58-4702. Same; purpose. (a) It is the intent of the legislature to develop a process for real estate appraisal management company registration and regulation in order to protect lenders, financial institutions, clients, consumers and the public from economic and financial harm and the potential for such harm that may result from interference with the independence, objectivity and impartiality of the real estate appraisal process.
(b) The purpose of the Kansas appraisal management company registration act is to provide a process for the registration and regulation of entities conducting, performing or engaging in, or attempting to conduct, perform or engage in, real estate appraisal management services as a real estate appraisal management company within the state of Kansas.
History: L. 2012, ch. 93, ยง 2; July 1.
Structure Kansas Statutes
Chapter 58 - Personal And Real Property
Article 47 - Kansas Appraisal Management Company Registration Act
58-4701 Kansas appraisal management company registration act; citation of act.
58-4704 Same; application for registration; transmission of information to national registry.
58-4705 Same; exemptions from registration.
58-4706 Same; registration period.
58-4707 Same; requirements for nonresident applicants; investigation.
58-4708 Same; fees; collection and remittance.
58-4709 Same; limitation on ownership interest in an AMC; conditions.
58-4710 Same; designation of controlling person for AMC.
58-4711 Same; AMC appraiser requirements.
58-4712 Same; appraisal review reporting.
58-4713 Same; record keeping required; inspection of records.
58-4715 Same; unlawful acts; registration required.
58-4717 Same; prohibited acts.
58-4719 Same; modification of appraisal prohibited.
58-4720 Same; registration number.
58-4721 Same; removal of appraiser, limitation.
58-4722 Same; denial of registration or renewal thereof; grounds.
58-4723 Same; penalties; hearing.