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§ 16-5B-12. Duty of appraisal management company to report appraiser misconduct

West's Annotated Code of MarylandBusiness Occupations and ProfessionsEffective: July 1, 2011

West's Annotated Code of Maryland
Business Occupations and Professions
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors (Refs & Annos)
Subtitle 5b. Real Estate Appraisal Management Companies (Refs & Annos)
Effective: July 1, 2011
MD Code, Business Occupations & Professions, § 16-5B-12
§ 16-5B-12. Duty of appraisal management company to report appraiser misconduct
Currentness
An appraisal management company shall inform the Commission when the appraisal management company has a reasonable basis to believe that:
(1) an appraiser has:
(i) failed to comply with the Uniform Standards of Professional Appraisal Practice;
(ii) violated applicable laws; or
(iii) engaged in unethical or unprofessional conduct; and
(2) the appraiser's conduct under item (1) of this section is likely to affect the value assigned to the consumer's principal dwelling.

Credits

Added by Acts 2011, c. 269, § 1, eff. July 1, 2011; Acts 2011, c. 270, § 1, eff. July 1, 2011.
MD Code, Business Occupations & Professions, § 16-5B-12, MD BUS OCCUP & PROF § 16-5B-12
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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