Section 26-C1119. APPRAISAL

Latest version.

1119.1A mortgage loan originator, mortgage lender, a mortgage broker, or a mortgage dual authority licensee shall not use an appraisal conducted for real property located in the District of Columbia, which will be used to secure a mortgage loan, unless the appraisal was conducted by an appraiser that is licensed and authorized to conduct business in the District of Columbia.

source

Final Rulemaking published at 56 DCR 4356, 4373 (June 5, 2009).

                    
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