Puerto Rico
Appraiser Program Point of Contact
Emir J. Otero
Director
eotero@estado.pr.gov
787-722-2122, ext. 4313
Mailing Address
Board of Examiners Division
P.O. Box 9023271
San Juan, PR 00902-3271
United States
Phone
Fax
Not Specified
AMC Program Point of Contact
Mailing Address
-
-
-
-, PR 00902-3271
United States
Phone
-
Fax
Appraiser Compliance Review Findings
Current Finding:
Needs Improvement
November 2019
Review Cycle:
Two-Year
AMC Compliance Review Findings
Current Finding:
Review Cycle:
Summary Reports
State Contact Information
Download a PDF of all States contact information
Appraiser Compliance Review Findings
View a list of States appraiser regulatory program findings
AMC Compliance Review Findings
View a list of States AMC regulatory program findings
How ASC Monitors State Compliance
The ASC monitors how each State's regulatory program:
- recognizes and enforces the standards, requirements and procedures prescribed by Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (Title XI),
- has adequate authority to carry out its Title XI-related functions,
- makes decisions consistent with Title XI concerning appraisal standards, appraiser qualifications, supervision of appraiser practices and registration of AMCs.
The ASC's Compliance Review process is risk-based review process, focusing on areas of State Appraiser or AMC Programs that are not in compliance with Title XI or that exhibit characteristics which could lead to non-compliance. The ASC's rating criteria for Compliance Review Reports focus on three key components:
- Complying with Title XI mandates and requirements of ASC Policy Statements
- Maintaining a strong regulatory program
- Limiting overall risk of Program failure
More information on how ASC monitors State real estate appraiser and AMC regulatory programs is available in ASC Annual Reports.