Unprofessional conduct of certified or licensed appraiser or registered intern. A certified or licensed appraiser or registered intern is guilty of unprofessional conduct if he:
1. Willfully uses a trade name, service mark or insigne indicating membership in an organization for appraisers of which he is not a member;
2. Violates any order of the Commission, agreement with the Division, provision of this chapter or provision of any regulation adopted pursuant to this chapter;
3. Fails to disclose to any person with whom he is dealing any material fact or other information he knows, or in the exercise of reasonable care and diligence should know, concerning or relating to any real estate he appraises, including any interest he has in the real estate;
4. Knowingly communicates a false or fraudulent appraisal to any interested person or otherwise engages in any deceitful, fraudulent or dishonest conduct;
5. Enters into a contract to prepare an appraisal by which his compensation is based partially or entirely on the amount of the appraised value of the real estate;
6. Before obtaining his license or registration card, engaged in any conduct of which the Division is not aware that would be a ground for the denial of a certificate, license or registration card; or
7. Makes a false statement of material fact on his application.
Last modified: February 27, 2006