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§ 16-5b-07 — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. Business Occupations and Professions/
  5. Title 16 - Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors/
  6. Subtitle 5b - Real Estate Appraisal Management Companies/
  7. § 16-5b-07
Maryland Legal Code

§ 16-5b-07

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An appraisal management company may not: (1) knowingly employ a person in a position in which the person has the responsibility to order appraisals or to review completed appraisals who has had a license or certificate to act as an appraiser refused, denied, canceled, revoked, or surrendered in any state, unless the license or certificate was subsequently granted or reinstated; (2) knowingly enter into an independent contractor arrangement for real estate appraisal services with a person who has had a license or certificate to act as an appraiser refused, denied, canceled, revoked, or surrendered in any state, unless the license or certificate was subsequently granted or reinstated; or (3) knowingly enter into a contract, an agreement, or any other business relationship, for the purpose of obtaining real estate appraisal services, with an entity that employs, has entered into an independent contract arrangement with, or has entered into a contract, an agreement, or any other business relationship with a person who has ever had a license or certificate to act as an appraiser refused, denied, canceled, revoked, or surrendered in any state, unless the license or certificate was

ness relationship with a person who has ever had a license or certificate to act as an appraiser refused, denied, canceled, revoked, or surrendered in any state, unless the license or certificate was subsequently granted or reinstated.