Each appraisal management company doing business in this state shall certify to the board on an annual basis that it maintains a detailed record of each service request that it receives and the appraiser that performs the appraisal for the appraisal management company.Records shall be retained for a period of five (5) years after an appraisal is completed or two (2) years after final disposition of a judicial proceeding related to the assignment, whichever period expires later.
Structure Mississippi Code
Title 73 - Professions and Vocations
Chapter 34 - Real Estate Appraisers
Mississippi Appraisal Management Company Registration Act
§ 73-34-107. Completion of irrevocable uniform consent to service of process
§ 73-34-115. Proper level of licensure required for Standard 3 appraisal reviews
§ 73-34-119. Retention of records
§ 73-34-129. Removal of independent appraiser from appraiser panel of appraisal management company
§ 73-34-131. Adjudicatory proceedings for violation of Sections 73-34-101 through 73-34-131