R.C.S.A. § 20-504-2
Standards for the performance of appraisals, content of appraisals and conduct of appraisers
Cite as Conn. Agencies Regs. § 20-504-2
appraisers
Every appraiser shall, in performing the acts and services of a real estate appraiser,
real estate review appraiser or real estate consultant, conform to the following minimum
standards:
(1) The USPAP in effect at the time the services are performed. A copy of the USPAP book
is available for inspection at the main office of the Department of Consumer Protection
during regular business hours. Alternatively, copies may be obtained from the Appraisal
Foundation located in Washington, D.C. or from the Appraisal Foundation's website
at http://www.appraisalfoundation.org.
(2) An appraiser who wishes to enter in or upon any premises or real estate not the subject
of appraisal for the purpose of estimating comparable real estate shall obtain permission
to enter from the owner or occupier of the premises or real estate, and shall identify
himself as an appraiser;
(3) Each appraisal or appraisal review shall include for each appraiser signing such report:
the appraiser's name either printed or typed, the category of licensure held, and
license number, the state of issuance and the expiration date of the license; and,
(4) Pursuant to the rules under Title XI of FIRREA, when an Evaluation of Real Property
Collateral is required in lieu of an appraisal, a Connecticut certified appraiser
may perform such Evaluation outside the scope of the USPAP by following Section XII
(Evaluation Development) and Section XIII (Evaluation Content) of the Interagency
Appraisal and Evaluation Guidelines as published in the Federal Register (Vol. 75, No. 237) on December 10, 2010.