(a) A state-registered appraiser or state-licensed appraiser as defined in § 17-14-103 may appraise real property for compensation if the use of a state-certified appraiser is not required under the Arkansas Appraiser Licensing and Certification Act, § 17-14-101 et seq., § 17-14-201 et seq., and § 17-14-301 et seq., or by federal or state law, rule, or policy.(b) An appraiser shall not sign an appraisal report or be cited within the report as having provided 'significant real property appraisal assistance' in the development of the appraisal without having been state-registered, state-licensed, registered apprentice, or state-certified.(c) An appraiser shall not perform or be employed to perform an appraisal where the property that is subject to the assignment lies within the borders of the State of Arkansas without first being state-registered, state-licensed, registered apprentice, or state-certified by the State Board of Appraisers, Abstracters, and Home Inspectors.Amended by Act 2023, No. 628,§ 22, eff. 7/1/2023.Amended by Act 2019, No. 514,§ 3, eff. 7/24/2019.Acts 1991, No. 416, § 7; 1991, No. 541, § 7; 2001, No. 1256, § 4; 2009, No. 628, § 7.
Arkansas Legal Code