FIRREA Title XI (Real Estate Appraisal Reform Amendments, 12 U.S.C.) § 3331 — Purpose

firrea-12usc-3331

FIRREA Title XI (Real Estate Appraisal Reform Amendments, 12 U.S.C.), §3331 Purpose. Full verbatim text from the Office of the Law Revision Counsel's United States Code (USLM XML, release point 119-111).

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Verbatim regulatory text (2)

Verbatim provisions from FIRREA Title XI (Real Estate Appraisal Reform Amendments, 12 U.S.C.) § 3331 — Purpose — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

12 U.S.C. §3331 — Purpose

The purpose of this chapter is to provide that Federal financial and public policy interests in real estate related transactions will be protected by requiring that real estate appraisals utilized in connection with federally related transactions are performed in writing, in accordance with uniform standards, by individuals whose competency has been demonstrated and whose professional conduct will be subject to effective supervision.

Source: FIRREA Title XI (Real Estate Appraisal Reform Amendments, 12 U.S.C.) § 3331 — Purpose · source URL · snapshot 1ff7bd58200f2c05

12 U.S.C. §3331 note — source credit and editorial notes (not statute text)

(Pub. L. 101–73, title XI, § 1101, Aug. 9, 1989, 103 Stat. 511.)

Source: FIRREA Title XI (Real Estate Appraisal Reform Amendments, 12 U.S.C.) § 3331 (notes) · source URL · snapshot 1ff7bd58200f2c05

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Source of record: https://claudeforcompliance.com/regs/firrea-12usc-3331/ · register firrea-12usc-3331 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.