N.Y. Comp. Codes R. & Regs. tit. 19 § 1101.2

Current through Register Vol. 46, No. 50, December 11, 2024

Section 1101.2 - Scope of practice for certified residential real estate appraiser

(a) The scope of practice for a certified residential real estate appraiser is limited to:

(1) the appraisal of 1-4 family residential units without regard to value or complexity; and

(2) the appraisal of vacant or unimproved land that is to be utilized for a 1-4 family residential unit without regard to value or complexity, or vacant or unimproved land for which the highest and best use is a 1-4 family residential unit without regard to value or complexity.

(b) A certified residential real estate appraiser shall not appraise a residential subdivision, except that a certified residential real estate appraiser may appraise individual residential properties within a subdivision.

N.Y. Comp. Codes R. & Regs. Tit. 19 § 1101.2