Chapter III: Mortgages

The property valuation expert mentioned in 1° of article L. 313-20 is: 1° Either an external appraiser, a natural or legal person, who is an appraisal expert with no ties to the lender, whether subordinate, family or capital, and who has no personal economic interest in the appraised property; 2° Or an internal appraiser, a natural or legal person, who does not meet one or more of the conditions mentioned…

The appraiser provides evidence of professional skills resulting from:1° Either a higher education diploma attesting to specific real estate training and professional experience of at least three consecutive years with a real estate appraiser or a real estate appraisal firm ;2° Or a higher education diploma, supplemented by specific real estate training sanctioned by a diploma and professional experience of at least two consecutive years with a real estate appraiser…

The appraiser ensures that his/her knowledge useful for the appraisal is kept up to date in the technical, legal, tax and accounting fields, through appropriate professional training that takes particular account of changes in the applicable legislation or regulations. They must provide proof that their skills have been kept up to date as part of their continuing training, by presenting certificates.

The documents mentioned in Article L. 313-22 of the French Consumer Code are : 1° The appraisal document and the documents mentioned in article L. 313-21; 2° Documents proving that the expert meets the requirements set out in article L. 313-20.