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Appraisal Management Company
Appraisal Management Company
Overview
Appraisal Management Companies (AMCs) Effective April 1, 2014, it is mandatory for Appraisal Management Companies (AMCs) to be licensed in Michigan. House Bill 4975 of 2011 was signed into law on December 27, 2012. The signed bill became Public Act 505 of 2012.
Article 26A
Article 1-6 of the Occupational Code
Resources for Appraisal Management Companies
Board Information
Currently there is no state board for Appraisal Management Companies.
Other Resources
The State of Michigan Appraisal Management Company (AMC) website provides a comprehensive and structured overview of regulatory and licensing information for appraisal management company professionals within the state. The page includes an overview of the profession including links to the applicable section of the Occupational Code. Users will find the link to apply for or renew an appraisal management company license on this page as well as various links to resources for AMC applicants and licensees such as an AMC statement of ownership, appraisal management company licensing guide and frequently asked questions (FAQs), and resources for skilled immigrants. While there is no state board for AMC’s, the site provides a link to the board of Real Estate Appraisers information page.