Business Occupations and Professions (GBO) — Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Statutes in effect as of October 1, 2026.
Subtitle 1. Definitions
Md. Code Ann., Bus. Occ. & Prof. § 16-101 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 1. Definitions
§ 16–101LinkCopy Citation
(a)
In this title the following words have the meanings indicated.
(b)
(1)
“Appraisal” means an analysis, conclusion, or opinion about the nature, quality, utility, or value of interests in or aspects of identified real estate.
(2)
“Appraisal” includes:
(i)
a valuation appraisal;
(ii)
an analysis assignment; and
(iii)
a review assignment.
(3)
“Appraisal” does not include an opinion to a potential seller or third party by a person licensed under Title 17 of this article about the recommended listing price or recommended purchase price of real estate, provided that the opinion is not referred to as an appraisal.
(c)
“Appraisal report” means any communication, oral or written, of an appraisal.
(d)
“Central Repository” means the Criminal Justice Information System Central Repository of the Department of Public Safety and Correctional Services.
(e)
(1)
“Certificate” means, unless the context requires otherwise, a certificate issued by the Commission that allows an individual to provide certified real estate appraisal services.
(2)
“Certificate” includes, unless the context requires otherwise, each of the following certificates:
(i)
a certificate to provide certified real estate appraisal services for general real estate; and
(ii)
a certificate to provide certified real estate appraisal services for residential real estate.
(f)
“Certified appraisal report” means an appraisal report prepared and signed by a certified real estate appraiser.
(g)
(1)
“Certified real estate appraiser” means, unless the context requires otherwise, an individual who is certified by the Commission to provide certified real estate appraisal services.
(2)
“Certified real estate appraiser” includes:
(i)
a certified real estate appraiser for general real estate; and
(ii)
a certified real estate appraiser for residential real estate.
(h)
“Commission” means the State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors.
(i)
“Home inspection” means a written evaluation of one or more of the components of an existing residential building, including the heating system, cooling system, plumbing system, electrical system, structural components, foundation, roof, masonry structure, exterior and interior components, or any other related residential housing component.
(j)
“Home inspector” means an individual who provides home inspection services for compensation.
(k)
“License” means, unless the context requires otherwise, a license issued by the Commission to provide real estate appraisal services or to provide home inspection services.
(l)
“Licensed home inspector” means an individual who is licensed by the Commission to provide home inspection services.
(m)
“Licensed real estate appraiser” means an individual who is licensed by the Commission to provide real estate appraisal services.
(n)
“Provide certified real estate appraisal services” means to provide real estate appraisal services as a certified real estate appraiser.
(o)
“Provide home inspection services” means to provide home inspection services as a licensed home inspector.
(p)
“Provide real estate appraisal services” means to make for consideration an appraisal of real estate or prepare or sign an appraisal report in connection with a federally related transaction, as defined in the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
(q)
(1)
“Real estate” means any interest in real property that is located in the State or elsewhere.
(2)
“Real estate” includes:
(i)
an interest in a condominium; and
(ii)
a time–share estate or a time–share license, as those terms are defined in § 11A–101 of the Real Property Article.
(r)
“Real estate appraiser trainee” means an individual who is licensed by the Commission to provide real estate appraisal services while:
(1)
under the supervision of a supervising appraiser; and
(2)
in training to become a licensed real estate appraiser or certified real estate appraiser.
(s)
“Supervising appraiser” means a certified residential real estate appraiser or a certified general real estate appraiser who has the responsibility of supervising one or more real estate appraiser trainees.
(t)
(1)
“Supervision” means the responsibility of a supervising appraiser to provide on–site direction or immediately available direction, through written instructions or by electronic means, to real estate appraiser trainees performing real estate appraisal services.
(2)
“Supervision” includes a supervising appraiser accepting direct responsibility for a real estate appraisal prepared by the real estate appraiser trainee while the trainee is under the supervising appraiser’s direction on a specific appraisal assignment.
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Md. Code Ann., Bus. Occ. & Prof. § 16-201 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–201LinkCopy Citation
There is a State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors in the Department.
Md. Code Ann., Bus. Occ. & Prof. § 16-202 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–202LinkCopy Citation
(a)
(1)
The Commission consists of 15 members.
(2)
Of the 15 members of the Commission:
(i)
at least 2 shall be certified general real estate appraisers;
(ii)
2 shall be certified general real estate appraisers, certified residential real estate appraisers, or licensed real estate appraisers;
(iii)
2 shall be representatives of a financial institution who are not certified or licensed real estate appraisers or home inspectors;
(iv)
4 shall be licensed home inspectors, each of whom shall have held a license as a home inspector in the State for at least 5 years;
(v)
4 shall be consumer members; and
(vi)
1 shall be a representative of an appraisal management company registered under Subtitle 5B of this title.
(3)
The Governor shall:
(i)
appoint the members with the advice of the Secretary and with the advice and consent of the Senate; and
(ii)
consider demographic and geographic diversity when making appointments to the Commission.
(b)
Each member of the Commission shall be a citizen of the State.
(c)
(1)
Each consumer member of the Commission:
(i)
shall be a member of the general public;
(ii)
may not be a licensee, holder of a certificate, or otherwise be subject to regulation by the Commission;
(iii)
may not be required to meet the qualifications for the professional members of the Commission; and
(iv)
may not, within 1 year before appointment, have had a financial interest in or have received compensation from a person regulated by the Commission.
(2)
While a member of the Commission, a consumer member may not:
(i)
have a financial interest in or receive compensation from a person regulated by the Commission; or
(ii)
grade any examination given by or for the Commission.
(d)
Before taking office, each appointee to the Commission shall take the oath required by Article I, § 9 of the Maryland Constitution.
(e)
(1)
The term of a member is 3 years.
(2)
The terms of members are staggered as required by the terms provided for members of the Commission on January 1, 1991.
(3)
At the end of a term, a member continues to serve until a successor is appointed and qualifies.
(4)
A member who is appointed after a term has begun serves only for the rest of the term and until a successor is appointed and qualifies.
(5)
A member may not serve for more than 2 consecutive 3–year terms.
(f)
(1)
The Governor may remove a member for incompetence or misconduct.
(2)
Except as provided in paragraph (3) of this subsection and subject to paragraph (4) of this subsection, a member shall be considered to have resigned if the member did not attend at least two–thirds of the Commission meetings held during any consecutive 12–month period while the member was serving on the Commission.
(3)
The Governor may waive a member’s resignation and allow the member to continue serving if the member has been unable to attend meetings for reasons satisfactory to the Governor and the reasons are made public.
(4)
In accordance with § 8–501 of the State Government Article, the chairman shall provide notice to the Governor and the Governor shall appoint a successor.
Md. Code Ann., Bus. Occ. & Prof. § 16-203 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–203LinkCopy Citation
(a)
(1)
From among its members, the Commission annually shall elect a chairman and a vice chairman, provided:
(i)
if a chair is elected from among the real estate appraiser members, then the vice chairman shall be elected from among the licensed home inspector members; and
(ii)
if a chair is elected from among the licensed home inspector members, then the vice chairman shall be elected from among the real estate appraiser members.
(2)
At the end of a term, the chairman and vice chairman may be reelected.
(b)
The chairman shall perform the duties that this title and the Commission require.
(c)
While in office, the chairman shall be covered by a surety bond or an insurance policy of the type and in the amount of coverage determined by the State Treasurer under § 5–108 of the State Government Article.
Md. Code Ann., Bus. Occ. & Prof. § 16-204 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–204LinkCopy Citation
(a)
(1)
Subject to paragraph (2) of this subsection, a majority of the members then serving on the Commission is a quorum.
(2)
A majority of the members then serving on the Commission is not a quorum unless 2 home inspector members and 2 real estate appraiser members are present.
(b)
(1)
The Commission shall meet at least once each calendar quarter, at the times and places that the Commission determines.
(2)
Each member of the Commission shall receive written notice of the time and place of a meeting at least 10 days before the scheduled date of the meeting.
(3)
Within a reasonable time after giving notice to the Commission, a member of the public is entitled to be heard, at a meeting of the Commission, on any matter within the jurisdiction of the Commission.
(c)
Each member of the Commission is entitled to:
(1)
compensation in accordance with the State budget; and
(2)
reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.
Md. Code Ann., Bus. Occ. & Prof. § 16-205 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–205LinkCopy Citation
(a)
(1)
The Secretary shall appoint the executive director of the Commission from a list of 3 nominees submitted by the Commission.
(2)
The executive director serves at the pleasure of the Secretary.
(b)
(1)
The executive director may not hold any position or engage in another business that:
(i)
interferes with the position of executive director; or
(ii)
might conflict with the position of executive director.
(2)
While employed by the Commission, the executive director may not:
(i)
be licensed in any state as a real estate appraiser or a home inspector;
(ii)
engage in any act for which a license is required under this title; or
(iii)
in connection with any real estate appraisal transaction or home inspection engagement, directly or indirectly receive or become entitled to receive any compensation, fee, or perquisite.
(c)
The executive director is entitled to:
(1)
compensation in accordance with the State budget; and
(2)
reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.
(d)
The executive director is a special appointment in the State Personnel Management System.
(e)
While employed as executive director, the executive director shall be covered by a surety bond or an insurance policy of the type and in the amount of coverage determined by the State Treasurer under § 5–108 of the State Government Article.
Md. Code Ann., Bus. Occ. & Prof. § 16-206 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–206LinkCopy Citation
The executive director shall:
(1)
keep a record of each act, communication, and proceeding of the Commission; and
(2)
perform any other duty that the Commission considers appropriate.
Md. Code Ann., Bus. Occ. & Prof. § 16-207 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–207LinkCopy Citation
(a)
The Commission, in accordance with the State budget, may employ:
(1)
a general staff; and
(2)
an investigative staff to conduct investigations.
(b)
While employed by the Commission, an individual may not:
(1)
be licensed in any state as a real estate appraiser or home inspector;
(2)
engage in any act for which a license is required under this title; or
(3)
in connection with any real estate appraisal transaction or home inspection engagement, directly or indirectly receive or become entitled to receive any compensation, fee, or perquisite.
Md. Code Ann., Bus. Occ. & Prof. § 16-208 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–208LinkCopy Citation
(a)
To protect the interests of the public, the Commission shall promptly adopt, by regulation:
(1)
appraisal standards of conduct for all individuals licensed or certified as real estate appraisers under this title, including standards regarding conflicts of interest and ethical conduct; and
(2)
a code of ethics and standards of practice for individuals licensed as home inspectors under this title.
(b)
The Commission shall promptly adopt at a minimum the uniform standards of professional appraisal practice of the appraisal foundation to meet the requirement under subsection (a) of this section.
(c)
At the request of a licensee or certificate holder, the Commission shall provide a copy of the appraisal standards it adopts to the licensed or certified real estate appraiser or a copy of home inspection standards it adopts to the licensed home inspector.
Md. Code Ann., Bus. Occ. & Prof. § 16-209 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–209LinkCopy Citation
(a)
(1)
The Commission shall administer and enforce the provisions of this title.
(2)
In connection with any action to enforce the provisions of this title, the Commission may:
(i)
hold hearings;
(ii)
administer oaths;
(iii)
issue a subpoena for the attendance of a witness to testify or the production of evidence; or
(iv)
take depositions in the same manner as provided in civil cases in the State.
(3)
The Police Department of Baltimore City, the sheriff of a county, or a private process server shall serve a subpoena issued under this subsection.
(4)
If a person fails to comply with a subpoena issued under this subsection, on petition of the Commission or another party, a circuit court may compel compliance with the subpoena.
(b)
(1)
If the Commission concludes that conduct alleged to be a violation of any provision of this title may result in irreparable harm to a person, the Commission may sue to enforce a provision of this title by ex parte, interlocutory, or final injunction.
(2)
In seeking an injunction under this subsection, the Commission is not required to:
(i)
post bond, if the injunction is sought against a person who does not hold a license issued under this title;
(ii)
allege or prove that an adequate remedy at law does not exist; or
(iii)
allege or prove that substantial or irreparable damage would result from the continued violation of the provision.
(c)
(1)
Subject to the provisions of this section, the Commission shall conduct an investigation that relates to any complaint alleging that an unauthorized person has provided real estate appraisal services or home inspection services.
(2)
A complaint shall:
(i)
be in writing;
(ii)
state specifically the facts on which the complaint is based; and
(iii)
be submitted to the Commission.
(3)
If a complaint is made by any person other than a member of the Commission, the complaint shall be made under oath by the person who submits the complaint.
(d)
A member of the Commission may not be held personally liable for any action taken under this section.
Md. Code Ann., Bus. Occ. & Prof. § 16-210 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–210LinkCopy Citation
(a)
The Commission shall establish a Real Estate Appraisal Hearing Board.
(b)
(1)
The Hearing Board shall consist of 3 members of the Commission, appointed by the Commission.
(2)
Of the 3 positions on the Real Estate Appraisal Hearing Board:
(i)
1 shall be a representative of a financial institution;
(ii)
1 shall be a consumer member; and
(iii)
1 shall be an appraiser with a level of licensure or certification at least equal to the individual subject to the disciplinary action.
(c)
From among the members of the Hearing Board, the Commission shall designate a chairman.
Md. Code Ann., Bus. Occ. & Prof. § 16-210.1 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–210.1LinkCopy Citation
(a)
The Commission shall establish a Home Inspector Hearing Board.
(b)
(1)
The Hearing Board shall consist of 3 members of the Commission, appointed by the Commission.
(2)
Of the 3 positions on the Home Inspector Hearing Board:
(i)
2 shall be licensed home inspectors; and
(ii)
1 shall be a consumer member.
(c)
From among the members of the Hearing Board, the Commission shall designate a chairman.
Md. Code Ann., Bus. Occ. & Prof. § 16-210.2 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–210.2LinkCopy Citation
(a)
The Commission shall establish an appraisal management company hearing board.
(b)
(1)
The hearing board consists of three members of the Commission, appointed by the Commission.
(2)
Of the three positions on the appraisal management company hearing board:
(i)
one shall be a representative of a financial institution;
(ii)
one shall be a consumer member; and
(iii)
one shall be a representative of an appraisal management company.
(c)
From among the members of the hearing board, the Commission shall designate a chair.
Md. Code Ann., Bus. Occ. & Prof. § 16-211 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–211LinkCopy Citation
(a)
The Commission shall refer to the appropriate hearing board for a hearing any matter for which a hearing may be required under § 16–701, § 16–701.1, or § 16–701.2 of this title.
(b)
The hearing board may exercise the same powers and shall conduct a hearing in accordance with the same procedures applicable to the Commission under § 16–602 of this title.
(c)
(1)
The hearing board shall determine if there is a reasonable basis to believe that there are grounds for disciplinary action under this title against a licensee.
(2)
(i)
If the hearing board finds a reasonable basis as provided under paragraph (1) of this subsection, the hearing board shall:
(1)
hold a hearing on the matter; and
(2)
file its finding with the Commission.
(ii)
If the hearing board does not find a reasonable basis as provided under paragraph (1) of this subsection, the hearing board shall dismiss the complaint.
(3)
A hearing board shall advise the Commission specifically of any action brought against a licensee as a result of monetary loss, misappropriation of money, or fraud.
(d)
(1)
(i)
Within 15 days after the filing of a decision by a hearing board, the Commission or any of its members may file an exception to the decision of the hearing board.
(ii)
On the filing of an exception under subparagraph (i) of this paragraph, the Commission shall set a hearing on the matter.
(2)
If an exception is not filed within the time allowed under paragraph (1)(i) of this subsection:
(i)
the decision of the hearing board shall be considered as the final decision of the Commission; and
(ii)
any party aggrieved by the decision may take a judicial appeal as provided in this title.
Md. Code Ann., Bus. Occ. & Prof. § 16-212 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–212LinkCopy Citation
(a)
The Commission shall keep an indexed record of:
(1)
each application for licensure or certification;
(2)
each issuance of a license or certificate;
(3)
each reprimand of a licensed real estate appraiser or certified real estate appraiser or licensed home inspector; and
(4)
each suspension or revocation of a licensed real estate appraiser or certified real estate appraiser or licensed home inspector.
(b)
The Commission shall make available to the public:
(1)
the record during business hours; and
(2)
on request, a copy of the record at a reasonable price that the Commission sets.
Md. Code Ann., Bus. Occ. & Prof. § 16-212.1 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–212.1LinkCopy Citation
(a)
A licensed or certified real estate appraiser shall file with the Commission or a designee otherwise provided by law at the end of every calendar quarter a report listing the address and appraised value of residential real estate in Baltimore City upon which the appraiser performed an appraisal during the calendar quarter.
(b)
The report shall be open for inspection only to representatives of government agencies for investigation of fraudulent practices.
Md. Code Ann., Bus. Occ. & Prof. § 16-213 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–213LinkCopy Citation
(a)
The Commission shall issue at least annually a roster that shows:
(1)
the name of each licensed real estate appraiser trainee, licensed real estate appraiser, certified real estate appraiser, and licensed home inspector; and
(2)
the name and place of business of each licensed real estate appraiser, certified real estate appraiser, and licensed home inspector.
(b)
On request, the Commission shall make available to the public a copy of the roster at a reasonable price that the Commission sets.
Md. Code Ann., Bus. Occ. & Prof. § 16-214 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–214LinkCopy Citation
On request, the Commission shall issue a document of good standing to a licensed real estate appraiser trainee, licensed real estate appraiser, certified real estate appraiser, or licensed home inspector who:
(1)
is in good standing in the State; and
(2)
pays the issuance fee set by the Commission.
Md. Code Ann., Bus. Occ. & Prof. § 16-215 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–215LinkCopy Citation
The Commission shall submit to the Secretary an annual report that includes:
(1)
a statement of the total receipts and expenditures of the Commission; and
(2)
any other information that reflects the work of the Commission.
Md. Code Ann., Bus. Occ. & Prof. § 16-216 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–216LinkCopy Citation
In addition to any powers set forth elsewhere, the Commission may:
(1)
sponsor research and other educational activities about real estate appraising or home inspecting;
(2)
adopt any regulation to carry out the provisions of this title;
(3)
review and approve any on-site training programs, including programs that have been approved by national home inspection organizations;
(4)
keep a record of its proceedings; and
(5)
adopt an official seal to authenticate its proceedings, official records, licenses, and certificates.
Md. Code Ann., Bus. Occ. & Prof. § 16-217 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–217LinkCopy Citation
(a)
(1)
Beginning on July 1, 2011, the Commission may set by regulation reasonable fees for its services.
(2)
The fees charged shall be:
(i)
set so as to produce funds to approximate the cost of maintaining the Commission; and
(ii)
based on the calculations performed by the Secretary of Labor under § 2–106.8 of the Business Regulation Article.
(b)
The Commission shall publish the fee schedule set by the Commission.
(c)
(1)
Beginning on July 1, 2011, the Commission shall pay all fees collected under this title to the Comptroller.
(2)
The Comptroller shall distribute the fees to the State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors Fund established in § 2–106.7 of the Business Regulation Article.
Md. Code Ann., Bus. Occ. & Prof. § 16-218 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–218LinkCopy Citation
Any person aggrieved by a final decision of the Commission in a contested case, as defined in § 10-202 of the State Government Article, may take an appeal as allowed in §§ 10-222 and 10-223 of the State Government Article.
Md. Code Ann., Bus. Occ. & Prof. § 16-219 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–219LinkCopy Citation
The Commission exercises its powers, duties, and functions subject to the authority of the Secretary.
Md. Code Ann., Bus. Occ. & Prof. § 16-220 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 2. State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
§ 16–220LinkCopy Citation
All regulations adopted under this title by the Commission applicable to the provision of real estate appraisal services shall comply with the requirements of the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
Subtitle 3. Licensing of Real Estate Appraisers
Md. Code Ann., Bus. Occ. & Prof. § 16-301 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3. Licensing of Real Estate Appraisers
§ 16–301LinkCopy Citation
(a)
Except as otherwise provided in this title or §§ 10–14A–03 and 10–14B–03 of the State Government Article, an individual shall be licensed by the Commission to provide real estate appraisal services before the individual may provide real estate appraisal services in the State.
(b)
This section does not apply to an individual who provides real estate appraisal services that are only incidental real estate appraisal services, including home inspectors and environmental auditors.
(c)
In addition to subsection (b) of this section, this section does not apply to an individual who provides real estate appraisal services that the Commission defines by regulation to be only incidental real estate appraisal services.
(d)
This section does not apply to an individual who is licensed to practice any business or occupation in the State while acting within the scope of the license.
Md. Code Ann., Bus. Occ. & Prof. § 16-302 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3. Licensing of Real Estate Appraisers
§ 16–302LinkCopy Citation
(a)
To qualify for a real estate appraisal license, an applicant shall be an individual who meets the requirements of this section.
(b)
An applicant shall be of good character and reputation.
(c)
An applicant shall be at least 18 years old.
(d)
(1)
An applicant shall satisfy the minimum real estate appraiser qualifications for licensure established under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
(2)
An applicant shall have completed:
(i)
at least 1,000 hours providing real estate appraiser services as a real estate appraiser trainee under the supervision of a certified appraiser; or
(ii)
the Real Property Appraiser Qualification Criteria of the Practical Applications of Real Estate Appraisal program adopted by the Appraisal Foundation Appraiser Qualifications Board authorized under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
(3)
Classroom hours of study required by this section may be conducted by:
(i)
an accredited university, college, or community or junior college;
(ii)
an approved appraisal society, institute, or association; or
(iii)
another school that the Commission approves.
(4)
The Commission shall approve all courses of study required under this section.
(5)
The Commission may not require an applicant to hold a bachelor’s degree or higher to qualify for licensure under this section.
(e)
Except as otherwise provided in this subtitle, the applicant shall pass an examination given by the Commission or the Commission’s designee under this subtitle.
(f)
(1)
If an applicant is not a resident of the State, the applicant shall submit to the Commission an irrevocable consent, as provided under this subsection.
(2)
The consent required under this section shall specify that service of process on the Secretary shall bind the applicant in any action about the provision of real estate appraisal services brought against the applicant in any county of the State.
(g)
The Commission shall adopt additional requirements under this section if necessary to comply with the minimum real estate appraiser qualifications established under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
(h)
The Commission may monitor and review any course of study approved under this section.
Md. Code Ann., Bus. Occ. & Prof. § 16-303 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3. Licensing of Real Estate Appraisers
§ 16–303LinkCopy Citation
(a)
An applicant for a license shall:
(1)
submit to the Commission an application on the form that the Commission provides;
(2)
pay to the Commission a fee set by the Commission;
(3)
apply to the Central Repository for a national and State criminal history records check on a form approved by the Director of the Central Repository;
(4)
submit to the Central Repository a complete set of legible fingerprints taken at any designated State or local law enforcement office in the State or other agency or location approved by the Secretary of Public Safety and Correctional Services;
(5)
pay the mandatory processing fee required by the Federal Bureau of Investigation for a national criminal history records check; and
(6)
pay the fee authorized under § 10–221(b)(7) of the Criminal Procedure Article for access to the State criminal history records.
(b)
The Central Repository shall provide to the Commission:
(1)
the national and State criminal history records of each applicant requiring a criminal history records check under subsection (a) of this section and a printed statement listing any convictions and pleas of guilty or nolo contendere to any criminal charge; and
(2)
an acknowledged receipt of the application for a criminal history records check by an applicant requiring a criminal history records check.
(c)
Information obtained by the Commission from the Central Repository under this section shall be confidential and may be disseminated only to the individual who is the subject of the criminal history records check.
Md. Code Ann., Bus. Occ. & Prof. § 16-304 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3. Licensing of Real Estate Appraisers
§ 16–304LinkCopy Citation
(a)
Except as otherwise provided in § 16-304.1 of this subtitle, an applicant who otherwise qualifies for a license is entitled to be examined as provided in this section.
(b)
The Commission periodically shall give examinations to qualified applicants at the times and places that the Commission determines.
(c)
The Commission shall give each qualified applicant notice of the times and places that the Commission determines.
(d)
To take an examination, an applicant shall pay an examination fee to the Commission or the Commission’s designee in an amount established by the Commission not to exceed the cost of the examination.
(e)
(1)
Except as otherwise provided in this subsection, the Commission shall determine the subjects, scope, form, and the passing score for examinations given under this subtitle.
(2)
The Commission shall structure the examinations for a real estate appraisal license to test the knowledge of an applicant of real estate appraisal theory and practice and the standards of conduct that the Commission adopts under § 16-208 of this title.
Md. Code Ann., Bus. Occ. & Prof. § 16-304.1 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3. Licensing of Real Estate Appraisers
§ 16–304.1LinkCopy Citation
(a)
The Commission may use a testing service to administer the examinations given under this subtitle.
(b)
If the Commission uses a testing service, the testing service, subject to the requirements set by the Commission, may:
(1)
set the time and place of examinations;
(2)
give qualified applicants notice of the time and place of examinations; and
(3)
furnish any other information that the Commission may require the testing service to provide.
Md. Code Ann., Bus. Occ. & Prof. § 16-305 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3. Licensing of Real Estate Appraisers
§ 16–305LinkCopy Citation
(a)
Subject to the provisions of this section, the Commission may waive the examination requirements of this subtitle for an individual who is licensed to provide real estate appraisal services in another state.
(b)
The Commission may grant a waiver under this section only if the applicant:
(1)
pays to the Commission the application fee set by the Commission under § 16–303 of this subtitle; and
(2)
provides adequate evidence that the applicant:
(i)
is licensed by a state that is in compliance with Title XI of the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as determined by the Appraisal Subcommittee of the federal Financial Institutions Examinations Council;
(ii)
holds a valid license issued by that state; and
(iii)
became licensed in the other state after meeting, in that state, requirements that are substantially equivalent to or exceed the licensing requirements of this State.
Md. Code Ann., Bus. Occ. & Prof. § 16-306 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3. Licensing of Real Estate Appraisers
§ 16–306LinkCopy Citation
(a)
On receipt of a complete national and State criminal record report from the Central Repository, the Commission shall grant a license to each applicant who meets the requirements of this subtitle.
(b)
The Commission shall issue a license document and pocket card to each applicant who has been granted a license under this section.
(c)
(1)
Subject to paragraph (2) of this subsection, the Commission shall determine the size, form, and content of any license document or pocket card that the Commission issues.
(2)
The Commission shall include an expiration date on each license document that the Commission issues.
Md. Code Ann., Bus. Occ. & Prof. § 16-307 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3. Licensing of Real Estate Appraisers
§ 16–307LinkCopy Citation
While a license is in effect, it authorizes the licensee to provide real estate appraisal services.
Md. Code Ann., Bus. Occ. & Prof. § 16-308 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3. Licensing of Real Estate Appraisers
§ 16–308LinkCopy Citation
(a)
Unless a license is renewed for a 3-year term as provided in this section, the license expires on a staggered basis as determined by the Secretary.
(b)
(1)
At least 1 month before the license expires, the Commission shall mail or electronically transmit to the licensee:
(i)
a renewal application form; and
(ii)
a notice that states:
(1)
the date on which the current license expires; and
(2)
the amount of the renewal fee.
(2)
If an electronic transmission under paragraph (1) of this subsection is returned to the Commission as undeliverable, the Commission shall mail to the licensee, at the last known address of the licensee, the materials required under paragraph (1) of this subsection within 10 business days of the date the Commission received the notice that the electronic transmission was undeliverable.
(c)
Before a license expires, the licensee periodically may renew it for an additional 3–year term, if the licensee:
(1)
otherwise is entitled to be licensed;
(2)
pays to the Commission a renewal fee set by the Commission; and
(3)
submits to the Commission:
(i)
a renewal application on the form that the Commission provides; and
(ii)
adequate evidence of compliance with the continuing education requirements set under this subtitle for license renewal.
Md. Code Ann., Bus. Occ. & Prof. § 16-309 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3. Licensing of Real Estate Appraisers
§ 16–309LinkCopy Citation
To qualify for renewal of a license under this subtitle, a licensee shall provide to the Commission adequate evidence that the licensee meets the minimum continuing education requirements established under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
Md. Code Ann., Bus. Occ. & Prof. § 16-310 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3. Licensing of Real Estate Appraisers
§ 16–310LinkCopy Citation
(a)
The Commission shall reinstate the license of a real estate appraiser who has failed to renew the license, if the real estate appraiser:
(1)
applies to the Commission for reinstatement within 3 years after the license expires;
(2)
meets the requirements of § 16–308 of this subtitle; and
(3)
in addition to the renewal fee required under § 16–308 of this subtitle, pays to the Commission a reinstatement fee set by the Commission.
(b)
(1)
If an individual fails to renew a license for any reason and applies to the Commission for reinstatement more than 3 years after the license has expired, the Commission may:
(i)
require the individual to reapply for a license under § 16–302 of this subtitle; or
(ii)
subject to paragraph (2) of this subsection, reinstate the license.
(2)
The Commission may reinstate a license under paragraph (1)(ii) of this subsection only if the individual:
(i)
meets the renewal requirements of § 16–308 of this subtitle;
(ii)
if required by the Commission, states the reasons why reinstatement should be granted; and
(iii)
in addition to the renewal fee required under § 16–308 of this subtitle, pays to the Commission a reinstatement fee set by the Commission.
Md. Code Ann., Bus. Occ. & Prof. § 16-311 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3. Licensing of Real Estate Appraisers
§ 16–311LinkCopy Citation
(a)
The Commission shall:
(1)
transmit to the Appraisal Subcommittee of the Federal Financial Institutions Examinations Council a roster of State certified and licensed appraisers as required by § 1109(a)(1) of the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989; and
(2)
collect and transmit to the appropriate federal authority those fees required by § 1109(a)(2) of the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
(b)
(1)
There is a Federal Appraisal Fee Fund within the Commission.
(2)
The Fund is a special account to be used to disburse money to the appropriate federal authority under subsection (a)(2) of this section.
Md. Code Ann., Bus. Occ. & Prof. § 16-312 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3. Licensing of Real Estate Appraisers
§ 16–312LinkCopy Citation
(a)
A licensed real estate appraiser shall:
(1)
maintain a principal place of business; and
(2)
in that principal place of business, display conspicuously the license issued under this subtitle.
(b)
(1)
Each licensee promptly shall give the Commission written notice of any change of name or address from that which appears on the current license.
(2)
On receipt of notice, the Commission shall issue to the licensee a new license for the unexpired term.
(3)
A licensee who is not a resident of the State may not be required to maintain a place of business in this State if the licensee maintains an active place of business in another state.
Md. Code Ann., Bus. Occ. & Prof. § 16-313 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3. Licensing of Real Estate Appraisers
§ 16–313LinkCopy Citation
A licensed real estate appraiser may provide real estate appraisal services through a professional corporation in accordance with the Maryland Professional Service Corporation Act.
Subtitle 3A. Licensing of Home Inspectors
Md. Code Ann., Bus. Occ. & Prof. § 16-3A-01 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3A. Licensing of Home Inspectors
§ 16–3A-01LinkCopy Citation
(a)
Except as otherwise provided in this title or §§ 10–14A–03 and 10–14B–03 of the State Government Article, an individual shall be licensed by the Commission as a home inspector before the individual may provide home inspection services in the State.
(b)
This title does not apply to:
(1)
an individual who is employed as a building code enforcement official by the State or a political subdivision of the State, while acting within the scope of that employment;
(2)
an individual who is employed as a federal or State inspector, while acting within the scope of that employment;
(3)
a plumber, electrician, professional engineer, real estate appraiser, real estate broker or agent, or heating, ventilation, air-conditioning, or refrigeration contractor who is licensed in the State, while acting within the scope of that license;
(4)
a roofer, general contractor, remodeler, or structural pest control specialist, while acting within the scope of that occupation; or
(5)
any other professional whose services may be required in the building or remodeling of real property and who does not claim to be a licensed home inspector.
Md. Code Ann., Bus. Occ. & Prof. § 16-3A-02 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3A. Licensing of Home Inspectors
§ 16–3A-02LinkCopy Citation
(a)
To qualify for a license as a home inspector, an applicant must be an individual who meets the requirements of this section.
(b)
Prior to July 1, 2002, an applicant for a home inspector license shall:
(1)
meet two of the following conditions:
(i)
have completed a minimum of 48 hours of an on-site training course approved by a national home inspection organization or the Commission;
(ii)
have completed a minimum of 2 years of relevant work experience, as determined by the Commission, immediately preceding the submission of an application;
(iii)
have completed at least 100 home inspections for compensation; or
(iv)
submit proof of full membership in or certification by one of the following national home inspection organizations:
(1)
American Society of Home Inspectors; or
(2)
National Association of Home Inspectors;
(2)
have a high school diploma or its equivalent;
(3)
have general liability insurance in an amount not less than $50,000;
(4)
submit to the Commission an application on the form that the Commission provides; and
(5)
pay to the Commission an application fee of $50.
Md. Code Ann., Bus. Occ. & Prof. § 16-3A-03 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3A. Licensing of Home Inspectors
§ 16–3A-03LinkCopy Citation
An applicant for a home inspector license shall:
(1)
have completed a minimum of 72 hours of an on–site training course approved by a national home inspection organization and the Commission that at a minimum requires successful completion of the National Home Inspector Examination or its equivalent as determined by the Commission;
(2)
have a high school diploma or its equivalent;
(3)
have insurance as required under § 16–4A–04 of this title;
(4)
submit to the Commission an application on the form that the Commission provides; and
(5)
pay to the Commission an application fee set by the Commission.
Md. Code Ann., Bus. Occ. & Prof. § 16-3A-04 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3A. Licensing of Home Inspectors
§ 16–3A-04LinkCopy Citation
(a)
Except as provided in subsection (c) of this section, subject to the licensing provisions of this section, the Commission may issue a license by reciprocity under this section for an applicant who is licensed to provide home inspection services in another state.
(b)
The Commission may issue a license by reciprocity under this section for an applicant who is licensed to provide home inspection services in another state only if the applicant:
(1)
pays to the Commission an application fee as set by the Commission; and
(2)
provides adequate evidence that the applicant:
(i)
meets the qualifications otherwise required by this subtitle;
(ii)
holds an active license in good standing from the other state;
(iii)
became licensed in the other state after meeting, in that or another state, requirements that were at least equivalent to those then required by the laws of this State; or
(iv)
at the time of the application for a license by reciprocity under this section, the applicant meets the requirements currently required by the laws of this State.
(c)
Subject to the licensing provisions in this section, the Commission may issue a license by reciprocity to provide home inspection services to an individual who satisfies to the Commission that the applicant is qualified based on a combination of comparable education, training, and experience in providing home inspection services.
Md. Code Ann., Bus. Occ. & Prof. § 16-3A-05 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3A. Licensing of Home Inspectors
§ 16–3A-05LinkCopy Citation
If an applicant qualifies for a home inspector license under this title, the Commission shall send the applicant a notice that states:
(1)
the applicant has qualified for the license; and
(2)
the Commission will issue the home inspector license to an applicant upon receipt of a license fee set by the Commission.
Md. Code Ann., Bus. Occ. & Prof. § 16-3A-06 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3A. Licensing of Home Inspectors
§ 16–3A-06LinkCopy Citation
While a home inspector license is in effect, it authorizes the licensee to provide home inspection services.
Md. Code Ann., Bus. Occ. & Prof. § 16-3A-07 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3A. Licensing of Home Inspectors
§ 16–3A-07LinkCopy Citation
(a)
Unless a license is renewed for a 2–year term as provided in this section, the license expires on a staggered basis as determined by the Secretary.
(b)
(1)
At least 1 month before a license expires, the Commission shall mail or electronically transmit to the licensee:
(i)
a renewal application form; and
(ii)
a notice that states:
(1)
the date on which the current license expires; and
(2)
the amount of the renewal fee.
(2)
If an electronic transmission under paragraph (1) of this subsection is returned to the Commission as undeliverable, the Commission shall mail to the licensee, at the last known address of the licensee, the materials required under paragraph (1) of this subsection within 10 business days of the date the Commission received the notice that the electronic transmission was undeliverable.
(c)
Before a license expires, the licensee may renew it for an additional 2–year term, if the licensee:
(1)
otherwise is entitled to be licensed;
(2)
pays to the Commission a renewal fee set by the Commission;
(3)
submits a renewal application on the form that the Commission provides; and
(4)
submits proof of compliance with the insurance requirement of § 16–4A–04 of this title.
(d)
The Commission shall renew the license of and issue a license to each licensee who meets the requirements of this section.
(e)
(1)
The Commission shall adopt regulations to require a demonstration of continuing professional competency of up to 30 educational hours for a licensee as a condition of renewal of a license under this section in accordance with paragraphs (2) through (6) of this subsection.
(2)
Continuing professional competency requirements do not apply to the first renewal of a license.
(3)
If a license expires on or before September 30, 2013, a licensee is not required to fulfill the continuing professional competency requirements.
(4)
If a license expires between October 1, 2013, and September 30, 2014, a licensee is required to fulfill 50% of the continuing professional competency requirements as provided in the regulations adopted by the Commission under this subsection.
(5)
If a license expires on or after October 1, 2014, a licensee is required to fulfill the full continuing professional competency requirements as provided in the regulations adopted by the Commission under this subsection.
(6)
Educational hours from a continuing professional competency course satisfy the requirement of paragraph (1) of this subsection if:
(i)
the course is offered by:
(1)
the American Society of Home Inspectors;
(2)
the National Association of Home Inspectors; or
(3)
any other provider approved by the Commission; and
(ii)
the Commission determines that the course increases the licensee’s knowledge of the provision of home inspection services, including one or more components of an existing residential building.
Md. Code Ann., Bus. Occ. & Prof. § 16-3A-08 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3A. Licensing of Home Inspectors
§ 16–3A-08LinkCopy Citation
(a)
The Commission shall reinstate the license of an individual who has failed to renew a license for any reason if the individual:
(1)
applies to the Commission for reinstatement within 5 years after the license expires;
(2)
meets the renewal requirements under § 16–3A–07 of this subtitle; and
(3)
in addition to the renewal fee required under § 16–3A–07 of this subtitle, pays to the Commission a reinstatement fee set by the Commission.
(b)
The Commission may not reinstate the license of an individual who for any reason fails to apply for reinstatement within 5 years after the license has expired.
Subtitle 4. Miscellaneous Provisions for Real Estate Appraisers
Md. Code Ann., Bus. Occ. & Prof. § 16-401 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 4. Miscellaneous Provisions for Real Estate Appraisers
§ 16–401LinkCopy Citation
(a)
Subject to the provisions of subsection (b) of this section, a licensed real estate appraiser shall keep, for 5 years from the date of delivery to the client, the original or a copy of:
(1)
each contract the licensee enters into for the provision of real estate appraisal services;
(2)
each appraisal report the licensee prepares or signs; and
(3)
all supporting data that the licensee assembles or formulates to prepare an appraisal report.
(b)
If, within the 5-year period for the retention of records, a licensed real estate appraiser is given notice that an appraisal or appraisal report is involved in litigation, a new 5-year period shall start on the date of the final disposition of the litigation.
(c)
On request, a licensed real estate appraiser shall make any record required to be kept under this section available to the Commission to inspect or copy.
Md. Code Ann., Bus. Occ. & Prof. § 16-402 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 4. Miscellaneous Provisions for Real Estate Appraisers
§ 16–402LinkCopy Citation
(a)
(1)
In this section the following words have the meanings indicated.
(2)
“Independent appraisal service” means an engagement for which a licensed real estate appraiser is perceived by a third party or the public to act as a disinterested third party in rendering an unbiased analysis, opinion, or conclusion about the nature, quality, use, or value for identified real estate, regardless of the intent of the employer.
(3)
(i)
“Specialized appraisal service” means all appraisal services, other than an independent appraisal service.
(ii)
“Specialized appraisal service” includes:
(1)
marketing and feasibility studies that are designed to persuade third parties that a market exists or that a project is feasible; and
(2)
analyses, opinions, conclusions, or estimates of value about real estate investment, mortgage banking, real estate counseling, and real estate tax counseling.
(b)
A licensed real estate appraiser who provides an independent appraisal service may not accept a fee that is contingent on a predetermined analysis, opinion, or conclusion or on the results achieved by the appraisal assignment.
(c)
(1)
A licensed real estate appraiser who provides a specialized appraisal service may be paid a fixed fee or a fee that is contingent on the results achieved by the specialized appraisal service.
(2)
A licensed real estate appraiser who agrees to provide a specialized appraisal service for a contingent fee shall state the existence of the agreement clearly in:
(i)
an oral appraisal report;
(ii)
a prominent place in a written appraisal report;
(iii)
the certification statement that accompanies a written appraisal report; and
(iv)
a letter of transmittal.
Subtitle 4A. Miscellaneous Provisions for Home Inspectors
Md. Code Ann., Bus. Occ. & Prof. § 16-4A-01 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 4A. Miscellaneous Provisions for Home Inspectors
§ 16–4A-01LinkCopy Citation
(a)
A licensed home inspector shall give to each person for whom the licensee performs a home inspection for compensation or to the person’s representative, a written report that states:
(1)
the scope and the exclusions of the inspection;
(2)
the conditions observed during the home inspection that are subject to the adopted standards of practice and code of ethics approved by the Commission;
(3)
the license number of the licensee; and
(4)
a disclosure in 14–point bold type that includes the following statements:
(i)
“An inspection is intended to assist in the evaluation of the overall condition of a building. The inspection is based on observation of the visible and apparent condition of the building and its components on the date of the inspection”;
(ii)
“The results of this home inspection are not intended to make any representation regarding latent or concealed defects that may exist, and no warranty or guaranty is expressed or implied”;
(iii)
“If your home inspector is not a licensed structural engineer or other professional whose license authorizes the rendering of an opinion as to structural integrity of a building or the condition of its components or systems, you may wish to seek the professional opinion of a licensed structural engineer or other professional regarding any possible defects or other observations set forth in this report”; and
(iv)
“Only home inspections performed by Maryland licensed home inspectors will be recognized as a valid home inspection under a real estate contract”.
(b)
The licensee shall give the person or the person’s representative the report:
(1)
by the date set in a written agreement by the parties to the home inspection; or
(2)
within 7 business days after the home inspection was performed, if no date was set in a written agreement by the parties to the home inspection.
(c)
Any limitation of the liability of the licensee for any damages resulting from the report on the home inspection shall be agreed to in writing by the parties to the home inspection prior to the performance of the home inspection.
Md. Code Ann., Bus. Occ. & Prof. § 16-4A-02 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 4A. Miscellaneous Provisions for Home Inspectors
§ 16–4A-02LinkCopy Citation
Each licensee shall display the license certificate in the manner required by the Commission.
Md. Code Ann., Bus. Occ. & Prof. § 16-4A-03 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 4A. Miscellaneous Provisions for Home Inspectors
§ 16–4A-03LinkCopy Citation
A licensee must report any change of address to the Commission in writing within 15 days.
Md. Code Ann., Bus. Occ. & Prof. § 16-4A-04 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 4A. Miscellaneous Provisions for Home Inspectors
§ 16–4A-04LinkCopy Citation
(a)
A home inspector licensed by the Commission shall maintain general liability insurance in the amount of at least $150,000.
(b)
(1)
An applicant shall submit proof of the insurance required under this section to the Commission with the license application.
(2)
The Commission may not issue a license to an applicant unless the applicant submits proof of the insurance.
(c)
Unless an applicant meets the insurance requirements of this section, the Commission may not renew the license.
(d)
A licensee shall give the Commission notice of the cancellation of insurance required under this section at least 10 days before the effective date of the cancellation.
Md. Code Ann., Bus. Occ. & Prof. § 16-4A-05 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 4A. Miscellaneous Provisions for Home Inspectors
§ 16–4A-05LinkCopy Citation
(a)
Subject to the provisions of subsection (b) of this section, a licensed home inspector shall keep, for 5 years from the date of delivery to the client, the original or a copy of:
(1)
each contract the licensee enters into for the provision of home inspection services;
(2)
each home inspection report the licensee prepares or signs; and
(3)
all supporting data that the licensee assembles or formulates to prepare a home inspection report.
(b)
If, within the 5–year period for the retention of records, a licensed home inspector is given notice that a home inspection is involved in litigation, a new 5–year period shall start on the date of the final disposition of the litigation.
(c)
A licensed home inspector shall make any record required to be kept under this section available to the Commission to inspect or copy.
Subtitle 5. Certification of Real Estate Appraisers
Md. Code Ann., Bus. Occ. & Prof. § 16-501 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5. Certification of Real Estate Appraisers
§ 16–501LinkCopy Citation
(a)
Except as otherwise provided in this title or §§ 10–14A–03 and 10–14B–03 of the State Government Article, an individual shall be certified by the Commission to provide certified real estate appraisal services before the individual may provide certified real estate appraisal services in the State.
(b)
Notwithstanding subsection (a) of this section, a licensed real estate appraiser who is not certified may:
(1)
help a certified real estate appraiser to prepare a certified appraisal report; and
(2)
cosign the report.
Md. Code Ann., Bus. Occ. & Prof. § 16-502 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5. Certification of Real Estate Appraisers
§ 16–502LinkCopy Citation
An individual may be certified by the Commission as a certified real estate appraiser for residential real estate or as a certified real estate appraiser for general real estate as those classifications are permitted under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
Md. Code Ann., Bus. Occ. & Prof. § 16-503 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5. Certification of Real Estate Appraisers
§ 16–503LinkCopy Citation
(a)
To qualify for a certificate for residential or general real estate appraisal, an applicant shall be an individual who meets the requirements of this section.
(b)
(1)
An applicant shall:
(i)
be of good character and reputation;
(ii)
be at least 18 years old; and
(iii)
satisfy the minimum real estate appraiser qualifications for residential certification or general certification, as appropriate, established under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
(2)
An applicant shall have completed:
(i)
at least 1,500 hours providing real estate appraiser services as a real estate appraiser trainee under the supervision of a certified appraiser; or
(ii)
the Real Property Appraiser Qualification Criteria of the Practical Applications of Real Estate Appraisal program adopted by the Appraisal Foundation Appraiser Qualifications Board authorized under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
(3)
Classroom hours of study required under this section may be conducted by:
(i)
an accredited university, college, or community or junior college;
(ii)
an approved appraisal society, institute, or association; or
(iii)
another school that the Commission approves.
(4)
The Commission shall approve all courses of study required under this section.
(5)
The Commission may not require an applicant to hold a bachelor’s degree or higher to qualify for residential certification under this section.
(c)
An applicant shall pass the examination for a certificate for residential or general real estate appraisal given by the Commission or the Commission’s designee under this subtitle.
(d)
(1)
If an applicant is not a resident of the State, the applicant shall submit to the Commission an irrevocable consent, as provided under this subsection.
(2)
The consent required under this subsection shall specify that service of process on the Secretary of State shall bind the applicant in any action about the provision of certified real estate appraisal services against the applicant in any county of the State.
(e)
An applicant shall meet any other requirement that the Commission adopts by regulation.
(f)
The Commission shall adopt additional requirements under this section if necessary to comply with the minimum real estate appraiser qualifications established under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
Md. Code Ann., Bus. Occ. & Prof. § 16-504 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5. Certification of Real Estate Appraisers
§ 16–504LinkCopy Citation
An applicant shall specify whether the applicant is a holder of a certificate for residential or general real estate appraisal.
Md. Code Ann., Bus. Occ. & Prof. § 16-505 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5. Certification of Real Estate Appraisers
§ 16–505LinkCopy Citation
(a)
An applicant for a certificate shall:
(1)
submit to the Commission an application on the form that the Commission provides;
(2)
pay to the Commission an application fee set by the Commission;
(3)
apply to the Central Repository for a national and State criminal history records check on a form approved by the Director of the Central Repository;
(4)
submit to the Central Repository a complete set of legible fingerprints taken at any designated State or local law enforcement office in the State or other agency or location approved by the Secretary of Public Safety and Correctional Services;
(5)
pay the mandatory processing fee required by the Federal Bureau of Investigation for a national criminal history records check; and
(6)
pay the fee authorized under § 10–221(b)(7) of the Criminal Procedure Article for access to the State criminal history records.
(b)
The Central Repository shall provide to the Commission:
(1)
the national and State criminal history records of each applicant requiring a criminal history records check under subsection (a) of this section and a printed statement listing any convictions and pleas of guilty or nolo contendere to any criminal charge; and
(2)
an acknowledged receipt of the application for a criminal history records check by an applicant requiring a criminal history records check.
(c)
Information obtained by the Commission from the Central Repository under this section shall be confidential and may be disseminated only to the individual who is the subject of the criminal history records check.
Md. Code Ann., Bus. Occ. & Prof. § 16-506 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5. Certification of Real Estate Appraisers
§ 16–506LinkCopy Citation
(a)
Except as otherwise provided in § 16-506.1 of this subtitle, an applicant who otherwise qualifies for a certificate is entitled to be examined as provided in this section.
(b)
The Commission periodically shall give examinations to qualified applicants at the times and places that the Commission determines.
(c)
The Commission shall give each qualified applicant notice of the time and place of examination.
(d)
To take an examination, an applicant shall pay an examination fee to the Commission or the Commission’s designee in an amount not to exceed the cost of the examination as established by the Commission.
(e)
(1)
Except as otherwise provided in this subsection, the Commission shall determine the scope and the passing score for examinations given under this subtitle.
(2)
The form of an examination shall be written.
(3)
An examination shall test knowledge of:
(i)
technical terms commonly used in real estate appraising and economic concepts applicable to real estate;
(ii)
real estate appraisal theory and practice and real estate appraisal process;
(iii)
standards for the development and communication of real estate appraisals;
(iv)
standards of conduct that the Commission adopts under § 16-208 of this title;
(v)
theories of depreciation, cost estimating, methods of capitalization, the mathematics of real estate appraisal, and other principles that are appropriate for the certificate for which the applicant applies;
(vi)
basic real estate law; and
(vii)
misconduct for which disciplinary proceedings may be started against a certified real estate appraiser for residential real estate or a certified real estate appraiser for general real estate.
Md. Code Ann., Bus. Occ. & Prof. § 16-506.1 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5. Certification of Real Estate Appraisers
§ 16–506.1LinkCopy Citation
(a)
The Commission may use a testing service to administer the examinations given under this subtitle.
(b)
If the Commission uses a testing service, the testing service, subject to the requirements set by the Commission, may:
(1)
set the time and place of examinations;
(2)
give qualified applicants notice of the time and place of examinations; and
(3)
furnish any other information that the Commission may require the testing service to provide.
Md. Code Ann., Bus. Occ. & Prof. § 16-507 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5. Certification of Real Estate Appraisers
§ 16–507LinkCopy Citation
(a)
Subject to the provisions of this section, the Commission may waive the examination requirements of this subtitle for an individual who is certified to provide certified real estate appraisal services in another state.
(b)
The Commission may grant a waiver under this section only if the applicant:
(1)
pays to the Commission the application fee set by the Commission under § 16–505 of this subtitle; and
(2)
provides adequate evidence that the applicant:
(i)
is certified by a state that is in compliance with Title XI of the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as determined by the Appraisal Subcommittee of the federal Financial Institutions Examinations Council;
(ii)
holds a valid certificate issued by that state; and
(iii)
was certified in the other state after meeting, in that state, requirements that are substantially equivalent to or exceed the certification requirements of this State.
Md. Code Ann., Bus. Occ. & Prof. § 16-508 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5. Certification of Real Estate Appraisers
§ 16–508LinkCopy Citation
(a)
On receipt of a complete national and State criminal record report from the Central Repository, the Commission shall grant the appropriate certificate to each applicant who meets the requirements of this subtitle.
(b)
The Commission shall issue an appropriate certification document and pocket card to each applicant who has been granted certification under this section.
(c)
(1)
Subject to paragraph (2) of this subsection, the Commission shall determine the size, form, and content of any certification document or pocket card that the Commission issues.
(2)
On each certification document or pocket card that the Commission issues, the Commission shall include:
(i)
an expiration date; and
(ii)
a certification number.
Md. Code Ann., Bus. Occ. & Prof. § 16-509 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5. Certification of Real Estate Appraisers
§ 16–509LinkCopy Citation
The certified residential and certified general real estate appraiser classifications shall consist of those classifications as established under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
Md. Code Ann., Bus. Occ. & Prof. § 16-510 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5. Certification of Real Estate Appraisers
§ 16–510LinkCopy Citation
(a)
Unless a certificate is renewed for a 3-year term as provided in this section, the certificate expires on a staggered basis as determined by the Secretary.
(b)
The Commission need not give notice to the holder of the expiration date of the certificate.
(c)
Not earlier than 120 days and not later than 30 days before a certificate expires, the certificate holder may renew it for an additional 3–year term, if the certificate holder:
(1)
otherwise is entitled to hold a certificate;
(2)
pays to the Commission a renewal fee set by the Commission; and
(3)
submits to the Commission:
(i)
a renewal application on the form that the Commission provides; and
(ii)
adequate evidence of compliance with the continuing education requirements set under this subtitle for certificate renewal.
Md. Code Ann., Bus. Occ. & Prof. § 16-511 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5. Certification of Real Estate Appraisers
§ 16–511LinkCopy Citation
(a)
To qualify for renewal of a certificate under this subtitle, a holder of a certificate shall provide to the Commission adequate evidence that the holder meets the continuing education requirements established for certification under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
(b)
A holder of a certificate may partly satisfy the requirement of subsection (a) of this section if the holder provides to the Commission adequate evidence that the holder:
(1)
has completed an educational program that the Commission determines to be equal to that which the Commission approves; or
(2)
in an educational program that the Commission approves and that is about real property appraisal theory and practice:
(i)
has participated as a teacher, preparer of instructional materials, or in another similar capacity; but
(ii)
has not participated as a student.
(c)
The continuing education courses shall be conducted by:
(1)
an accredited university, college, or community or junior college;
(2)
an approved appraisal society, institute, or association; or
(3)
another school that the Commission approves.
(d)
If feasible, continuing education courses shall be offered at reasonable intervals in each county and in each major geographic area of the larger counties.
(e)
On completion of a continuing education course by a certificate holder, the entity that conducted the course or the instructor shall issue to the certificate holder a document of completion that states the number of classroom hours of that course.
(f)
The Commission may waive the requirements of this section for a certificate holder if the certificate holder shows good cause for being unable to meet the requirements.
(g)
(1)
A real estate appraiser has a grace period of 6 months after the certificate of the real estate appraiser expires in which to renew it retroactively, if:
(i)
the real estate appraiser is otherwise entitled to have it renewed;
(ii)
the Commission determines that the real estate appraiser has failed to meet the requirements for renewal through mistake, misunderstanding, or circumstances beyond the control of the real estate appraiser; and
(iii)
pays the renewal fee to the Commission.
(2)
If a real estate appraiser renews a certificate within the 6-month grace period, the term of the renewal shall start the day after the certificate held originally by the real estate appraiser expired.
Md. Code Ann., Bus. Occ. & Prof. § 16-512 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5. Certification of Real Estate Appraisers
§ 16–512LinkCopy Citation
(a)
The Commission shall reinstate the certificate of a real estate appraiser who has failed to renew the certificate during the regular term of the certificate or the grace period, if the real estate appraiser:
(1)
applies to the Commission for reinstatement within 3 years after the certificate expires;
(2)
meets the requirements of § 16–511 of this subtitle; and
(3)
in addition to the renewal fee required under § 16–511 of this subtitle, pays to the Commission a reinstatement fee set by the Commission.
(b)
(1)
If an individual fails to renew a certificate for any reason and applies to the Commission for reinstatement more than 3 years after the certificate has expired, the Commission may:
(i)
require the individual to reapply for a certificate under § 16–505 of this subtitle; or
(ii)
subject to paragraph (2) of this subsection, reinstate the certificate.
(2)
The Commission may reinstate a certificate under paragraph (1)(ii) of this subsection only if the individual:
(i)
meets the renewal requirements of § 16–511 of this subtitle;
(ii)
if required by the Commission, states the reasons why reinstatement should be granted; and
(iii)
in addition to the renewal fee required under § 16–511 of this subtitle, pays to the Commission a reinstatement fee set by the Commission.
Md. Code Ann., Bus. Occ. & Prof. § 16-513 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5. Certification of Real Estate Appraisers
§ 16–513LinkCopy Citation
(a)
A certified real estate appraiser shall place the certificate number assigned by the Commission to the appraiser on each document that refers to the certified status of the appraiser.
(b)
On a certified real estate appraiser report, the certificate number shall appear adjacent to the title “certified residential real estate appraiser” or “certified general real estate appraiser”.
Subtitle 5A. Real Estate Appraiser Trainees
Md. Code Ann., Bus. Occ. & Prof. § 16-5A-01 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5A. Real Estate Appraiser Trainees
§ 16–5A-01LinkCopy Citation
(a)
To qualify for a real estate appraiser trainee license, an applicant shall meet the requirements set by the Commission.
(b)
An applicant for a real estate appraiser trainee license shall:
(1)
submit an application to the Commission on the form that the Commission requires;
(2)
be of good character and reputation;
(3)
be at least 18 years old;
(4)
provide evidence, as required by the Commission, that the applicant has successfully completed 75 tested hours of Commission–approved real estate appraisal courses of which 15 hours shall be classroom hours in the subject of the uniform standards of professional appraisal practice; and
(5)
pay to the Commission an application fee set by the Commission.
(c)
(1)
If an applicant is not a resident of the State, the applicant shall submit to the Commission an irrevocable consent as provided under this subsection.
(2)
The consent required under this subsection shall specify that service of process on the Secretary shall bind the applicant in any action about the provision of real estate appraisal services brought against the applicant in any county of the State.
Md. Code Ann., Bus. Occ. & Prof. § 16-5A-02 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5A. Real Estate Appraiser Trainees
§ 16–5A-02LinkCopy Citation
While a real estate appraiser trainee license is in effect, it authorizes the licensee, while under the direction and supervision of a supervising appraiser, to provide real estate appraisal services as provided under § 16-307 of this title.
Md. Code Ann., Bus. Occ. & Prof. § 16-5A-03 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5A. Real Estate Appraiser Trainees
§ 16–5A-03LinkCopy Citation
(a)
A supervising appraiser shall:
(1)
review, sign, and certify that the real estate trainee’s appraisal report complies with the uniform standards of professional appraisal practice;
(2)
physically inspect each appraised property with the real estate appraiser trainee until the supervising appraiser determines that the real estate appraiser trainee is competent in accordance with paragraph (3) of this subsection;
(3)
determine that the real estate appraiser trainee meets the competency requirements of the uniform standards of professional appraisal practice;
(4)
at least once a month, sign and affix the supervising appraiser’s license or certification number to the real estate appraiser trainee’s experience log;
(5)
ensure that the tasks assigned a real estate appraiser trainee will, over time, provide the full range of experience required by the Commission;
(6)
provide the real estate appraiser trainee with a copy of all appraisal reports prepared by the real estate appraiser trainee that the Commission requests for review; and
(7)
keep copies of appraisal reports prepared by the real estate appraiser trainee for the later of:
(i)
5 years; or
(ii)
5 years after final disposition of any judicial proceeding in which testimony was given.
(b)
A real estate appraiser trainee shall:
(1)
keep separate experience logs for each supervising appraiser;
(2)
sign appraisal reports that the real estate appraiser trainee prepares; and
(3)
upon request, provide experience logs to the Commission.
(c)
A real estate appraiser trainee may have more than one supervising appraiser.
(d)
A real estate appraiser trainee may obtain copies of appraisal reports which were prepared by that trainee from the supervising appraiser.
(e)
An appraiser trainee is subject to the uniform standards of professional appraisal practice.
Md. Code Ann., Bus. Occ. & Prof. § 16-5A-04 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5A. Real Estate Appraiser Trainees
§ 16–5A-04LinkCopy Citation
(a)
Unless a real estate appraiser trainee license is renewed under this section, the license expires 3 years after the effective date of the license.
(b)
(1)
Before a real estate appraiser trainee license expires, the licensee periodically may renew the license for an additional 3–year term if the licensee:
(i)
is otherwise entitled to be licensed; and
(ii)
submits to the Commission:
(1)
a renewal application on the form that the Commission requires; and
(2)
adequate evidence that the licensee meets the minimum continuing education requirements established under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
(2)
At least 1 month before a real estate appraiser trainee license expires, the Commission shall mail or electronically transmit to the licensee:
(i)
a renewal application form; and
(ii)
a notice that states:
(1)
the date on which the current license expires; and
(2)
the amount of the renewal fee.
(3)
If an electronic transmission under paragraph (2) of this subsection is returned to the Commission as undeliverable, the Commission shall mail to the licensee, at the last known address of the licensee, the materials required under paragraph (2) of this subsection within 10 business days of the date the Commission received the notice that the electronic transmission was undeliverable.
(4)
The failure of a licensee to receive the notice under this subsection does not prevent the license from expiring as specified under subsection (a) of this section.
Md. Code Ann., Bus. Occ. & Prof. § 16-5A-05 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5A. Real Estate Appraiser Trainees
§ 16–5A-05LinkCopy Citation
The Commission shall reinstate the license of a real estate appraiser trainee who fails to renew the license if the real estate appraiser trainee:
(1)
applies to the Commission for reinstatement within 3 years after the license expires;
(2)
provides adequate evidence of compliance with the continuing education requirements under § 16–5A–04 of this subtitle for license renewal;
(3)
if required by the Commission, states the reasons why reinstatement should be granted; and
(4)
pays to the Commission a reinstatement fee set by the Commission.
Subtitle 5B. Real Estate Appraisal Management Companies
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-01 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-01LinkCopy Citation
(a)
In this subtitle the following words have the meanings indicated.
(b)
“Appraisal management company” means a third party authorized by a creditor of a consumer credit transaction secured by a consumer’s principal dwelling, or by an underwriter of or other principal in the secondary mortgage markets, that directly or indirectly provides appraisal management services in connection with valuing properties collateralizing mortgage loans or mortgages incorporated in a securitization.
(c)
(1)
“Appraisal review” means the act of developing and communicating an opinion about the quality of another appraiser’s work that was performed as part of an appraiser assignment.
(2)
“Appraisal review” does not include an examination of an appraisal for grammatical, typographical, or other similar errors that do not make a substantive valuation change.
(d)
“Appraiser” means a licensed real estate appraiser or a certified real estate appraiser.
(e)
“Appraiser panel” means a network of licensed or certified appraisers who are independent contractors to the appraisal management company.
(f)
“Competent appraiser” means an appraiser that satisfies each provision of the competency rule of the Uniform Standards of Professional Practice for a specific appraisal assignment that the appraiser has received, or may receive, from an appraisal management company.
(g)
“Controlling person” means:
(1)
an owner, officer, or director of an appraisal management company;
(2)
an individual employed, appointed, or authorized by an appraisal management company that has the authority to enter into:
(i)
a contractual relationship with other persons for the performance of appraisal management services; and
(ii)
agreements with appraisers for the performance of appraisals; or
(3)
an individual who possesses the power to direct or cause the direction of the management or policies of an appraisal management company.
(h)
“Provide appraisal management services” means to, directly or indirectly, on behalf of a lender, financial institution, client, or other person in conjunction with a consumer credit transaction that is secured by a consumer’s primary dwelling:
(1)
administer an appraisal panel;
(2)
recruit, retain, or select appraisers;
(3)
verify licensing or certification, negotiate fees and service level expectations, and review the qualifications of persons who are part of, or who wish to become part of, an appraiser panel;
(4)
contract with appraisers to perform appraisal assignments;
(5)
receive an order for an appraisal from one person, and deliver the order for the appraisal to an appraiser that is part of an appraiser panel for completion;
(6)
manage the process of having an appraisal performed, including the following administrative duties:
(i)
receiving appraisal orders and reports;
(ii)
submitting completed appraisal reports to creditors and underwriters;
(iii)
collecting fees from creditors and underwriters for services provided; and
(iv)
reimbursing appraisers for services performed;
(7)
track and determine the status of orders for appraisals;
(8)
conduct quality control of a completed appraisal prior to the delivery of the appraisal to the person that ordered the appraisal; or
(9)
provide a completed appraisal performed by an appraiser to a client.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-02 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-02LinkCopy Citation
This subtitle does not apply to:
(1)
a person that exclusively employs appraisers on an employer–employee basis for the performance of appraisals; or
(2)
an entity that is a subsidiary owned and controlled by a financial institution and regulated by a federal financial institution regulatory agency.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-03 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-03LinkCopy Citation
(a)
A person shall register with the Commission before the person:
(1)
engages or attempts to engage in business as an appraisal management company;
(2)
provides or attempts to provide appraisal management services; or
(3)
advertises or represents the person to be an appraisal management company.
(b)
The registration required under subsection (a) of this section shall include:
(1)
the name of the person seeking registration;
(2)
the business address of the person seeking registration;
(3)
the phone contact information of the person seeking registration;
(4)
if the person seeking registration is not a corporation that is domiciled in the State, the name and contact information for the company’s agent for service of process in this State;
(5)
the name, address, and contact information of any individual or any corporation, partnership, or other business entity that owns 10% or more of the person seeking registration;
(6)
a certification that the person seeking registration will verify that a person being added to the appraiser panel of the appraisal management company holds an appropriate license or certification in good standing in the State under this subtitle for the purpose of performing real estate appraisals;
(7)
a certification that the person seeking registration requires appraisers completing appraisals at its request to comply with the Uniform Standards of Professional Appraisal Practice, including the requirements for geographic and product competence;
(8)
a certification that the person seeking registration will require appraisals to be conducted independently as required by the appraisal independence standards under Section 129E of the Truth in Lending Act, including the requirements of payment of a reasonable and customary fee to appraisers when the appraisal management company is providing services for a consumer credit transaction secured by the principal dwelling of a consumer;
(9)
a certification that the person seeking registration maintains a detailed record of each service request that it receives and the appraiser that performs the residential real estate appraisal services for the person under § 16–5B–09 of this subtitle;
(10)
an irrevocable Uniform Consent to Service of Process in accordance with § 16–5B–04(c) of this subtitle; and
(11)
any other information that the Commission reasonably requires to implement this subtitle.
(c)
If the registration process required under subsection (a) of this section has not been established as of the effective date of this subtitle, an appraisal management company may, without being registered under this subtitle, continue to provide appraisal management services in accordance with this subtitle for 120 days after a registration process becomes available.
(d)
An appraisal management company that has submitted a complete application for registration under subsection (b) of this section may continue to provide appraisal management services in accordance with this subtitle until the Commission makes a final decision to approve or deny the company’s application for registration under this subtitle.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-04 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-04LinkCopy Citation
(a)
An applicant for registration as an appraisal management company shall submit to the Commission an application on a form required by the Commission.
(b)
A registration issued under this subtitle is valid for 1 year.
(c)
A person applying for registration as an appraisal management company shall complete an irrevocable Uniform Consent to Service of Process, as required by the Commission.
(d)
The Commission may set by regulation reasonable fees for registering appraisal management companies under this subtitle.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-05 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-05LinkCopy Citation
(a)
A person applying for registration as an appraisal management company may not be owned in whole or in part, directly or indirectly, by:
(1)
a person who has had a license or certificate to act as an appraiser refused, denied, canceled, revoked, or surrendered in any state; or
(2)
another entity that is owned by a person who has had a license or certificate to act as an appraiser refused, denied, canceled, revoked, or surrendered in any state.
(b)
The owner of an appraisal management company shall:
(1)
be of good character and reputation, as determined by the Commission; and
(2)
submit to a background investigation, as determined by the Commission.
(c)
A person applying for registration as an appraisal management company shall certify to the Commission that it has reviewed each entity that owns the person and that no other entity that owns the person is directly owned by a person that has had a license or certificate to act as an appraiser refused, denied, canceled, revoked, or surrendered in any state.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-06 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-06LinkCopy Citation
(a)
A person applying for registration as an appraisal management company shall designate an individual to serve as a controlling person that will be the main contact for all communication between the Commission and the appraisal management company.
(b)
The controlling person designated under subsection (a) of this section shall:
(1)
have never 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)
be of good character and reputation, as determined by the Commission; and
(3)
submit to a background investigation, as determined by the Commission.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-07 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-07LinkCopy Citation
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 subsequently granted or reinstated.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-08 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-08LinkCopy Citation
(a)
An appraisal management company shall require that an appraiser confirm in writing or via electronic means that an appraiser receiving the assignment is a competent appraiser for the performance of the appraisal being assigned.
(b)
An appraisal management company that has complied with subsection (a) of this section in relation to an assignment may not be held liable for a violation of this subtitle in relation to that assignment if the Commission subsequently determines that the appraiser completing the assignment violated the competency rule of the Uniform Standards of Professional Appraisal Practice.
(c)
An employee of or independent contractor to the appraisal management company that performs an appraisal review on a property located in the State shall be an appraiser licensed or certified in the State.
(d)
An appraisal management company may not enter into any agreements with an appraiser for the performance of appraisals in conjunction with federally related transactions unless it verifies that the appraiser is licensed or certified to perform the appraisal under this subtitle.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-09 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-09LinkCopy Citation
(a)
A person applying for registration as an appraisal management company shall certify to the Commission on an annual basis that it will maintain a detailed record of:
(1)
each service request that it receives; and
(2)
each appraiser that performs the appraisal for the appraisal management company.
(b)
An appraisal management company shall retain the records required under subsection (a) of this section for 5 years after an appraisal is completed, or 2 years after final disposition of a judicial proceeding related to the assignment, whichever period expires later.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-10 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-10LinkCopy Citation
(a)
An appraisal management company may not:
(1)
knowingly fail to separate and disclose any fees charged to a client by the appraisal management company for the completion of an appraisal by an appraiser from the fees charged to a lender, client, or any other person by an appraisal management company for providing appraisal management services; or
(2)
knowingly prohibit an appraiser from recording the fee that the appraiser was paid by the appraisal management company for the provision of real estate services within the appraisal report that is submitted by the appraiser to the appraisal management company.
(b)
The Commission may not bring disciplinary action under § 16–702.2 of this title or recommend criminal sanctions under § 16–706 of this title based solely on subsection (a) of this section.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-11 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-11LinkCopy Citation
(a)
(1)
Each appraisal management company shall ensure that real estate appraisal services are provided independently and free from inappropriate influence and coercion under the appraisal independence standards established under Section 129E of the Truth in Lending Act.
(2)
(i)
An appraisal management company shall pay an appraiser reasonable and customary fees consistent with the presumptions of compliance defined under federal law.
(ii)
The Commission may not bring disciplinary action under § 16–702.2 of this title or recommend criminal sanctions under § 16–706 of this title based solely on subparagraph (i) of this paragraph.
(b)
An employee, partner, director, officer, or agent of an appraisal management company may not influence or attempt to influence the development, reporting, result, or review of an appraisal through coercion, extortion, collusion, compensation, inducement, intimidation, bribery, or any other means, including:
(1)
compensating, colluding, or influencing, or attempting to compensate, collude, or influence a person involved in an appraisal for the purpose of causing the appraised value assigned under the appraisal to the property to be based on a factor other than the independent judgment of the appraiser;
(2)
mischaracterizing, or suborning any mischaracterization of, the appraised value of a property in conjunction with a consumer credit transaction;
(3)
seeking to influence an appraiser or otherwise encouraging a targeted value in order to facilitate the making or pricing of a consumer credit transaction;
(4)
withholding or threatening to withhold timely payment for an appraisal report or for the provision of real estate appraisal services when the appraisal report or services are provided in accordance with a contract between the parties;
(5)
withholding or threatening to withhold future business from an appraiser;
(6)
demoting or terminating or threatening to demote or terminate an appraiser;
(7)
expressly or impliedly promising future business, promotions, or increased compensation for an appraiser;
(8)
requiring an appraiser to indemnify an appraisal management company or hold an appraisal management company harmless for any liability, damage, losses, or claims arising out of the services provided by the appraisal management company, and not the services performed by the appraiser;
(9)
conditioning a request for an appraisal or the payment of an appraisal fee or salary or bonus on:
(i)
an opinion, a conclusion, or a valuation to be reached; or
(ii)
a preliminary estimate or opinion requested from an appraiser;
(10)
requesting that an appraiser provide:
(i)
an estimated, predetermined, or desired valuation in an appraisal report; or
(ii)
estimated values or comparable sales at any time before the appraiser’s completion of an appraisal;
(11)
except for a copy of the sales contract for purchase transactions, providing to an appraiser an anticipated, estimated, encouraged, or desired value for a subject property or a proposed or target amount to be loaned to the borrower;
(12)
providing to an appraiser, or a person related to the appraiser, stock or other financial or nonfinancial benefits;
(13)
allowing the removal of an appraiser from an appraiser panel without prior written notice to the appraiser;
(14)
obtaining, using, or paying for a second or subsequent appraisal, or ordering an automated valuation model, in connection with a mortgage financing transaction unless:
(i)
there is a reasonable basis to believe that the initial appraisal was flawed and the basis is clearly and appropriately noted in the loan file;
(ii)
the subsequent appraisal or automated valuation model is done under a bona fide prefunding or postfunding appraisal review or quality control process;
(iii)
a second appraisal is required under State or federal law; or
(iv)
the second appraisal or automated valuation model is ordered by an appraisal management company in response to a request by a client in order to satisfy client valuation policies for the property being appraised and the second appraisal or automated valuation model is ordered by the client prior to the completion of the first appraisal; or
(15)
any other act impairing or attempting to impair an appraiser’s independence or impartiality.
(c)
Nothing in subsection (a) or (b) of this section may be construed to prohibit an appraisal management company from asking an appraiser to:
(1)
consider additional appropriate property information, including the consideration of additional comparable properties to make or support an appraisal;
(2)
provide further detail, substantiation, or explanation for an appraiser’s value conclusion; or
(3)
correct errors in an appraisal report.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-12 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-12LinkCopy Citation
An appraisal management company shall inform the Commission when the appraisal management company has a reasonable basis to believe that:
(1)
an appraiser has:
(i)
failed to comply with the Uniform Standards of Professional Appraisal Practice;
(ii)
violated applicable laws; or
(iii)
engaged in unethical or unprofessional conduct; and
(2)
the appraiser’s conduct under item (1) of this section is likely to affect the value assigned to the consumer’s principal dwelling.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-13 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-13LinkCopy Citation
An appraisal management company commits unprofessional conduct if the appraisal management company:
(1)
requires an appraiser to modify an aspect of an appraisal report and the modification requested is not related to substandard performance or noncompliance with the terms of engagement;
(2)
requires an appraiser to prepare an appraisal report if the appraiser has notified the appraisal management company that, in the appraiser’s own professional judgment, the appraiser believes the appraiser does not have the necessary expertise for the specific geographic area;
(3)
requires an appraiser to prepare an appraisal report under a time frame that the appraiser has notified the appraisal management company that, in the appraiser’s own professional judgment, the appraiser believes does not afford the appraiser the ability to meet all the relevant legal and professional obligations;
(4)
prohibits or inhibits communication between an appraiser and a lender, a real estate licensee, or any other person from whom the appraiser, in the appraiser’s own professional judgment, believes information would be relevant;
(5)
requires the appraiser to do anything that does not comply with:
(i)
the Uniform Standards of Professional Appraisal Practice; or
(ii)
any assignment conditions and certifications required by the client; or
(6)
makes any portion of the appraiser’s fee or the appraisal management company’s fee contingent on a favorable outcome, including:
(i)
a loan closing; or
(ii)
a specific dollar amount being achieved by the appraiser in the appraisal report.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-14 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-14LinkCopy Citation
(a)
Except in cases of breach of contract or substandard performance of services, an appraisal management company shall pay an appraiser for the completion of each appraisal or valuation assignment within 45 days after the appraiser provides the initial completed appraisal or valuation study to the appraisal management company or its assignee.
(b)
(1)
The Commission may bring a disciplinary action under § 16–701.2 of this title based on a violation of subsection (a) of this section.
(2)
The Commission may not recommend criminal sanctions under § 16–706 of this title based solely on subsection (a) of this section.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-15 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-15LinkCopy Citation
(a)
An appraisal management company may not change a completed appraisal report submitted by an appraiser by:
(1)
permanently removing the appraiser’s signature or seal; or
(2)
adding information to, or removing information from, the appraisal report with an intent to change the valuation conclusion.
(b)
(1)
An appraisal management company may not require an appraiser to provide the appraisal management company with the appraiser’s digital signature or seal.
(2)
Subject to the restrictions in the Uniform Standards of Professional Appraisal Practice, an appraiser may voluntarily provide the appraiser’s digital signature to another person.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-16 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-16LinkCopy Citation
(a)
The Commission shall issue a unique registration number to each appraisal management company that is registered in this State.
(b)
The Commission shall publish annually a list of appraisal management companies.
(c)
An appraisal management company shall disclose the company’s registration number on any instrument utilized by the appraisal management company to procure appraisal services in this State.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-17 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-17LinkCopy Citation
(a)
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 appraiser, without:
(1)
notifying the appraiser in writing of the reasons why the appraiser is being removed from the appraiser panel of the appraisal management company;
(2)
identifying the illegal conduct, violation of the Uniform Standards of Professional Appraisal Practice, violation of State licensing standards, or substandard performance or violations of contractual terms between the appraiser and the appraisal management company that the appraisal management company has a reasonable basis to believe that the appraiser has engaged in; and
(3)
providing an opportunity for the appraiser to respond.
(b)
(1)
An appraiser that is removed from the appraiser panel of an appraisal management company for alleged illegal conduct, a violation of the Uniform Standards of Professional Appraisal Practice, or a violation of State licensing standards may file a complaint with the Commission for a review of the decision of the appraisal management company.
(2)
The Commission’s review under paragraph (1) of this subsection is limited to determining whether:
(i)
the appraisal management company has complied with subsection (a) of this section; and
(ii)
the appraiser has committed a violation of:
(1)
State law; or
(2)
the Uniform Standards of Professional Appraisal Practice.
(c)
(1)
If an appraiser files a complaint against an appraisal management company under subsection (b) of this section, the Commission shall schedule a hearing within a reasonable time, not exceeding 1 year, after the complaint is filed.
(2)
The time specified under paragraph (1) of this subsection may be extended for good cause by the Commission on written notice to the parties.
(d)
If after opportunity for hearing and review, the Commission determines that an appraisal management company acted improperly in removing an appraiser from the appraiser panel, or that an appraiser did not commit a violation of State law or a violation of the Uniform Standards of Professional Appraisal Practice, the Commission shall order that an appraiser be restored to the appraiser panel of the appraisal management company that was the subject of the complaint.
(e)
If the Commission finds that the appraisal management company acted improperly in removing the appraiser from the appraiser panel, an appraisal management company may not:
(1)
reduce the number of real estate appraisal assignments the company gives to an appraiser; or
(2)
penalize the appraiser in any other manner.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-18 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-18LinkCopy Citation
The Commission may adopt regulations necessary to implement, administer, and enforce this subtitle.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-19 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-19LinkCopy Citation
(a)
(1)
In this section the following words have the meanings indicated.
(2)
“AMC fee” means the appraisal management company annual federal registry fee.
(3)
“Appraisal Subcommittee” means the Appraisal Subcommittee of the Federal Financial Institutions Examinations Council.
(4)
“Fund” means the Appraisal Management Company Annual Federal Registry Fee Fund.
(b)
(1)
There is an Appraisal Management Company Annual Federal Registry Fee Fund.
(2)
The purpose of the Fund is to hold the AMC fee collected from each registered appraisal management company in accordance with § 1109(a)(4) of the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended by the Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010, until transmittal to the Appraisal Subcommittee.
(3)
The Director of the Commission shall administer the Fund.
(4)
(i)
The Fund is a special, nonlapsing fund that is not subject to § 7–302 of the State Finance and Procurement Article.
(ii)
The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.
(5)
The Fund consists only of the AMC fee collected from each registered appraisal management company by the Commission and deposited in the Fund each year.
(6)
The Fund may be used only for the holding of AMC fees until transmittal to the Appraisal Subcommittee by the Commission at the designated time each year.
(7)
(i)
The State Treasurer shall invest the money of the Fund in the same manner as other State money may be invested.
(ii)
Any interest earnings of the Fund shall be credited to the General Fund of the State.
(c)
(1)
Each year, the Commission shall:
(i)
collect from each registered appraisal management company the AMC fee and deposit the AMC fee into the Fund; and
(ii)
transmit to the Appraisal Subcommittee the AMC fees held in the Fund.
(2)
The schedule of AMC fees is as established by the Appraisal Subcommittee.
(d)
Each year, the Commission shall send to the Appraisal Subcommittee:
(1)
a roster of the appraisal management companies registered with the Commission; and
(2)
a report on any fully adjudicated disciplinary actions taken against or any final decisions concerning an appraisal management company.
Subtitle 6. Procedures
Md. Code Ann., Bus. Occ. & Prof. § 16-601 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 6. Procedures
§ 16–601LinkCopy Citation
(a)
Subject to the provisions of this section, the Commission shall start proceedings under § 16–701, § 16–701.1, or § 16–701.2 of this title on a complaint made to the Commission by any person.
(b)
(1)
A complaint shall:
(i)
be in writing; and
(ii)
state specifically the facts on which the complaint is based.
(2)
If a complaint is made by any person other than the Commission, the complaint shall be made under oath by the person who submits the complaint.
(3)
A complaint may be accompanied by documentary or other evidence.
(c)
The Commission shall investigate each complaint submitted to the Commission if the complaint:
(1)
alleges facts that establish a prima facie case that is grounds for disciplinary action under § 16–701, § 16–701.1, or § 16–701.2 of this title; and
(2)
meets the requirements of this section.
(d)
(1)
On conclusion of the investigation, the Commission shall determine if there is a reasonable basis to believe that there are grounds for disciplinary action under § 16–701, § 16–701.1, or § 16–701.2 of this title against an applicant or licensee.
(2)
(i)
If the Commission finds a reasonable basis as provided under paragraph (1) of this subsection, the Commission shall act on the complaint as provided under § 16–602 of this subtitle.
(ii)
If the Commission does not find a reasonable basis as provided under paragraph (1) of this subsection, the Commission shall dismiss the complaint.
Md. Code Ann., Bus. Occ. & Prof. § 16-602 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 6. Procedures
§ 16–602LinkCopy Citation
(a)
Except as otherwise provided in § 10–226 of the State Government Article, before the Commission takes any final action under § 16–701, § 16–701.1, or § 16–701.2 of this title, it shall give the individual against whom the action is contemplated an opportunity for a hearing before:
(1)
the Commission; or
(2)
the Hearing Board for proceedings under § 16–211 of this title.
(b)
The Commission shall give notice and hold the hearing in accordance with Title 10, Subtitle 2 of the State Government Article.
(c)
The Commission may administer oaths in connection with any proceeding under this section.
(d)
The hearing notice to be given to the individual shall be sent by certified mail to the last known address of the individual at least 10 days before the hearing.
(e)
The individual may be represented at the hearing by counsel.
(f)
(1)
The Commission may issue subpoenas in connection with any proceeding under this section.
(2)
If a person fails to comply with a subpoena issued under this subsection, on petition of the Commission, a circuit court may compel compliance with the subpoena.
(g)
If, after due notice, the individual against whom the action is contemplated fails or refuses to appear, nevertheless the Commission may hear and determine the matter.
Subtitle 7. Prohibited Acts; Penalties
Md. Code Ann., Bus. Occ. & Prof. § 16-701 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 7. Prohibited Acts; Penalties
§ 16–701LinkCopy Citation
(a)
(1)
Except as provided in paragraph (2) of this subsection, subject to the hearing provisions of § 16–602 of this title, the Commission may deny a real estate appraisal license to any applicant, deny a certificate to any applicant, reprimand any real estate appraiser licensee, reprimand any certificate holder, or suspend or revoke a real estate appraisal license or certificate if the real estate appraisal applicant, license holder, or certificate holder:
(i)
fraudulently or deceptively obtains or attempts to obtain a license or certificate for the applicant, licensee, certificate holder, or for another;
(ii)
fraudulently or deceptively uses a license or certificate;
(iii)
commits an act or makes an omission in the provision of real estate appraisal services or certified real estate appraisal services that is an act of dishonesty, fraud, or misrepresentation if the applicant, licensee, or certificate holder intends:
(1)
to benefit substantially the applicant, licensee, certificate holder, or another person; or
(2)
to injure substantially another person;
(iv)
is held civilly or criminally liable for deceit, fraud, or misrepresentation in the provision of real estate appraisal services or certified real estate appraisal services;
(v)
under the laws of the United States or of any state, is convicted of:
(1)
a felony; or
(2)
a misdemeanor that is directly related to the fitness and qualification of the applicant, licensee, or certificate holder to provide real estate appraisal services;
(vi)
pays a finder’s fee or a referral fee to a person who lacks a license;
(vii)
makes a false or misleading statement in:
(1)
the part of a written appraisal report about professional qualifications; or
(2)
testimony about professional qualifications;
(viii)
violates the confidential nature of governmental records to which a licensee or certificate holder gained access in the provision of real estate appraisal services or certified real estate services;
(ix)
accepts a fee for providing an independent appraisal service in violation of this title;
(x)
fails to exercise reasonable diligence to develop, prepare, or communicate an appraisal;
(xi)
is negligent or incompetent in developing, preparing, or communicating an appraisal;
(xii)
violates any other provision of this title; or
(xiii)
violates any regulation adopted under this title.
(2)
Subject to the hearing provisions of § 16–602 of this title, the Commission shall deny a real estate appraisal license or certificate to an applicant if the applicant:
(i)
has had an appraiser license, certificate, or credential revoked in any jurisdiction within the 5–year period immediately preceding the date of application;
(ii)
has been convicted of or has entered a plea of guilty or nolo contendere to a felony in a domestic or foreign court:
(1)
during the 5–year period immediately preceding the date of application; or
(2)
at any time preceding the date of application if the felony involves an act of fraud or dishonesty, a breach of trust, or money laundering; or
(iii)
fails to demonstrate good character or general fitness to provide real estate appraisal services in an honest and ethical manner.
(3)
(i)
Except as provided in paragraph (2) of this subsection, instead of or in addition to reprimanding a licensee or a certificate holder or suspending or revoking a license or a certificate under this subsection, the Commission may impose a penalty not exceeding $5,000 for each violation.
(ii)
To determine the amount of the penalty imposed, the Commission shall consider:
(1)
the seriousness of the violation;
(2)
the harm caused by the violation;
(3)
the good faith of the licensee; and
(4)
any history of previous violations by the licensee.
(4)
The Commission shall pay any penalty collected under this subsection into the General Fund of the State.
(b)
Except as provided in subsection (a)(2) of this section, the Commission shall consider the following facts in the granting, denial, renewal, suspension, or revocation of a license or certificate or the reprimand of a licensee or certificate holder when an applicant, certificate holder, or licensee is convicted of a felony or a misdemeanor described in subsection (a)(1)(v) of this section:
(1)
the nature of the crime;
(2)
the relationship of the crime to the activities authorized by the license or certificate;
(3)
with respect to a felony, the relevance of the conviction to the fitness and qualification of the applicant, licensee, or certificate holder to provide real estate appraisal services;
(4)
the length of time since the conviction; and
(5)
the behavior and activities of the applicant, licensee, or certificate holder before and after the conviction.
Md. Code Ann., Bus. Occ. & Prof. § 16-701.1 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 7. Prohibited Acts; Penalties
§ 16–701.1LinkCopy Citation
(a)
Subject to the hearing provisions of § 16–602 of this title, the Commission may deny a home inspector license to any applicant, reprimand any home inspector licensee, or suspend or revoke a home inspector license if the applicant or licensee:
(1)
fraudulently or deceptively obtains or attempts to obtain a license for the applicant or licensee or for another;
(2)
fraudulently or deceptively uses a license;
(3)
engages in conduct that demonstrates bad faith, incompetency, negligence or untrustworthiness, or that constitutes dishonest, fraudulent, or improper dealings;
(4)
under the laws of the United States or of any state, is convicted of:
(i)
a felony; or
(ii)
a misdemeanor that is directly related to the fitness and qualification of the applicant or licensee to provide home inspection services;
(5)
fails to maintain the insurance required under § 16–4A–04 of this title;
(6)
violates any provision of this title;
(7)
violates any regulation adopted under this title; or
(8)
aids, abets, or assists any person in violating any provision of this title or any regulation adopted under this title.
(b)
(1)
Instead of or in addition to reprimanding a licensee or suspending or revoking a license under this section, the Commission may impose a penalty not exceeding $5,000 for each violation.
(2)
To determine the amount of the penalty imposed, the Commission shall consider:
(i)
the seriousness of the violation;
(ii)
the harm caused by the violation;
(iii)
the good faith of the licensee; and
(iv)
any history of previous violations by the licensee.
(3)
The Commission shall pay any penalty collected under this subsection into the General Fund of the State.
(c)
The Commission shall consider the following facts in the granting, denial, renewal, suspension, or revocation of a license or the reprimand of a licensee when an applicant or licensee is convicted of a felony or a misdemeanor described in subsection (a)(4) of this section:
(1)
the nature of the crime;
(2)
the relationship of the crime to the activities authorized by the license;
(3)
with respect to a felony, the relevance of the conviction to the fitness and qualification of the applicant or licensee to provide home inspection services;
(4)
the length of time since the conviction; and
(5)
the behavior and activities of the applicant or licensee before and after the conviction.
Md. Code Ann., Bus. Occ. & Prof. § 16-701.2 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 7. Prohibited Acts; Penalties
§ 16–701.2LinkCopy Citation
(a)
Subject to the hearing provisions of § 16–602 of this title, the Commission may deny registration to any applicant for registration as an appraisal management company, reprimand any registered appraisal management company, or suspend or revoke the registration of an appraisal management company if the applicant or registrant:
(1)
fraudulently or deceptively obtains or attempts to obtain registration for the applicant or registrant or for another;
(2)
fraudulently or deceptively uses a registration;
(3)
under the laws of the United States or any state is convicted of:
(i)
a felony; or
(ii)
a misdemeanor that is directly related to the fitness and qualifications of the registrant to provide appraisal management services;
(4)
violates or attempts to violate any provision of this title;
(5)
violates or attempts to violate any regulation adopted under this title; or
(6)
violates § 14–127 of the Real Property Article.
(b)
(1)
Instead of or in addition to reprimanding a registrant or suspending or revoking a registration under this section, the Commission may impose a penalty not exceeding $25,000 for each violation.
(2)
To determine the amount of the penalty imposed, the Commission shall consider:
(i)
the seriousness of the violation;
(ii)
the harm caused by the violation;
(iii)
the good faith of the registrant; and
(iv)
any history of previous violations by the registrant.
(3)
The Commission shall pay any penalty collected under this subsection into the General Fund of the State.
(c)
The Commission shall consider the following facts in the granting, denial, renewal, suspension, or revocation of a registration or the reprimand of a registrant when an applicant or registrant is convicted of a felony or a misdemeanor described in subsection (a)(3) of this section:
(1)
the nature of the crime;
(2)
the relationship of the crime to the activities authorized by the registration;
(3)
with respect to a felony, the relevance of the conviction to the fitness and qualification of the applicant or registrant to provide appraisal management services;
(4)
the length of time since the conviction; and
(5)
the behavior and activities of the applicant or registrant before and after the conviction.
Md. Code Ann., Bus. Occ. & Prof. § 16-702 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 7. Prohibited Acts; Penalties
§ 16–702LinkCopy Citation
After June 30, 1991, and except as otherwise provided in this title, a person may not provide, attempt to provide, or offer to provide real estate appraisal services in the State unless licensed by the Commission as a real estate appraiser.
Md. Code Ann., Bus. Occ. & Prof. § 16-703 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 7. Prohibited Acts; Penalties
§ 16–703LinkCopy Citation
Except as otherwise provided in this title, a person may not provide, attempt to provide, or offer to provide certified real estate appraisal services in the State unless certified by the Commission as a real estate appraiser.
Md. Code Ann., Bus. Occ. & Prof. § 16-703.1 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 7. Prohibited Acts; Penalties
§ 16–703.1LinkCopy Citation
Except as otherwise provided in this title, a person may not provide, attempt to provide, or offer to provide home inspection services in this State unless licensed as a home inspector by the Commission.
Md. Code Ann., Bus. Occ. & Prof. § 16-703.2 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 7. Prohibited Acts; Penalties
§ 16–703.2LinkCopy Citation
(a)
This section applies only in Baltimore City.
(b)
A licensed home inspector conducting an inspection of a rental dwelling under Article 13, § 5–7 of the Baltimore City Code may not make a certification as a part of that inspection relating to:
(1)
the presence or identification of pests, unless the home inspector is certified as a pest control consultant, pest control applicator, or public agency applicator under § 5–207 of the Agriculture Article; or
(2)
the dwelling’s electrical system, unless the home inspector has completed a minimum of 8 hours of training in electrical systems certified by the Baltimore City Housing Commissioner.
(c)
The electrical training required under subsection (b)(2) of this section shall be in addition to the training required under Subtitle 3A of this title.
Md. Code Ann., Bus. Occ. & Prof. § 16-704 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 7. Prohibited Acts; Penalties
§ 16–704LinkCopy Citation
Unless authorized under this title to provide real estate appraisal services, a person may not represent to the public, by use of a title, including “licensed real estate appraiser”, by description of services, methods, or procedures, or otherwise, that the person is authorized to provide real estate appraisal services in the State.
Md. Code Ann., Bus. Occ. & Prof. § 16-705 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 7. Prohibited Acts; Penalties
§ 16–705LinkCopy Citation
(a)
Unless authorized under this title to provide certified real estate appraisal services, a person may not represent to the public, by use of a title, including “certified real estate appraiser”, by description of services, methods, or procedures, or otherwise, that the person is authorized to provide certified real estate appraisal services in the State.
(b)
A person may not use the title “certified real estate appraiser” after or with the name or signature of a firm, partnership, corporation, or group in a way that the title could be interpreted to refer to anyone other than the individual who is certified under this title.
Md. Code Ann., Bus. Occ. & Prof. § 16-705.1 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 7. Prohibited Acts; Penalties
§ 16–705.1LinkCopy Citation
Unless authorized under this title to provide home inspection services, a person may not represent to the public, by use of a title, including “licensed home inspector”, by description of services, methods, or procedures, or otherwise, that the person is authorized to provide home inspection services in the State.
Md. Code Ann., Bus. Occ. & Prof. § 16-706 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 7. Prohibited Acts; Penalties
§ 16–706LinkCopy Citation
(a)
Except for a violation of § 16–703.2 of this subtitle, a person who violates any provision of this title is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $5,000 or imprisonment not exceeding 1 year or both.
(b)
(1)
The Commission may impose on a person who violates any provision of this title a penalty not exceeding $5,000 for each violation.
(2)
In setting the amount of the penalty, the Commission shall consider:
(i)
the seriousness of the violation;
(ii)
the harm caused by the violation;
(iii)
the good faith of the violator;
(iv)
any history of previous violations by the violator; and
(v)
any other relevant factors.
(3)
The Commission shall pay any penalty collected under this subsection into the General Fund of the State.
Md. Code Ann., Bus. Occ. & Prof. § 16-707 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 7. Prohibited Acts; Penalties
§ 16–707LinkCopy Citation
(a)
The Commission may impose on a person who violates this title a civil penalty not exceeding $5,000 for each violation, whether or not the person is licensed or holds a certificate under this title.
(b)
In setting the amount of a civil penalty, the Commission shall consider:
(1)
the seriousness of the violation;
(2)
the good faith of the violator;
(3)
any previous violations;
(4)
the harmful effect of the violation on the complainant, the public, and the business of home inspections or real estate appraisals;
(5)
the assets of the violator; and
(6)
any other relevant factors.
Subtitle 8. Short Title; Termination of Title
Md. Code Ann., Bus. Occ. & Prof. § 16-801 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 8. Short Title; Termination of Title
§ 16–801LinkCopy Citation
This title may be cited as the “Maryland Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors Act”.
Md. Code Ann., Bus. Occ. & Prof. § 16-802 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 8. Short Title; Termination of Title
§ 16–802LinkCopy Citation
Subject to the evaluation and reestablishment provisions of the Maryland Program Evaluation Act, this title and all regulations adopted under this title shall terminate and be of no effect after July 1, 2032.