Utah § 2g-311 - State-licensed appraiser -- Authority and qualifications.

Full text of Utah Utah Code § 2g-311 — State-licensed appraiser -- Authority and qualifications., with citation guidance and answers to common questions.

§ 2g-311. State-licensed appraiser -- Authority and qualifications.

Effective 5/1/2024
61-2g-311.  State-licensed appraiser -- Authority and qualifications.
(1)A state-licensed appraiser is authorized to appraise complex and noncomplex 1-4 family residential units in this state having a transaction value permitted under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, and related federal regulations.
(2)A state-licensed appraiser is authorized to appraise vacant or unimproved land having a transaction value permitted under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, and related federal regulations that is utilized for 1-4 family purposes or for which the highest and best use is 1-4 family purposes and subdivisions for which a development analysis/appraisal is not necessary.
(3)A state-licensed appraiser may not issue a certified appraisal report.
(4)To qualify as a state-licensed appraiser, an applicant must:
(a)be of good moral character;
(b)demonstrate honesty, competency, integrity, truthfulness, and general fitness to command the confidence of the community;
(c)pass the licensing examination with a satisfactory score as determined by the Appraisal Qualification Board;
(d)successfully complete the educational requirements established by rule in accordance with Subsection (5); and
(e)possess the experience in real property appraisal established by rule in accordance with Subsection (5).
(5)
(a)The division shall, with the concurrence of the board, make rules in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, that establish:
(i)the educational requirements described in Subsection (4)(d); and
(ii)the experience in real property appraisal described in Subsection (4)(e).
(b)The educational and experience requirements established under Subsection (5)(a) shall meet or exceed the educational requirements and the hourly experience requirements adopted by the Appraisal Qualification Board.
(c)The division may not require that an applicant complete the educational or experience requirements established under Subsection (5)(a) within a minimum time period.
(d)Subsection (5)(c) does not apply if federal law requires a minimum time period for appraiser education or experience.


Amended by Chapter 137, 2024 General Session

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Frequently Asked Questions About Utah § 2g-311

What does Utah Code § 2g-311 cover?

Section 2g-311 ("State-licensed appraiser -- Authority and qualifications.") is part of the Utah Code, the codified statutory law of Utah. 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 Utah § 2g-311?

A common citation format is "Utah Code § 2g-311" (Utah). 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 Utah law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.

How does Utah § 2g-311 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

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