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Reference examples of acceptable and non acceptable organizational/supervisory arrangements

Notes:

Explanation/Example

SUBPART B Reference § 24.102(n)

Supervision of Appraisers

The following are examples of organizational structures that do and that do not comply with new regulatory requirements. (Reference § 24.102(n) and Appendix A.) The Federal funding agency may waive the organizational structure requirement if it would create a hardship for the acquiring agency due to insufficient staffing.

There are three elements of this requirement to minimize the risk of fraud while allowing agencies to operate as efficiently as possible.

The following examples will deal with the requirement described in the second bullet above.

Updated: 09/05/2014
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