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§ 3575. Appraisal Management Company Certificate of Registration Application.

10 CA ADC § 3575Barclays Official California Code of RegulationsEffective: January 9, 2023

Barclays California Code of Regulations
Title 10. Investment
Chapter 6.5. Bureau of Real Estate Appraisers
Article 4. Application Process
Effective: January 9, 2023
10 CCR § 3575
§ 3575. Appraisal Management Company Certificate of Registration Application.
Currentness
(a) Applications for a Certificate of Registration shall be valid for one year from the date of receipt by the Bureau. The one-year period shall not be extended.
(b) Applicants for a Certificate of Registration shall have an appropriate knowledge of the English language, including reading, writing and spelling, and of arithmetic computations common to real estate and appraisal practice.
(c) Applicants for a Certificate of Registration must submit an Appraisal Management Company Certificate of Registration Application Form REA 5001 (Rev. 01/01/2023), which is hereby incorporated by reference.
(d) Applicants for a Certificate of Registration must also submit a separate application for each Controlling Person for the company. Each Controlling Person must complete an Appraisal Management Company (AMC) Controlling Person Application Form REA 5002 (Rev. 04/01/2020), which is hereby incorporated by reference.
(e) All applicants for a Certificate of Registration must submit the names of all Controlling Persons, including the name of the Designated Officer, as these terms are defined herein.

Credits

Note: Authority cited: Sections 11313, 11314 and 11345, Business and Professions Code. Reference: Sections 30, 31, 494.5, 11320.5, 11343 and 11345, Business and Professions Code.
History
1. New article 4 (sections 3575-3577) and section filed 1-21-2010 as an emergency; operative 1-21-2010 (Register 2010, No. 4). A Certificate of Compliance must be transmitted to OAL by 7-20-2010 or emergency language will be repealed by operation of law on the following day.
2. New article 4 (sections 3575-3577) and section refiled 7-21-2010 as an emergency; operative 7-21-2010 (Register 2010, No. 30). A Certificate of Compliance must be transmitted to OAL by 10-19-2010 or emergency language will be repealed by operation of law on the following day.
3. New article 4 (sections 3575-3577) and section refiled 10-18-2010 as an emergency; operative 10-18-2010 (Register 2010, No. 43). A Certificate of Compliance must be transmitted to OAL by 1-18-2011 or emergency language will be repealed by operation of law on the following day.
4. Certificate of Compliance as to 10-18-2010 order, including amendment of subsections (c)-(d), transmitted to OAL 12-17-2010 and filed 1-31-2011 (Register 2011, No. 5).
5. Change without regulatory effect amending subsection (a) filed 2-11-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 7).
6. Amendment of subsection (d) and Note filed 3-22-2018; operative 7-1-2018 (Register 2018, No. 12).
7. Amendment of subsection (c) filed 6-27-2019; operative 10-1-2019 (Register 2019, No. 26).
8. Change without regulatory effect amending subsections (c)-(d) filed 8-25-2020 pursuant to section 100, title 1, California Code of Regulations (Register 2020, No. 35).
9. Amendment of subsections (c)-(d) and amendment of Note filed 1-9-2023; operative 1-9-2023 pursuant to Government Code section 11343.4(b)(3) (Register 2023, No. 2).
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 10, § 3575, 10 CA ADC § 3575
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