N.Y. Comp. Codes R. & Regs. tit. 19, § 1101.2 – Scope of practice for certified residential real estate appraiser. | Midpage
§ 1101.2
N.Y. Comp. Codes R. & Regs. tit. 19, § 1101.2
Scope of practice for certified residential real estate appraiser.
Department of State
(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.