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§ 32-3601 – Definitions

32-3601. Definitions In this chapter, unless the context otherwise requires: 1. " Appraisal" or " real estate appraisal" means a statement that is independently and impartially prepared by an individual setting forth an opinion as to the market value of real property as of a specific date and supported by the presentation and analysis of […]

§ 32-3602 – Applicability of chapter

32-3602. Applicability of chapter This chapter does not apply to: 1. A real estate broker or salesperson who is licensed in this state and who, when acting as such, gives an opinion as to the price of real estate if this opinion is not referred to as an appraisal. 2. A natural person, a corporation […]

§ 32-3603 – Registration, license or certificate use; exception

32-3603. Registration, license or certificate use; exception A. All real estate appraisals and appraisal reviews performed on real property in this state shall be performed only by individuals who are registered, licensed or certified in accordance with the requirements of this chapter. No person, other than a registered trainee appraiser or a state-licensed or state-certified […]

§ 32-3605 – Deputy director; duties; powers; immunity

32-3605. Deputy director; duties; powers; immunity A. The deputy director shall adopt rules in aid or in furtherance of this chapter. B. The deputy director shall: 1. Adopt standards for appraisal practice that is regulated by this chapter. The standards at a minimum shall be equivalent to the standards of professional appraisal practice. 2. In […]

§ 32-3607 – Fees; use of credit cards; appraisal subcommittee fund

32-3607. Fees; use of credit cards; appraisal subcommittee fund A. The deputy director shall charge and collect fees that are sufficient to fund the activities necessary to carry out this chapter. The fees include: 1. An application fee for licensure or certification of not more than $400. 2. An application fee for a resident temporary […]

§ 32-3609 – Confidential records

32-3609. Confidential records Except as otherwise provided by law, the following records are confidential: 1. Questions contained in any examination administered by or for the deputy director or in any examination submitted to the deputy director for course approval. 2. Questions asked and the answers of individual examinees, except that the deputy director shall provide […]