The Division of Commercial Licensing is responsible for the licensing and regulation of Real Estate Appraisers. The Real Estate Appraiser Section coordinates and administers examinations for real estate appraisers. Additionally, the Section is responsible for issuing licenses/certificates to real estate appraiser course providers. The Section is also empowered to investigate and adjudicate complaints to insure license compliance with Rhode Island State laws, rules and regulations.
State Appraiser, AMC and Banking Regulators
Appraisers, AMCs, financial institutions and others are regulated by State agencies. Select your State to find agencies that may be relevant to your complaint.
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The Division provides regulatory oversight of State-chartered financial institutions, credit unions and licensees through financial examination and reviews to determine compliance with State banking laws, financial solvency and safety and soundness operations.
The Division provides regulatory oversight of State-chartered financial institutions, credit unions and licensees through financial examination and reviews to determine compliance with State banking laws, financial solvency and safety and soundness operations.
The Real Estate Section issues licenses to candidates who meet the regulatory requirements for real estate brokers and salespersons. It also regulates real estate schools' curriculum and contracts with a testing vendor to provide licensing exams. This section also protects consumers by investigating and disciplining licensees who violate laws and regulations.
The Consumer Protection Unit investigates and mediates consumer complaints concerning unfair and unlawful business practices and misleading advertising arising out of alleged violations of the Deceptive Trade Practices Act. If groups of people are victimized by a deceptive trade practice, the office may file in the Superior Court a civil investigative demand, which is a formal investigation. In appropriate cases, a lawsuit to stop the illegal business practice may be initiated.