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New Jersey Statutes, Title: 45, PROFESSIONS AND OCCUPATIONS
Chapter 14f:
Section: 45:14f-42: Adoption of appraiser independence standards.
16. This act adopts by reference the appraiser independence standards established under section 1639e of the federal Truth in Lending Act, Pub.L.90-321 (15 U.S.C. s.1639e), including:
a. the requirements for payment of customary and reasonable compensation to fee appraisers when the appraisal management company is providing services for a consumer credit transaction secured by the principal dwelling of a consumer; and
b. all necessary enforcement and remedies available under the federal Truth in Lending Act, Pub.L.90-321 (15 U.S.C. s.1601 et seq.).
L.2017, c.72, s.16.
This section added to the Rutgers Database: 2017-05-23 09:48:32.
Older versions of 45:14f-42 (if available):
Court decisions that cite this statute:
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