A licensed real estate appraiser shall comply with the current Uniform Standards of Professional Appraisal Practice approved by the board except when performing an evaluation as defined in this article and in the Interagency Appraisal and Evaluation Guidelines published by the federal financial institution regulatory agencies on December 2, 2010, for lending transactions where the amount of the transaction is de minimus and the lending institution has determined that an appraisal is not required, as these guidelines may be amended from time to time or as otherwise provide by federal law.
Structure Code of Alabama
Title 34 - Professions and Businesses.
Chapter 27A - Real Estate Appraisers.
Article 1 - Real Estate Appraisers.
Section 34-27A-1 - Short Title.
Section 34-27A-2 - Definitions.
Section 34-27A-4 - Board Created; Composition; Meetings; Compensation.
Section 34-27A-5 - Rulemaking Authority; Powers and Duties of Board; Immunity From Suit.
Section 34-27A-6 - Fees; Payment Into Real Estate Appraisers Board Fund.
Section 34-27A-7 - Application for Licensure and Examination; Fees; Pledge; Conditions.
Section 34-27A-9 - Classes of Appraisers.
Section 34-27A-10 - Written Examinations for Licensure.
Section 34-27A-11 - Education and Experience Requirements for Licensure.
Section 34-27A-12 - Written Reports, etc., to Be Furnished by Applicant.
Section 34-27A-13 - Term of License; Fees.
Section 34-27A-15 - Renewal License.
Section 34-27A-16 - Principal Place of Business; Notice of Change; Notice of Residence Address.
Section 34-27A-17 - Signatures on License; Display of License Number.
Section 34-27A-18 - Licensure Restrictions.
Section 34-27A-19 - Continuing Education Requirements; Regulations; Requirement for Reinstatement.
Section 34-27A-23 - Uniform Standards of Professional Appraisal Practice.
Section 34-27A-24 - Retention of Appraiser; Appraisal Assignment.
Section 34-27A-25 - No Fee for Certain Contingent Appraisal Assignments.
Section 34-27A-26 - Retention of Contracts and Records.
Section 34-27A-27 - Alabama Real Estate Appraisers Board Fund.