Oak Brook Real Estate Appraiser's License Defense Attorney

Lawyers Representing Real Estate Appraisers Facing Disciplinary Action in DuPage County

An appraiser is an essential part of any real estate transaction. Their ability to impartially evaluate a property gives buyers the peace of mind that they are making a good investment, allows sellers to make sure they are receiving a fair price and provides the mortgage lender with the basis for a loan. A good appraiser must have a detailed understanding of the real estate market, sound analytical skills, and the ability to communicate effectively. After spending time developing these skills and building a successful career, the potential loss of a real estate appraiser's license can be an alarming prospect.

At Kathryn L. Harry & Associates, P.C., we understand the work you have put in to build a successful career, and we know the negative effects that the suspension or revocation of your license can have on your family's finances. Our experienced attorneys can provide the representation you need to reach a successful resolution to the disciplinary action you may be facing.

IDFPR Grounds for Discipline

The Division of Real Estate (DRE) of the Illinois Department of Financial & Professional Regulation (IDFPR) governs real estate appraiser's licenses, following the statutes established in the Illinois Real Estate Appraiser Licensing Act of 2002. This law provides a number of grounds for disciplinary action, including:

• Misrepresenting information - Intentionally committing an act of deception through dishonesty, fraud, or omission with the intent to substantially benefit or injure someone.
• Conflicts of interest - Receiving payment for reporting a certain predetermined conclusion or valuation of a property.
• Negligence - Failure to observe the Uniform Standards of Professional Appraisal Practice.
• Untruthful advertising - Engaging in false or misleading advertising, including using the trade name or insignia of a real estate appraisal organization of which one is not a member.
• Discrimination - Making valuation conclusions that are based on the race, religion, sex, national origin, or marital status of a property's current or prospective owners or occupants.
• Unprofessional conduct - Engaging in unethical acts with the intent of deceiving, defrauding, or harming the public, or displaying a pattern of behavior that demonstrates incompetence or inability to practice appraisal.
• Alcohol or drug abuse - Excessive use of drugs or alcohol which results in an inability to practice appraisal with reasonable judgment, skill, and safety.
• Illness or disability - Physical or mental health issues which result in an inability to practice appraisal with reasonable judgment, skill, and safety.

Contact an Elmhurst Real Estate Broker's License Defense Attorney

If you have received a complaint that has resulted in an IDFPR investigation, our skilled attorneys will work with you to determine the best options for the defense of your license. We can represent you in a disciplinary hearing and negotiate with prosecutors to achieve a favorable outcome that will ensure that you are able to continue practicing your profession and earning a living. Contact our DuPage County real estate appraiser's license defense lawyers today at 630-472-9700 to schedule a free consultation. We serve clients in Lombard, Downers Grove, Hinsdale, Willowbrook, Westmont, Clarendon Hills, and surrounding areas.