An appraisal management company must maintain a detailed record of each service request that it receives and the employee appraiser or independent appraiser that performs the appraisal assignment for the appraisal management company.
Records must be kept for a period of at least five years after the appraisal assignment request is sent to the independent appraiser or completion of the appraisal report, whichever period expires later.
2010 c 347 art 6 s 21
Structure Minnesota Statutes
Chapters 82 - 83 — Real Estate Sales Regulations
Chapter 82C — Appraisal Management Companies
Section 82C.025 — Appraiser Panel; Annual Size Calculation.
Section 82C.04 — Term Of License.
Section 82C.05 — License Renewal.
Section 82C.07 — Consent To Service Of Process.
Section 82C.08 — Licensing Fees.
Section 82C.09 — Investigations And Subpoenas.
Section 82C.10 — Employee Requirements.
Section 82C.12 — Adherence To Standards.
Section 82C.13 — Record Keeping.
Section 82C.14 — Appraiser Independence; Prohibitions.
Section 82C.16 — Denial, Suspension, Or Revocation Of Licenses.