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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A person applying for registration as an appraisal management company shall certify to the Commission on an annual basis that it will maintain a detailed record of:
(1) each service request that it receives; and
(2) each appraiser that performs the appraisal for the appraisal management company.
(b) An appraisal management company shall retain the records required under subsection (a) of this section for 5 years after an appraisal is completed, or 2 years after final disposition of a judicial proceeding related to the assignment, whichever period expires later.
Cite this article: FindLaw.com - Maryland Code, Business Occupations and Professions § 16-5B-09 - last updated January 01, 2025 | https://codes.findlaw.com/md/business-occupations-and-professions/md-code-bus-occup-and-prof-sect-16-5b-09/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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