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§ 16-208. Appraisal standards of conduct, code of ethics and standards of practice for home ins...

West's Annotated Code of MarylandBusiness Occupations and Professions

West's Annotated Code of Maryland
Business Occupations and Professions
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors (Refs & Annos)
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors (Refs & Annos)
MD Code, Business Occupations & Professions, § 16-208
§ 16-208. Appraisal standards of conduct, code of ethics and standards of practice for home inspectors
In general
(a) To protect the interests of the public, the Commission shall promptly adopt, by regulation:
(1) appraisal standards of conduct for all individuals licensed or certified as real estate appraisers under this title, including standards regarding conflicts of interest and ethical conduct; and
(2) a code of ethics and standards of practice for individuals licensed as home inspectors under this title.
Uniform standards of professional appraisal practice
(b) The Commission shall promptly adopt at a minimum the uniform standards of professional appraisal practice of the appraisal foundation to meet the requirement under subsection (a) of this section.
Copy of standards provided to appraisers, inspectors
(c) At the request of a licensee or certificate holder, the Commission shall provide a copy of the appraisal standards it adopts to the licensed or certified real estate appraiser or a copy of home inspection standards it adopts to the licensed home inspector.

Credits

Added by Acts 1990, c. 594. Renumbered from Business Occupations and Professions § 15.5-208 by Acts 1994, c. 3, § 13, eff. Feb. 28, 1994. Amended by Acts 2001, c. 470, § 1, eff. Oct. 1, 2001; Acts 2002, c. 226, § 1, eff. July 1, 2002.
MD Code, Business Occupations & Professions, § 16-208, MD BUS OCCUP & PROF § 16-208
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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