Section 16-401 – Records

    (a)    Subject to the provisions of subsection (b) of this section, a licensed real estate appraiser shall keep, for 5 years from the date of delivery to the client, the original or a copy of:         (1)    each contract the licensee enters into for the provision of real estate appraisal services;         (2)    each appraisal report the licensee prepares or […]

Section 16-402 – Contingent Fees

    (a)    (1)    In this section the following words have the meanings indicated.         (2)    “Independent appraisal service” means an engagement for which a licensed real estate appraiser is perceived by a third party or the public to act as a disinterested third party in rendering an unbiased analysis, opinion, or conclusion about the nature, quality, use, or value for […]