Tennessee § 62-39-331 - Certain contingent fees prohibited — Exception.
Full text of Tennessee Tennessee Code Annotated § 62-39-331 — Certain contingent fees prohibited — Exception., with citation guidance and answers to common questions.
§ 62-39-331. Certain contingent fees prohibited — Exception.
A state licensed or certified real estate appraiser may not accept a fee for an appraisal assignment that is contingent upon the appraiser reporting a predetermined estimate, analysis or opinion or is contingent upon the opinion, conclusion or valuation reached or upon the consequences resulting from the appraisal assignment. A state licensed or certified real estate appraiser who enters into an agreement to perform specialized services may be paid a fixed fee or a fee that is contingent on the results achieved by the specialized services. Acts 1990, ch. 865, § 40.
Frequently Asked Questions About Tennessee § 62-39-331
What does Tennessee Code Annotated § 62-39-331 cover?
Section 62-39-331 ("Certain contingent fees prohibited — Exception.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 62-39-331?
A common citation format is "Tennessee Code Annotated § 62-39-331" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 62-39-331 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.