264 CMR, § 2.01

Current through Register 1533, October 25, 2024
Section 2.01 - Purpose and Authority

The purpose of 264 CMR 1.00 through 12.00 is to clarify and implement M.G.L. c. 112, §§ 173 through 195 and to establish professional standards for the licensing and certification of real estate appraisers to promote and protect the public interest.

The provisions of 264 CMR are severable, and should any provision be declared invalid, such invalidity shall not affect other provisions or applications of 264 CMR.

All licensees and certificate holders are charged with having knowledge of the existence of 264 CMR and the USPAP and shall be deemed to be familiar with the provisions thereof and are required to render appraisal services in accordance with each.

264 CMR, § 2.01

Amended by Mass Register Issue 1323, eff. 10/7/2016.