Tennessee Real Estate Appraisal Management Application
This document is an official application for Appraisal Management Company registration in Tennessee. It outlines the required documentation and fees necessary for submission. Make sure to complete all sections accurately to ensure a smooth application process.
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How do I fill this out?
To fill out this form, start by gathering all necessary documentation. Follow the prompts on the application to provide detailed information about your Appraisal Management Company. Double-check your entries for accuracy before submission.
How to fill out the Tennessee Real Estate Appraisal Management Application?
1
Gather required documents and information.
2
Complete all sections of the application form.
3
Review your answers for accuracy.
4
Attach necessary identification and affidavits.
5
Submit the application along with the fee.
Who needs the Tennessee Real Estate Appraisal Management Application?
1
Appraisal Management Companies looking to operate in Tennessee.
2
Real estate professionals who are applying for a management license.
3
Business owners who own more than 10% of the appraisal company.
4
Individuals responsible for compliance as controlling persons.
5
Anyone needing to certify their compliance with Tennessee appraisal laws.
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What are the instructions for submitting this form?
To submit the form, attach all required documents and send them to the Tennessee Real Estate Appraiser Commission at 500 James Robertson Parkway, Nashville, Tennessee 37243. You may also submit via fax to (615) 253-1692 or email to the appropriate designation available on their website. Ensure that the application fee of $2,000 is included, and utilize personal checks, certified checks, or money orders for payment.
What are the important dates for this form in 2024 and 2025?
For the 2024 and 2025 filing years, ensure your applications are submitted before the annual deadlines set by the Tennessee Real Estate Appraiser Commission. Keeping track of licensing renewal dates is crucial to maintain compliance. Pay special attention to updates regarding any changes in regulations that may affect your application.
What is the purpose of this form?
The purpose of this form is to collect necessary information from Appraisal Management Companies intending to operate in Tennessee. It ensures compliance with state regulations regarding real estate appraising services. By filling out this form, applicants demonstrate their commitment to upholding the standards of the industry.
Tell me about this form and its components and fields line-by-line.
- 1. Appraisal Management Company Name: The official name of the company applying for registration.
- 2. Mailing Address: The address where all correspondence regarding the application should be sent.
- 3. Controlling Person: Details about the individual responsible for compliance with the application.
- 4. Character Information Affidavit: A sworn statement concerning the background of the controlling person.
- 5. Surety Bond: An amount of $20,000 to ensure compliance with state laws.
What happens if I fail to submit this form?
Failure to submit this form may result in your business not being able to operate legally in Tennessee. This means you could face legal actions or fines from state authorities. Ensuring submission is crucial for maintaining compliance with real estate appraisal regulations.
- Legal Penalties: Operating without a valid registration can lead to significant fines.
- Reputation Damage: Failure to comply may harm your business reputation and future opportunities.
- Service Interruptions: Not submitting on time may lead to suspension of services or inability to conduct business.
How do I know when to use this form?
- 1. Initial Registration: Use this form for your first application to register your appraisal business.
- 2. License Renewal: Submit when renewing the annual license for your appraisal management business.
- 3. Change in Ownership: Notify the Commission of significant changes in your company's ownership.
Frequently Asked Questions
What is the purpose of this application?
This application is required for registering an Appraisal Management Company in Tennessee.
How do I submit the application?
You can submit the application by mail or electronically via the PrintFriendly platform.
What documents do I need to attach?
You need to attach identification, a character information affidavit, and proof of compliance.
Can I edit this PDF?
Yes, you can edit the PDF using PrintFriendly’s editing tools before submitting.
What is the application fee?
The application fee is $2,000.00.
How long does the processing take?
Processing time may vary, but you can follow up with the commission after submission.
Is there a deadline for submission?
It's advisable to submit as soon as the document is complete to avoid delays.
What if I have mistakes on my application?
You can edit the application in PrintFriendly before finalizing it for submission.
Where can I find more information?
More information can be found on the Tennessee Real Estate Appraiser Commission website.
How can I print the PDF?
You can print the PDF directly from PrintFriendly after editing.
