERS CERTIFICATION ACT.

Act 98 of 1990, § 8

Section 8. Temporary practice.

As required by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (Public Law 101-73, 103 Stat. 183), the board shall recognize on a temporary basis the certification or license of an appraiser issued by another state if:

(1) the property to be appraised is part of a federally related transaction;

(2) the appraiser's business is of a temporary nature; and

(3) the appraiser registers with the board.