Current through Register Vol. 54, No. 24, June 15, 2024
Section 36.434 - Broker price opinions and evaluations(a) An appraisal management company may not solicit or order, nor offer to solicit or order, a BPO for use in a non-Federally related transaction.(b) An appraisal management company may not solicit or order, nor offer to solicit or order, a BPO for use in a Federally-related transaction.(c) An appraisal management company may not solicit or order, nor offer to solicit or order, an evaluation.(d) A comparative market analysis is not a BPO for purposes of AMCRA, REACA or this subchapter if performed for one or both of the following purposes: (1) In pursuit of a listing.(2) To determine probable selling price.