543D.19 Retention of records.
1. A certified real estate appraiser shall retain for five years, originals or true copies of all written contracts engaging the appraiser’s services for real estate appraisal work and all reports and supporting data assembled and formulated for use by the appraiser or the associate appraiser in preparing the reports.
2. An appraiser must retain all work files for a period of at least five years after preparation or at least two years after final disposition of any judicial proceeding in which testimony was given, whichever period expires last, and either maintain custody of the appraiser’s work file or make appropriate work file retention, access, and retrieval arrangements with a party having custody of the work file.
3. All records required to be maintained under this chapter shall be made available by a certified real estate appraiser for inspection and copying by the board on reasonable notice to the appraiser.
89 Acts, ch 290, §19
CS89, §117B.19
C93, §543D.19
2003 Acts, ch 43, §2, 3
Structure Iowa Code
Chapter 543D - REAL ESTATE APPRAISALS AND APPRAISERS
Section 543D.4 - Iowa real estate appraiser board.
Section 543D.5 - Powers of the board.
Section 543D.7 - Certification process.
Section 543D.8 - Examination requirement.
Section 543D.9 - Education and experience requirement.
Section 543D.10 - Nonresident certification.
Section 543D.11 - Certification by reciprocity.
Section 543D.12 - Basis for denial.
Section 543D.13 - Principal place of business.
Section 543D.14 - Certificate.
Section 543D.15 - Use of term.
Section 543D.16 - Continuing education.
Section 543D.17 - Disciplinary proceedings.
Section 543D.18 - Standards of practice.
Section 543D.18A - Penalties for improper influence of an appraisal assignment.
Section 543D.19 - Retention of records.
Section 543D.20 - Registration of associate real estate appraisers.
Section 543D.21 - Violations — injunctions — civil penalties.