Statutes > New Mexico Statutes > Chapter 47 - Property Law. > Article 14 - Appraisal Management Company Registration, 47-14-1 through 47-14-23. > Section 47-14-19 - Appraisal reports; alteration; use.

Section 47-14-19 - Appraisal reports; alteration; use.

47-14-19. Appraisal reports; alteration; use.

An appraisal management company shall not:

A.     alter, modify or otherwise change a completed appraisal report submitted by an independent appraiser without the appraiser's written knowledge and consent; or

B.     use an appraisal report submitted by an independent appraiser for any other transaction.