An appraisal management company may not remove an appraiser from its appraiser panel, or otherwise refuse to assign requests for real estate appraisal services to an independent appraiser without:
(1) notifying the appraiser in writing of the reasons why the appraiser is being removed from the appraiser panel or is not receiving appraisal requests from the appraisal management company;
(2) if the appraiser is being removed from the panel for illegal conduct, having determined that the appraiser has violated USPAP, or chapter 82B, taking into account the nature of the alleged conduct or violation; and
(3) providing an opportunity for the appraiser to respond and appeal the notification of the appraisal management company.
2010 c 347 art 6 s 23; 2020 c 80 art 1 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.