58-4123. Appraiser's records, retention and board access; consent to inspection. (a) A state certified or licensed appraiser shall retain for five years originals or true copies of all written contracts engaging the appraiser's services for real property appraisal work and all reports and supporting data assembled and formulated by the appraiser in preparing the reports.
(b) The five-year period for retention of records is applicable to each engagement of the services of the appraiser and shall commence upon the date of the submittal of the appraisal to the client unless, within such five-year period, the appraiser is notified that the appraisal or report is involved in litigation, in which event the five-year period for the retention of records shall commence upon the date of the final disposition of such litigation.
(c) All records required to be maintained under the provisions of this act shall be made available by the appraiser for inspection and copying by the board on reasonable notice to the appraiser.
(d) The application for or acceptance of a license or certificate shall be deemed conclusively to be the consent of the applicant, licensee or certificate holder to the right of inspection of appraisal records, reports and supporting data by the board or the board's authorized representative, upon prior notice which shall not be less than three days, during normal business hours unless otherwise agreed. Each applicant or appraiser shall grant full access to all appraisal records, reports and supporting data which pertain to the application process or to a complaint investigation. Such inspection may be conducted by the board or the board's representative. Refusal of such inspection shall be grounds for denial, suspension or revocation of the license or certificate.
History: L. 1990, ch. 270, § 23; L. 1991, ch. 164, § 22; L. 1997, ch. 48, § 2; July 1.
Structure Kansas Statutes
Chapter 58 - Personal And Real Property
Article 41 - Real Estate Appraisers
58-4104 Real estate appraisal board; establishment.
58-4105 Real estate appraisal board; powers; requirements for certification.
58-4108 Application for certification, licensure or examination.
58-4109 Classes of appraisers.
58-4110 Expiration of certificates and licenses.
58-4111 Reciprocal certification and licensure.
58-4112 Real estate appraisers; renewal of certificate or license.
58-4112a Real estate appraisers; inactive status.
58-4113 Denial of certificate or license.
58-4114 Appraiser's address; notice to commission.
58-4115 Certificate or license; number required, when.
58-4116 Certification and licensure limited to individuals.
58-4120 Judicial review of board action.
58-4121 Appraisal practice standards.
58-4122 Employment of certified or licensed appraiser, purpose.
58-4123 Appraiser's records, retention and board access; consent to inspection.
58-4124 Mandatory licensure or certification, study and recommendations by board.