Pursuant to Section 15-10(a) of the Act, all licensees are required to fully cooperate with any audit, investigation, interrogatory, examination, or request for information regarding any aspect of the licensee's appraisal practice or application for licensure. Full cooperation includes, but is not necessarily limited to providing to the Department, within 30 days after its request:
a) A complete copy of an appraisal or appraisal review assignment as it was transmitted to the client, including file memoranda, workfiles, and supporting and/or verification documentation that are required to be maintained by the Act and this Part;b) Continuing education certificates or experience/work logs that are required to be maintained by the Act or this Part; orc) A complete answer to any written interrogatory or request for clarification submitted to a licensee or applicant.Ill. Admin. Code tit. 68, § 1455.290
Amended at 37 Ill. Reg. 2668, effective April 1, 2013
Amended at 39 Ill. Reg. 7939, effective 6/1/2015Amended at 48 Ill. Reg. 14553, effective 9/24/2024