Appraisal Management Company

An Appraisal Management Company (AMC) is an entity authorized to provide appraisal management services as defined by House Bill 1146 passed during the 82nd legislative session. TALCB has jurisdiction over AMCs operating in the state of Texas. AMCs doing business in the State of Texas must be registered with TALCB prior to operating in Texas.

AMC registration is a two-step process:

1. To register as an AMC, a company must follow these instructions:
• File the Application by using the My License Online Services link or submit the Registration as An Appraisal Management Company application.
• Pay the $3300.00 application fee for a two year registration
• If the AMC is a business entity, a current "Certificate of Good Standing", dated within 21 days prior to the date of the application, issued by the governing state agency where the business entity was incorporated or organized, recognizing the standing of the business entity in that state must be provided with the application.
• Provide owner information for each individual or entity that owns more than 10% of the company (there can be up to 9 owners)
• Each owner, owning more than 10% of the AMC, must sign and submit a separate AMC Owner/Primary Contact Background History form
• Provide the name of the Primary Contact (The Primary Contact must also submit the background history form and must be an owner, officer, or director of the AMC OR must be authorized by the AMC to enter into contractual relationships with others to perform appraisal management services. This person must be a certified appraiser OR must have taken the 15-hour National USPAP course and remain current with the 7 hour USPAP Update course.)
• The AMC must also have an Appraiser Contact who is an active licensed or certified appraiser to serve as the Appraiser Contact for the AMC to answer questions from appraisers on the AMC's panel.
2. After the AMC registration has been approved by TALCB, each AMC is required to notify TALCB of its appraisal panelists by creating an online account and maintaining a list of Texas appraisers on the AMC’s panel.
Select the My License Online Services link to complete this process.

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