N.J. Stat. § 45:14F-42
Adoption of appraiser independence standards
New Jersey · New Jersey Statutes Title 45 — Professions and Occupations · Status: effective
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- N.J. Stat. § 45:14F-42, Adoption of appraiser independence standards, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1474081
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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.).