Texas § OC.1103.405 - PROFESSIONAL STANDARDS
Full text of Texas The Texas Constitution § OC.1103.405 — PROFESSIONAL STANDARDS, with citation guidance and answers to common questions.
§ OC.1103.405. PROFESSIONAL STANDARDS
PROFESSIONAL STANDARDS. (a) Except as provided by Subsection (b), a person who holds a certificate, license, or registration issued under this chapter shall comply with: (1) the most current edition of the Uniform Standards of Professional Appraisal Practice adopted by the Appraisal Standards Board of the Appraisal Foundation; or (2) other standards provided by board rule that are at least as stringent as the Uniform Standards of Professional Appraisal Practice. (b) A certified or licensed appraiser is not required to comply with the standards described by Subsection (a) to provide: (1) an evaluation of real property described by Section 1103.004 (4); or (2) an analysis, assessment, opinion, conclusion, notation, or compilation of data concerning the value of an interest in real property described by Section 1103.004 (5) for use by a non-bank financial institution. (c) A document provided under Section 1103.004 (4) or (5) must contain on the first page of the document the following notice: "This is not an appraisal performed in accordance with the Uniform Standards of Professional Appraisal Practice." Added by Acts 2005, 79th Leg., Ch. 703 (S.B. 381 ), Sec. 20, eff. September 1, 2005. Amended by: Acts 2015, 84th Leg., R.S., Ch. 950 (S.B. 1007 ), Sec. 45, eff. January 1, 2016. Acts 2021, 87th Leg., R.S., Ch. 700 (H.B. 2533 ), Sec. 3, eff. June 15, 2021. SUBCHAPTER J. DISCIPLINARY PROCEEDINGS GENERALLY
Frequently Asked Questions About Texas § OC.1103.405
What does The Texas Constitution § OC.1103.405 cover?
Section OC.1103.405 ("PROFESSIONAL STANDARDS") is part of the The Texas Constitution, the codified statutory law of Texas. 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 Texas § OC.1103.405?
A common citation format is "The Texas Constitution § OC.1103.405" (Texas). 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 Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § OC.1103.405 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas 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 Texas.