(1) A corporation, partnership, bank, savings and loan association, savings bank, credit union, or other business entity may provide appraisal services if the appraisal is prepared by a certified general appraiser, a certified residential appraiser, or a licensed appraiser. An individual who is not a certified general appraiser, a certified residential appraiser, or a licensed appraiser may assist in the preparation of an appraisal if: (a) The assistant is under the direct supervision of a certified or licensed appraiser; and(b) The final appraisal document is approved and signed by an individual who is a certified or licensed appraiser.Renumbered from C.R.S. § 12-61-721 and amended by 2019 Ch. 136, § 1, eff. 10/1/2019.Entire part recreated and reenacted by 2014 Ch. 385, § 1, eff. 7/1/2014.This section is similar to former § 12-61-721 as it existed prior to 2019.
Colorado Legal Code