Each applicant for a license or certification must go through a mandatory experience audit, which involves a review of a random sample of their work product. This experience audit is performed to ensure the experience being claimed was performed in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP). If the experience audit indicates that an applicant’s work product does not comply with USPAP, the applicant will receive a letter stating that the application is being denied because the work product submitted did not comply with USPAP.
Based on the 2014-15 edition of USPAP's Record Keeping rule, if an employer fails to provide copies of any appraisals and work files needed by a respondent to produce a response to a complaint, TALCB can assist the respondent by sending the respondent's employer, or past employer, a letter, or if required, a subpoena, to obtain the applicable appraisal reports and work files. Also, in the sponsor and trainee situation, TALCB rules (22 Tex. Admin.
A certified residential appraiser may appraise one-to-four family residential units and vacant or unimproved land for which the highest and best use is for one-to-four family residential use. For more information, please refer to the TALCB rules (22 Tex. Admin. Code §153.8).
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Yes. TALCB is not interested in the underlying reason for a review. Regardless of who requests the review and as long as the appraisal review is ordered through the AMC, the review may be counted in the 2% required by TALCB rule (22 Tex. Admin. Code § 159.155)