Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 54 Pa.B. 5598 (August 31, 2024).

49 Pa. Code § 36.434. Broker price opinions and evaluations.

§ 36.434. Broker price opinions and evaluations.

 (a)  An appraisal management company may not solicit or order, nor offer to solicit or order, a BPO for use in a non-Federally related transaction.

 (b)  An appraisal management company may not solicit or order, nor offer to solicit or order, a BPO for use in a Federally-related transaction.

 (c)  An appraisal management company may not solicit or order, nor offer to solicit or order, an evaluation.

 (d)  A comparative market analysis is not a BPO for purposes of AMCRA, REACA or this subchapter if performed for one or both of the following purposes:

   (1)  In pursuit of a listing.

   (2)  To determine probable selling price.



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