1119. APPRAISAL

1119 APPRAISAL 1119.1 A 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).