54-4130. APPRAISER COMPENSATION. Except in cases of breach of contract or substandard performance of services, an appraisal management company shall pay an appraiser for the completion of an appraisal or valuation assignment not later than forty-five (45) days after the date the appraiser provides the completed appraisal or valuation assignment to the company or its assignee unless otherwise agreed to by the parties. An appraiser with an adjudicated claim for fees unpaid for more than forty-five (45) days may assert a claim against the bond or letter of credit required in section 54-4124, Idaho Code.
History:
[54-4130, added 2016, ch. 131, sec. 1, p. 393.]
Structure Idaho Code
Title 54 - PROFESSIONS, VOCATIONS, AND BUSINESSES
Chapter 41 - IDAHO REAL ESTATE APPRAISERS ACT
Section 54-4101 - SHORT TITLE.
Section 54-4102 - LEGISLATIVE INTENT.
Section 54-4103 - USE OF TERM “LICENSED” OR “CERTIFIED” APPRAISER — UNLAWFUL PRACTICE OF APPRAISAL.
Section 54-4104 - DEFINITIONS.
Section 54-4105A - APPRAISAL REVIEW.
Section 54-4107 - DISCIPLINARY PROCEEDINGS.
Section 54-4109 - RETENTION OF RECORDS.
Section 54-4110 - QUALIFICATIONS FOR LICENSURE OR CERTIFICATION — EXAMINATIONS.
Section 54-4111 - USE OF DESIGNATION — CORPORATION, PARTNERSHIPS.
Section 54-4112 - REGULAR EXAMINATIONS.
Section 54-4113 - FEES — ISSUANCE OF LICENSES OR CERTIFICATES.
Section 54-4114 - TERM OF LICENSE OR CERTIFICATE — RENEWAL AND REINSTATEMENT.
Section 54-4115 - NONRESIDENT LICENSURE OR CERTIFICATION AND TEMPORARY PRACTICE.
Section 54-4116 - RENEWAL LICENSES OR CERTIFICATES.
Section 54-4117 - INJUNCTIVE RELIEF.
Section 54-4118 - PROOF OF COMPLAINT — PROSECUTION BY COUNTY ATTORNEY.
Section 54-4119 - PENALTY FOR VIOLATION.
Section 54-4120 - SHORT TITLE.
Section 54-4122 - DEFINITIONS.
Section 54-4123 - APPRAISAL PANEL — ANNUAL SIZE CALCULATION.
Section 54-4124 - REGISTRATION REQUIRED.
Section 54-4126 - OWNERSHIP REQUIREMENTS — CONTROLLING PERSONS.
Section 54-4127 - LIMITATIONS ON AGREEMENTS.
Section 54-4128 - APPRAISER ENGAGEMENT.
Section 54-4129 - APPRAISAL REVIEW.
Section 54-4130 - APPRAISER COMPENSATION.
Section 54-4131 - APPRAISER INDEPENDENCE.
Section 54-4132 - ADDITIONAL POWERS OF THE BOARD.