Current through Register Vol. 56, No. 21, November 4, 2024
Section 2:76-6.22 - Appraiser retention and removal(a) Annually, the Committee shall conduct a review of the qualifications of all approved appraisers and may remove an appraiser who does not meet the provisions of 2:76-6.2 1 or (b) below.(b) To be retained as an approved appraiser, the Committee shall ensure that the appraiser complies with the following: 1. The appraiser has attended at least one of the Committee's annual appraisal seminars in the last two years;2. The appraiser has satisfied contractual requirements, has complied with Committee handbook standards and N.J.A.C. 2:76-10, has complied with generally recognized appraisal practices and responded to the contracting agency to address any appraisal deficiencies or questions in a timely manner. i. The contracting agency shall notify the Committee if an appraiser has not complied with the above;3. The appraiser has responded to the Committee's review appraiser to address any appraisal deficiencies or questions in a timely manner; and4. The appraiser has consistently prepared quality appraisal reports that do not contain errors and omissions that impact the integrity of the appraisal report.(c) In the event that the Committee has documentation that the appraiser has not complied with any of the provisions contained in (b) above, the Committee shall remove the appraiser from the list of approved appraisers. 1. The appraiser shall be notified in writing of the Committee's determination.N.J. Admin. Code § 2:76-6.22
New Rule, R.2007 d.197, effective 7/2/2007.
See: 38 N.J.R. 4929(a), 39 N.J.R. 2483(a).