Section 16-114-70 - State licensed appraiser A state licensed appraiser is licensed to perform:
(1) Noncomplex one-to-four family residential property appraisals in connection with any federally related transaction or non-federally related transaction having a transaction value up to, but not including, $1,000,000;(2) Other appraisals rendered in connection with any federally-related transaction or non-federally related transaction having a transaction value up to, but not including, $250,000; and(3) Appraisals of rural properties where the rural property is a one-to-four family residential property where production of agricultural income is not significant or is primarily used for recreation or other non-income producing purposes. [Eff 3/11/91; am and comp 9/23/91; comp 4/17/98; am and comp 1/10/09; am and comp 8/27/12] (Auth: HRS § 466K-3) (Imp: HRS §§ 466K-1, 466K-3)The amended version of this section by Hawaii Administrative Rules Listing of Filings, 2016-01, November, eff. 11/27/2016 is not yet available.