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NOTICE OF INTENT Office of the Governor Real Estate Appraisers Board Compensation of Fee Appraisers (LAC 46:LXVII.31101) Under the authority of the Louisiana Real Estate Appraisers Law, R.S. 37:3397

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What is compensation of fee appraisers?

Compensation of fee appraisers refers to the amount paid to appraisers for their services in valuing a real estate property.

Who is required to file compensation of fee appraisers?

Lenders and appraisal management companies are required to file compensation of fee appraisers.

How to fill out compensation of fee appraisers?

To fill out compensation of fee appraisers, one must provide details of the appraisers hired, the services rendered, and the amount paid for their services.

What is the purpose of compensation of fee appraisers?

The purpose of compensation of fee appraisers is to ensure transparency and accuracy in the valuation process of real estate properties.

What information must be reported on compensation of fee appraisers?

The information to be reported on compensation of fee appraisers includes the names of appraisers, services provided, and the compensation amount.

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