<section article="gbo" article_name="Business Occupations and Professions" number="16-101" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="1" subtitle_name="Definitions"> <level label="a"> <text>In this title the following words have the meanings indicated.</text> </level> <level label="b"> <level label="1"> <text>“Appraisal” means an analysis, conclusion, or opinion about the nature, quality, utility, or value of interests in or aspects of identified real estate.</text> </level> <level label="2"> <text>“Appraisal” includes:</text> <level label="i"> <text>a valuation appraisal;</text> </level> <level label="ii"> <text>an analysis assignment; and</text> </level> <level label="iii"> <text>a review assignment.</text> </level> </level> <level label="3"> <text>“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.</text> </level> </level> <level label="c"> <text>“Appraisal report” means any communication, oral or written, of an appraisal.</text> </level> <level label="d"> <text>“Central Repository” means the Criminal Justice Information System Central Repository of the Department of Public Safety and Correctional Services.</text> </level> <level label="e"> <level label="1"> <text>“Certificate” means, unless the context requires otherwise, a certificate issued by the Commission that allows an individual to provide certified real estate appraisal services.</text> </level> <level label="2"> <text>“Certificate” includes, unless the context requires otherwise, each of the following certificates:</text> <level label="i"> <text>a certificate to provide certified real estate appraisal services for general real estate; and</text> </level> <level label="ii"> <text>a certificate to provide certified real estate appraisal services for residential real estate.</text> </level> </level> </level> <level label="f"> <text>“Certified appraisal report” means an appraisal report prepared and signed by a certified real estate appraiser.</text> </level> <level label="g"> <level label="1"> <text>“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.</text> </level> <level label="2"> <text>“Certified real estate appraiser” includes:</text> <level label="i"> <text>a certified real estate appraiser for general real estate; and</text> </level> <level label="ii"> <text>a certified real estate appraiser for residential real estate.</text> </level> </level> </level> <level label="h"> <text>“Commission” means the State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors.</text> </level> <level label="i"> <text>“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.</text> </level> <level label="j"> <text>“Home inspector” means an individual who provides home inspection services for compensation.</text> </level> <level label="k"> <text>“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.</text> </level> <level label="l"> <text>“Licensed home inspector” means an individual who is licensed by the Commission to provide home inspection services.</text> </level> <level label="m"> <text>“Licensed real estate appraiser” means an individual who is licensed by the Commission to provide real estate appraisal services.</text> </level> <level label="n"> <text>“Provide certified real estate appraisal services” means to provide real estate appraisal services as a certified real estate appraiser.</text> </level> <level label="o"> <text>“Provide home inspection services” means to provide home inspection services as a licensed home inspector.</text> </level> <level label="p"> <text>“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.</text> </level> <level label="q"> <level label="1"> <text>“Real estate” means any interest in real property that is located in the State or elsewhere.</text> </level> <level label="2"> <text>“Real estate” includes:</text> <level label="i"> <text>an interest in a condominium; and</text> </level> <level label="ii"> <text>a time–share estate or a time–share license, as those terms are defined in § 11A–101 of the Real Property Article.</text> </level> </level> </level> <level label="r"> <text>“Real estate appraiser trainee” means an individual who is licensed by the Commission to provide real estate appraisal services while:</text> <level label="1"> <text>under the supervision of a supervising appraiser; and</text> </level> <level label="2"> <text>in training to become a licensed real estate appraiser or certified real estate appraiser.</text> </level> </level> <level label="s"> <text>“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.</text> </level> <level label="t"> <level label="1"> <text>“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.</text> </level> <level label="2"> <text>“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.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-201" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <text>There is a State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors in the Department.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-202" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <level label="a"> <level label="1"> <text>The Commission consists of 15 members.</text> </level> <level label="2"> <text>Of the 15 members of the Commission:</text> <level label="i"> <text>at least 2 shall be certified general real estate appraisers;</text> </level> <level label="ii"> <text>2 shall be certified general real estate appraisers, certified residential real estate appraisers, or licensed real estate appraisers;</text> </level> <level label="iii"> <text>2 shall be representatives of a financial institution who are not certified or licensed real estate appraisers or home inspectors;</text> </level> <level label="iv"> <text>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;</text> </level> <level label="v"> <text>4 shall be consumer members; and</text> </level> <level label="vi"> <text>1 shall be a representative of an appraisal management company registered under Subtitle 5B of this title.</text> </level> </level> <level label="3"> <text>The Governor shall:</text> <level label="i"> <text>appoint the members with the advice of the Secretary and with the advice and consent of the Senate; and</text> </level> <level label="ii"> <text>consider demographic and geographic diversity when making appointments to the Commission.</text> </level> </level> </level> <level label="b"> <text>Each member of the Commission shall be a citizen of the State.</text> </level> <level label="c"> <level label="1"> <text>Each consumer member of the Commission:</text> <level label="i"> <text>shall be a member of the general public;</text> </level> <level label="ii"> <text>may not be a licensee, holder of a certificate, or otherwise be subject to regulation by the Commission;</text> </level> <level label="iii"> <text>may not be required to meet the qualifications for the professional members of the Commission; and</text> </level> <level label="iv"> <text>may not, within 1 year before appointment, have had a financial interest in or have received compensation from a person regulated by the Commission.</text> </level> </level> <level label="2"> <text>While a member of the Commission, a consumer member may not:</text> <level label="i"> <text>have a financial interest in or receive compensation from a person regulated by the Commission; or</text> </level> <level label="ii"> <text>grade any examination given by or for the Commission.</text> </level> </level> </level> <level label="d"> <text>Before taking office, each appointee to the Commission shall take the oath required by Article I, § 9 of the Maryland Constitution.</text> </level> <level label="e"> <level label="1"> <text>The term of a member is 3 years.</text> </level> <level label="2"> <text>The terms of members are staggered as required by the terms provided for members of the Commission on January 1, 1991.</text> </level> <level label="3"> <text>At the end of a term, a member continues to serve until a successor is appointed and qualifies.</text> </level> <level label="4"> <text>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.</text> </level> <level label="5"> <text>A member may not serve for more than 2 consecutive 3–year terms.</text> </level> </level> <level label="f"> <level label="1"> <text>The Governor may remove a member for incompetence or misconduct.</text> </level> <level label="2"> <text>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.</text> </level> <level label="3"> <text>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.</text> </level> <level label="4"> <text>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.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-203" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <level label="a"> <level label="1"> <text>From among its members, the Commission annually shall elect a chairman and a vice chairman, provided:</text> <level label="i"> <text>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</text> </level> <level label="ii"> <text>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.</text> </level> </level> <level label="2"> <text>At the end of a term, the chairman and vice chairman may be reelected.</text> </level> </level> <level label="b"> <text>The chairman shall perform the duties that this title and the Commission require.</text> </level> <level label="c"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-204" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <level label="a"> <level label="1"> <text>Subject to paragraph (2) of this subsection, a majority of the members then serving on the Commission is a quorum.</text> </level> <level label="2"> <text>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.</text> </level> </level> <level label="b"> <level label="1"> <text>The Commission shall meet at least once each calendar quarter, at the times and places that the Commission determines.</text> </level> <level label="2"> <text>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.</text> </level> <level label="3"> <text>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.</text> </level> </level> <level label="c"> <text>Each member of the Commission is entitled to:</text> <level label="1"> <text>compensation in accordance with the State budget; and</text> </level> <level label="2"> <text>reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-205" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <level label="a"> <level label="1"> <text>The Secretary shall appoint the executive director of the Commission from a list of 3 nominees submitted by the Commission.</text> </level> <level label="2"> <text>The executive director serves at the pleasure of the Secretary.</text> </level> </level> <level label="b"> <level label="1"> <text>The executive director may not hold any position or engage in another business that:</text> <level label="i"> <text>interferes with the position of executive director; or</text> </level> <level label="ii"> <text>might conflict with the position of executive director.</text> </level> </level> <level label="2"> <text>While employed by the Commission, the executive director may not:</text> <level label="i"> <text>be licensed in any state as a real estate appraiser or a home inspector;</text> </level> <level label="ii"> <text>engage in any act for which a license is required under this title; or</text> </level> <level label="iii"> <text>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.</text> </level> </level> </level> <level label="c"> <text>The executive director is entitled to:</text> <level label="1"> <text>compensation in accordance with the State budget; and</text> </level> <level label="2"> <text>reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.</text> </level> </level> <level label="d"> <text>The executive director is a special appointment in the State Personnel Management System.</text> </level> <level label="e"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-206" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <text>The executive director shall:</text> <level label="1"> <text>keep a record of each act, communication, and proceeding of the Commission; and</text> </level> <level label="2"> <text>perform any other duty that the Commission considers appropriate.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-207" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <level label="a"> <text>The Commission, in accordance with the State budget, may employ:</text> <level label="1"> <text>a general staff; and</text> </level> <level label="2"> <text>an investigative staff to conduct investigations.</text> </level> </level> <level label="b"> <text>While employed by the Commission, an individual may not:</text> <level label="1"> <text>be licensed in any state as a real estate appraiser or home inspector;</text> </level> <level label="2"> <text>engage in any act for which a license is required under this title; or</text> </level> <level label="3"> <text>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.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-208" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <level label="a"> <text>To protect the interests of the public, the Commission shall promptly adopt, by regulation:</text> <level label="1"> <text>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</text> </level> <level label="2"> <text>a code of ethics and standards of practice for individuals licensed as home inspectors under this title.</text> </level> </level> <level label="b"> <text>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.</text> </level> <level label="c"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-209" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <level label="a"> <level label="1"> <text>The Commission shall administer and enforce the provisions of this title.</text> </level> <level label="2"> <text>In connection with any action to enforce the provisions of this title, the Commission may:</text> <level label="i"> <text>hold hearings;</text> </level> <level label="ii"> <text>administer oaths;</text> </level> <level label="iii"> <text>issue a subpoena for the attendance of a witness to testify or the production of evidence; or</text> </level> <level label="iv"> <text>take depositions in the same manner as provided in civil cases in the State.</text> </level> </level> <level label="3"> <text>The Police Department of Baltimore City, the sheriff of a county, or a private process server shall serve a subpoena issued under this subsection.</text> </level> <level label="4"> <text>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.</text> </level> </level> <level label="b"> <level label="1"> <text>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.</text> </level> <level label="2"> <text>In seeking an injunction under this subsection, the Commission is not required to:</text> <level label="i"> <text>post bond, if the injunction is sought against a person who does not hold a license issued under this title;</text> </level> <level label="ii"> <text>allege or prove that an adequate remedy at law does not exist; or</text> </level> <level label="iii"> <text>allege or prove that substantial or irreparable damage would result from the continued violation of the provision.</text> </level> </level> </level> <level label="c"> <level label="1"> <text>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.</text> </level> <level label="2"> <text>A complaint shall:</text> <level label="i"> <text>be in writing;</text> </level> <level label="ii"> <text>state specifically the facts on which the complaint is based; and</text> </level> <level label="iii"> <text>be submitted to the Commission.</text> </level> </level> <level label="3"> <text>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.</text> </level> </level> <level label="d"> <text>A member of the Commission may not be held personally liable for any action taken under this section.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-210" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <level label="a"> <text>The Commission shall establish a Real Estate Appraisal Hearing Board.</text> </level> <level label="b"> <level label="1"> <text>The Hearing Board shall consist of 3 members of the Commission, appointed by the Commission.</text> </level> <level label="2"> <text>Of the 3 positions on the Real Estate Appraisal Hearing Board:</text> <level label="i"> <text>1 shall be a representative of a financial institution;</text> </level> <level label="ii"> <text>1 shall be a consumer member; and</text> </level> <level label="iii"> <text>1 shall be an appraiser with a level of licensure or certification at least equal to the individual subject to the disciplinary action.</text> </level> </level> </level> <level label="c"> <text>From among the members of the Hearing Board, the Commission shall designate a chairman.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-210.1" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <level label="a"> <text>The Commission shall establish a Home Inspector Hearing Board.</text> </level> <level label="b"> <level label="1"> <text>The Hearing Board shall consist of 3 members of the Commission, appointed by the Commission.</text> </level> <level label="2"> <text>Of the 3 positions on the Home Inspector Hearing Board:</text> <level label="i"> <text>2 shall be licensed home inspectors; and</text> </level> <level label="ii"> <text>1 shall be a consumer member.</text> </level> </level> </level> <level label="c"> <text>From among the members of the Hearing Board, the Commission shall designate a chairman.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-210.2" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <level label="a"> <text>The Commission shall establish an appraisal management company hearing board.</text> </level> <level label="b"> <level label="1"> <text>The hearing board consists of three members of the Commission, appointed by the Commission.</text> </level> <level label="2"> <text>Of the three positions on the appraisal management company hearing board:</text> <level label="i"> <text>one shall be a representative of a financial institution;</text> </level> <level label="ii"> <text>one shall be a consumer member; and</text> </level> <level label="iii"> <text>one shall be a representative of an appraisal management company.</text> </level> </level> </level> <level label="c"> <text>From among the members of the hearing board, the Commission shall designate a chair.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-211" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>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.</text> </level> <level label="c"> <level label="1"> <text>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.</text> </level> <level label="2"> <level label="i"> <text>If the hearing board finds a reasonable basis as provided under paragraph (1) of this subsection, the hearing board shall:</text> <level label="1"> <text>hold a hearing on the matter; and</text> </level> <level label="2"> <text>file its finding with the Commission.</text> </level> </level> <level label="ii"> <text>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.</text> </level> </level> <level label="3"> <text>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.</text> </level> </level> <level label="d"> <level label="1"> <level label="i"> <text>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.</text> </level> <level label="ii"> <text>On the filing of an exception under subparagraph (i) of this paragraph, the Commission shall set a hearing on the matter.</text> </level> </level> <level label="2"> <text>If an exception is not filed within the time allowed under paragraph (1)(i) of this subsection:</text> <level label="i"> <text>the decision of the hearing board shall be considered as the final decision of the Commission; and</text> </level> <level label="ii"> <text>any party aggrieved by the decision may take a judicial appeal as provided in this title.</text> </level> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-212" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <level label="a"> <text>The Commission shall keep an indexed record of:</text> <level label="1"> <text>each application for licensure or certification;</text> </level> <level label="2"> <text>each issuance of a license or certificate;</text> </level> <level label="3"> <text>each reprimand of a licensed real estate appraiser or certified real estate appraiser or licensed home inspector; and</text> </level> <level label="4"> <text>each suspension or revocation of a licensed real estate appraiser or certified real estate appraiser or licensed home inspector.</text> </level> </level> <level label="b"> <text>The Commission shall make available to the public:</text> <level label="1"> <text>the record during business hours; and</text> </level> <level label="2"> <text>on request, a copy of the record at a reasonable price that the Commission sets.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-212.1" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>The report shall be open for inspection only to representatives of government agencies for investigation of fraudulent practices.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-213" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <level label="a"> <text>The Commission shall issue at least annually a roster that shows:</text> <level label="1"> <text>the name of each licensed real estate appraiser trainee, licensed real estate appraiser, certified real estate appraiser, and licensed home inspector; and</text> </level> <level label="2"> <text>the name and place of business of each licensed real estate appraiser, certified real estate appraiser, and licensed home inspector.</text> </level> </level> <level label="b"> <text>On request, the Commission shall make available to the public a copy of the roster at a reasonable price that the Commission sets.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-214" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <text>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:</text> <level label="1"> <text>is in good standing in the State; and</text> </level> <level label="2"> <text>pays the issuance fee set by the Commission.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-215" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <text>The Commission shall submit to the Secretary an annual report that includes:</text> <level label="1"> <text>a statement of the total receipts and expenditures of the Commission; and</text> </level> <level label="2"> <text>any other information that reflects the work of the Commission.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-216" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <text>In addition to any powers set forth elsewhere, the Commission may:</text> <level label="1"> <text>sponsor research and other educational activities about real estate appraising or home inspecting;</text> </level> <level label="2"> <text>adopt any regulation to carry out the provisions of this title;</text> </level> <level label="3"> <text>review and approve any on-site training programs, including programs that have been approved by national home inspection organizations;</text> </level> <level label="4"> <text>keep a record of its proceedings; and</text> </level> <level label="5"> <text>adopt an official seal to authenticate its proceedings, official records, licenses, and certificates.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-217" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <level label="a"> <level label="1"> <text>Beginning on July 1, 2011, the Commission may set by regulation reasonable fees for its services.</text> </level> <level label="2"> <text>The fees charged shall be:</text> <level label="i"> <text>set so as to produce funds to approximate the cost of maintaining the Commission; and</text> </level> <level label="ii"> <text>based on the calculations performed by the Secretary of Labor under § 2–106.8 of the Business Regulation Article.</text> </level> </level> </level> <level label="b"> <text>The Commission shall publish the fee schedule set by the Commission.</text> </level> <level label="c"> <level label="1"> <text>Beginning on July 1, 2011, the Commission shall pay all fees collected under this title to the Comptroller.</text> </level> <level label="2"> <text>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.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-218" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <text>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.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-219" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <text>The Commission exercises its powers, duties, and functions subject to the authority of the Secretary.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-220" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="2" subtitle_name="State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors"> <text>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.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-301" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>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.</text> </level> <level label="c"> <text>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.</text> </level> <level label="d"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-302" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers"> <level label="a"> <text>To qualify for a real estate appraisal license, an applicant shall be an individual who meets the requirements of this section.</text> </level> <level label="b"> <text>An applicant shall be of good character and reputation.</text> </level> <level label="c"> <text>An applicant shall be at least 18 years old.</text> </level> <level label="d"> <level label="1"> <text>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.</text> </level> <level label="2"> <text>An applicant shall have completed:</text> <level label="i"> <text>at least 1,000 hours providing real estate appraiser services as a real estate appraiser trainee under the supervision of a certified appraiser; or</text> </level> <level label="ii"> <text>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.</text> </level> </level> <level label="3"> <text>Classroom hours of study required by this section may be conducted by:</text> <level label="i"> <text>an accredited university, college, or community or junior college;</text> </level> <level label="ii"> <text>an approved appraisal society, institute, or association; or</text> </level> <level label="iii"> <text>another school that the Commission approves.</text> </level> </level> <level label="4"> <text>The Commission shall approve all courses of study required under this section.</text> </level> <level label="5"> <text>The Commission may not require an applicant to hold a bachelor’s degree or higher to qualify for licensure under this section.</text> </level> </level> <level label="e"> <text>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.</text> </level> <level label="f"> <level label="1"> <text>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.</text> </level> <level label="2"> <text>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.</text> </level> </level> <level label="g"> <text>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.</text> </level> <level label="h"> <text>The Commission may monitor and review any course of study approved under this section.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-303" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers"> <level label="a"> <text>An applicant for a license shall:</text> <level label="1"> <text>submit to the Commission an application on the form that the Commission provides;</text> </level> <level label="2"> <text>pay to the Commission a fee set by the Commission;</text> </level> <level label="3"> <text>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;</text> </level> <level label="4"> <text>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;</text> </level> <level label="5"> <text>pay the mandatory processing fee required by the Federal Bureau of Investigation for a national criminal history records check; and</text> </level> <level label="6"> <text>pay the fee authorized under § 10–221(b)(7) of the Criminal Procedure Article for access to the State criminal history records.</text> </level> </level> <level label="b"> <text>The Central Repository shall provide to the Commission:</text> <level label="1"> <text>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</text> </level> <level label="2"> <text>an acknowledged receipt of the application for a criminal history records check by an applicant requiring a criminal history records check.</text> </level> </level> <level label="c"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-304" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>The Commission periodically shall give examinations to qualified applicants at the times and places that the Commission determines.</text> </level> <level label="c"> <text>The Commission shall give each qualified applicant notice of the times and places that the Commission determines.</text> </level> <level label="d"> <text>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.</text> </level> <level label="e"> <level label="1"> <text>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.</text> </level> <level label="2"> <text>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.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-304.1" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers"> <level label="a"> <text>The Commission may use a testing service to administer the examinations given under this subtitle.</text> </level> <level label="b"> <text>If the Commission uses a testing service, the testing service, subject to the requirements set by the Commission, may:</text> <level label="1"> <text>set the time and place of examinations;</text> </level> <level label="2"> <text>give qualified applicants notice of the time and place of examinations; and</text> </level> <level label="3"> <text>furnish any other information that the Commission may require the testing service to provide.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-305" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>The Commission may grant a waiver under this section only if the applicant:</text> <level label="1"> <text>pays to the Commission the application fee set by the Commission under § 16–303 of this subtitle; and</text> </level> <level label="2"> <text>provides adequate evidence that the applicant:</text> <level label="i"> <text>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;</text> </level> <level label="ii"> <text>holds a valid license issued by that state; and</text> </level> <level label="iii"> <text>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.</text> </level> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-306" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>The Commission shall issue a license document and pocket card to each applicant who has been granted a license under this section.</text> </level> <level label="c"> <level label="1"> <text>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.</text> </level> <level label="2"> <text>The Commission shall include an expiration date on each license document that the Commission issues.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-307" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers"> <text>While a license is in effect, it authorizes the licensee to provide real estate appraisal services.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-308" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers"> <level label="a"> <text>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.</text> </level> <level label="b"> <level label="1"> <text>At least 1 month before the license expires, the Commission shall mail or electronically transmit to the licensee:</text> <level label="i"> <text>a renewal application form; and</text> </level> <level label="ii"> <text>a notice that states:</text> <level label="1"> <text>the date on which the current license expires; and</text> </level> <level label="2"> <text>the amount of the renewal fee.</text> </level> </level> </level> <level label="2"> <text>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.</text> </level> </level> <level label="c"> <text>Before a license expires, the licensee periodically may renew it for an additional 3–year term, if the licensee:</text> <level label="1"> <text>otherwise is entitled to be licensed;</text> </level> <level label="2"> <text>pays to the Commission a renewal fee set by the Commission; and</text> </level> <level label="3"> <text>submits to the Commission:</text> <level label="i"> <text>a renewal application on the form that the Commission provides; and</text> </level> <level label="ii"> <text>adequate evidence of compliance with the continuing education requirements set under this subtitle for license renewal.</text> </level> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-309" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers"> <text>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.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-310" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers"> <level label="a"> <text>The Commission shall reinstate the license of a real estate appraiser who has failed to renew the license, if the real estate appraiser:</text> <level label="1"> <text>applies to the Commission for reinstatement within 3 years after the license expires;</text> </level> <level label="2"> <text>meets the requirements of § 16–308 of this subtitle; and</text> </level> <level label="3"> <text>in addition to the renewal fee required under § 16–308 of this subtitle, pays to the Commission a reinstatement fee set by the Commission.</text> </level> </level> <level label="b"> <level label="1"> <text>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:</text> <level label="i"> <text>require the individual to reapply for a license under § 16–302 of this subtitle; or</text> </level> <level label="ii"> <text>subject to paragraph (2) of this subsection, reinstate the license.</text> </level> </level> <level label="2"> <text>The Commission may reinstate a license under paragraph (1)(ii) of this subsection only if the individual:</text> <level label="i"> <text>meets the renewal requirements of § 16–308 of this subtitle;</text> </level> <level label="ii"> <text>if required by the Commission, states the reasons why reinstatement should be granted; and</text> </level> <level label="iii"> <text>in addition to the renewal fee required under § 16–308 of this subtitle, pays to the Commission a reinstatement fee set by the Commission.</text> </level> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-311" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers"> <level label="a"> <text>The Commission shall:</text> <level label="1"> <text>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</text> </level> <level label="2"> <text>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.</text> </level> </level> <level label="b"> <level label="1"> <text>There is a Federal Appraisal Fee Fund within the Commission.</text> </level> <level label="2"> <text>The Fund is a special account to be used to disburse money to the appropriate federal authority under subsection (a)(2) of this section.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-312" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers"> <level label="a"> <text>A licensed real estate appraiser shall:</text> <level label="1"> <text>maintain a principal place of business; and</text> </level> <level label="2"> <text>in that principal place of business, display conspicuously the license issued under this subtitle.</text> </level> </level> <level label="b"> <level label="1"> <text>Each licensee promptly shall give the Commission written notice of any change of name or address from that which appears on the current license.</text> </level> <level label="2"> <text>On receipt of notice, the Commission shall issue to the licensee a new license for the unexpired term.</text> </level> <level label="3"> <text>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.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-313" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers"> <text>A licensed real estate appraiser may provide real estate appraisal services through a professional corporation in accordance with the Maryland Professional Service Corporation Act.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-3A-01" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3A" subtitle_name="Licensing of Home Inspectors"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>This title does not apply to:</text> <level label="1"> <text>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;</text> </level> <level label="2"> <text>an individual who is employed as a federal or State inspector, while acting within the scope of that employment;</text> </level> <level label="3"> <text>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;</text> </level> <level label="4"> <text>a roofer, general contractor, remodeler, or structural pest control specialist, while acting within the scope of that occupation; or</text> </level> <level label="5"> <text>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.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-3A-02" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3A" subtitle_name="Licensing of Home Inspectors"> <level label="a"> <text>To qualify for a license as a home inspector, an applicant must be an individual who meets the requirements of this section.</text> </level> <level label="b"> <text>Prior to July 1, 2002, an applicant for a home inspector license shall:</text> <level label="1"> <text>meet two of the following conditions:</text> <level label="i"> <text>have completed a minimum of 48 hours of an on-site training course approved by a national home inspection organization or the Commission;</text> </level> <level label="ii"> <text>have completed a minimum of 2 years of relevant work experience, as determined by the Commission, immediately preceding the submission of an application;</text> </level> <level label="iii"> <text>have completed at least 100 home inspections for compensation; or</text> </level> <level label="iv"> <text>submit proof of full membership in or certification by one of the following national home inspection organizations:</text> <level label="1"> <text>American Society of Home Inspectors; or</text> </level> <level label="2"> <text>National Association of Home Inspectors;</text> </level> </level> </level> <level label="2"> <text>have a high school diploma or its equivalent;</text> </level> <level label="3"> <text>have general liability insurance in an amount not less than $50,000;</text> </level> <level label="4"> <text>submit to the Commission an application on the form that the Commission provides; and</text> </level> <level label="5"> <text>pay to the Commission an application fee of $50.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-3A-03" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3A" subtitle_name="Licensing of Home Inspectors"> <text>An applicant for a home inspector license shall:</text> <level label="1"> <text>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;</text> </level> <level label="2"> <text>have a high school diploma or its equivalent;</text> </level> <level label="3"> <text>have insurance as required under § 16–4A–04 of this title;</text> </level> <level label="4"> <text>submit to the Commission an application on the form that the Commission provides; and</text> </level> <level label="5"> <text>pay to the Commission an application fee set by the Commission.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-3A-04" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3A" subtitle_name="Licensing of Home Inspectors"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>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:</text> <level label="1"> <text>pays to the Commission an application fee as set by the Commission; and</text> </level> <level label="2"> <text>provides adequate evidence that the applicant:</text> <level label="i"> <text>meets the qualifications otherwise required by this subtitle;</text> </level> <level label="ii"> <text>holds an active license in good standing from the other state;</text> </level> <level label="iii"> <text>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</text> </level> <level label="iv"> <text>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.</text> </level> </level> </level> <level label="c"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-3A-05" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3A" subtitle_name="Licensing of Home Inspectors"> <text>If an applicant qualifies for a home inspector license under this title, the Commission shall send the applicant a notice that states:</text> <level label="1"> <text>the applicant has qualified for the license; and</text> </level> <level label="2"> <text>the Commission will issue the home inspector license to an applicant upon receipt of a license fee set by the Commission.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-3A-06" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3A" subtitle_name="Licensing of Home Inspectors"> <text>While a home inspector license is in effect, it authorizes the licensee to provide home inspection services.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-3A-07" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3A" subtitle_name="Licensing of Home Inspectors"> <level label="a"> <text>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.</text> </level> <level label="b"> <level label="1"> <text>At least 1 month before a license expires, the Commission shall mail or electronically transmit to the licensee:</text> <level label="i"> <text>a renewal application form; and</text> </level> <level label="ii"> <text>a notice that states:</text> <level label="1"> <text>the date on which the current license expires; and</text> </level> <level label="2"> <text>the amount of the renewal fee.</text> </level> </level> </level> <level label="2"> <text>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.</text> </level> </level> <level label="c"> <text>Before a license expires, the licensee may renew it for an additional 2–year term, if the licensee:</text> <level label="1"> <text>otherwise is entitled to be licensed;</text> </level> <level label="2"> <text>pays to the Commission a renewal fee set by the Commission;</text> </level> <level label="3"> <text>submits a renewal application on the form that the Commission provides; and</text> </level> <level label="4"> <text>submits proof of compliance with the insurance requirement of § 16–4A–04 of this title.</text> </level> </level> <level label="d"> <text>The Commission shall renew the license of and issue a license to each licensee who meets the requirements of this section.</text> </level> <level label="e"> <level label="1"> <text>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.</text> </level> <level label="2"> <text>Continuing professional competency requirements do not apply to the first renewal of a license.</text> </level> <level label="3"> <text>If a license expires on or before September 30, 2013, a licensee is not required to fulfill the continuing professional competency requirements.</text> </level> <level label="4"> <text>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.</text> </level> <level label="5"> <text>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.</text> </level> <level label="6"> <text>Educational hours from a continuing professional competency course satisfy the requirement of paragraph (1) of this subsection if:</text> <level label="i"> <text>the course is offered by:</text> <level label="1"> <text>the American Society of Home Inspectors;</text> </level> <level label="2"> <text>the National Association of Home Inspectors; or</text> </level> <level label="3"> <text>any other provider approved by the Commission; and</text> </level> </level> <level label="ii"> <text>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.</text> </level> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-3A-08" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3A" subtitle_name="Licensing of Home Inspectors"> <level label="a"> <text>The Commission shall reinstate the license of an individual who has failed to renew a license for any reason if the individual:</text> <level label="1"> <text>applies to the Commission for reinstatement within 5 years after the license expires;</text> </level> <level label="2"> <text>meets the renewal requirements under § 16–3A–07 of this subtitle; and</text> </level> <level label="3"> <text>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.</text> </level> </level> <level label="b"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-401" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="4" subtitle_name="Miscellaneous Provisions for Real Estate Appraisers"> <level label="a"> <text>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:</text> <level label="1"> <text>each contract the licensee enters into for the provision of real estate appraisal services;</text> </level> <level label="2"> <text>each appraisal report the licensee prepares or signs; and</text> </level> <level label="3"> <text>all supporting data that the licensee assembles or formulates to prepare an appraisal report.</text> </level> </level> <level label="b"> <text>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.</text> </level> <level label="c"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-402" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="4" subtitle_name="Miscellaneous Provisions for Real Estate Appraisers"> <level label="a"> <level label="1"> <text>In this section the following words have the meanings indicated.</text> </level> <level label="2"> <text>“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.</text> </level> <level label="3"> <level label="i"> <text>“Specialized appraisal service” means all appraisal services, other than an independent appraisal service.</text> </level> <level label="ii"> <text>“Specialized appraisal service” includes:</text> <level label="1"> <text>marketing and feasibility studies that are designed to persuade third parties that a market exists or that a project is feasible; and</text> </level> <level label="2"> <text>analyses, opinions, conclusions, or estimates of value about real estate investment, mortgage banking, real estate counseling, and real estate tax counseling.</text> </level> </level> </level> </level> <level label="b"> <text>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.</text> </level> <level label="c"> <level label="1"> <text>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.</text> </level> <level label="2"> <text>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:</text> <level label="i"> <text>an oral appraisal report;</text> </level> <level label="ii"> <text>a prominent place in a written appraisal report;</text> </level> <level label="iii"> <text>the certification statement that accompanies a written appraisal report; and</text> </level> <level label="iv"> <text>a letter of transmittal.</text> </level> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-4A-01" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="4A" subtitle_name="Miscellaneous Provisions for Home Inspectors"> <level label="a"> <text>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:</text> <level label="1"> <text>the scope and the exclusions of the inspection;</text> </level> <level label="2"> <text>the conditions observed during the home inspection that are subject to the adopted standards of practice and code of ethics approved by the Commission;</text> </level> <level label="3"> <text>the license number of the licensee; and</text> </level> <level label="4"> <text>a disclosure in 14–point bold type that includes the following statements:</text> <level label="i"> <text>“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”;</text> </level> <level label="ii"> <text>“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”;</text> </level> <level label="iii"> <text>“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</text> </level> <level label="iv"> <text>“Only home inspections performed by Maryland licensed home inspectors will be recognized as a valid home inspection under a real estate contract”.</text> </level> </level> </level> <level label="b"> <text>The licensee shall give the person or the person’s representative the report:</text> <level label="1"> <text>by the date set in a written agreement by the parties to the home inspection; or</text> </level> <level label="2"> <text>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.</text> </level> </level> <level label="c"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-4A-02" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="4A" subtitle_name="Miscellaneous Provisions for Home Inspectors"> <text>Each licensee shall display the license certificate in the manner required by the Commission.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-4A-03" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="4A" subtitle_name="Miscellaneous Provisions for Home Inspectors"> <text>A licensee must report any change of address to the Commission in writing within 15 days.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-4A-04" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="4A" subtitle_name="Miscellaneous Provisions for Home Inspectors"> <level label="a"> <text>A home inspector licensed by the Commission shall maintain general liability insurance in the amount of at least $150,000.</text> </level> <level label="b"> <level label="1"> <text>An applicant shall submit proof of the insurance required under this section to the Commission with the license application.</text> </level> <level label="2"> <text>The Commission may not issue a license to an applicant unless the applicant submits proof of the insurance.</text> </level> </level> <level label="c"> <text>Unless an applicant meets the insurance requirements of this section, the Commission may not renew the license.</text> </level> <level label="d"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-4A-05" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="4A" subtitle_name="Miscellaneous Provisions for Home Inspectors"> <level label="a"> <text>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:</text> <level label="1"> <text>each contract the licensee enters into for the provision of home inspection services;</text> </level> <level label="2"> <text>each home inspection report the licensee prepares or signs; and</text> </level> <level label="3"> <text>all supporting data that the licensee assembles or formulates to prepare a home inspection report.</text> </level> </level> <level label="b"> <text>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.</text> </level> <level label="c"> <text>A licensed home inspector shall make any record required to be kept under this section available to the Commission to inspect or copy.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-501" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5" subtitle_name="Certification of Real Estate Appraisers"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>Notwithstanding subsection (a) of this section, a licensed real estate appraiser who is not certified may:</text> <level label="1"> <text>help a certified real estate appraiser to prepare a certified appraisal report; and</text> </level> <level label="2"> <text>cosign the report.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-502" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5" subtitle_name="Certification of Real Estate Appraisers"> <text>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.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-503" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5" subtitle_name="Certification of Real Estate Appraisers"> <level label="a"> <text>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.</text> </level> <level label="b"> <level label="1"> <text>An applicant shall:</text> <level label="i"> <text>be of good character and reputation;</text> </level> <level label="ii"> <text>be at least 18 years old; and</text> </level> <level label="iii"> <text>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.</text> </level> </level> <level label="2"> <text>An applicant shall have completed:</text> <level label="i"> <text>at least 1,500 hours providing real estate appraiser services as a real estate appraiser trainee under the supervision of a certified appraiser; or</text> </level> <level label="ii"> <text>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.</text> </level> </level> <level label="3"> <text>Classroom hours of study required under this section may be conducted by:</text> <level label="i"> <text>an accredited university, college, or community or junior college;</text> </level> <level label="ii"> <text>an approved appraisal society, institute, or association; or</text> </level> <level label="iii"> <text>another school that the Commission approves.</text> </level> </level> <level label="4"> <text>The Commission shall approve all courses of study required under this section.</text> </level> <level label="5"> <text>The Commission may not require an applicant to hold a bachelor’s degree or higher to qualify for residential certification under this section.</text> </level> </level> <level label="c"> <text>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.</text> </level> <level label="d"> <level label="1"> <text>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.</text> </level> <level label="2"> <text>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.</text> </level> </level> <level label="e"> <text>An applicant shall meet any other requirement that the Commission adopts by regulation.</text> </level> <level label="f"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-504" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5" subtitle_name="Certification of Real Estate Appraisers"> <text>An applicant shall specify whether the applicant is a holder of a certificate for residential or general real estate appraisal.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-505" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5" subtitle_name="Certification of Real Estate Appraisers"> <level label="a"> <text>An applicant for a certificate shall:</text> <level label="1"> <text>submit to the Commission an application on the form that the Commission provides;</text> </level> <level label="2"> <text>pay to the Commission an application fee set by the Commission;</text> </level> <level label="3"> <text>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;</text> </level> <level label="4"> <text>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;</text> </level> <level label="5"> <text>pay the mandatory processing fee required by the Federal Bureau of Investigation for a national criminal history records check; and</text> </level> <level label="6"> <text>pay the fee authorized under § 10–221(b)(7) of the Criminal Procedure Article for access to the State criminal history records.</text> </level> </level> <level label="b"> <text>The Central Repository shall provide to the Commission:</text> <level label="1"> <text>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</text> </level> <level label="2"> <text>an acknowledged receipt of the application for a criminal history records check by an applicant requiring a criminal history records check.</text> </level> </level> <level label="c"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-506" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5" subtitle_name="Certification of Real Estate Appraisers"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>The Commission periodically shall give examinations to qualified applicants at the times and places that the Commission determines.</text> </level> <level label="c"> <text>The Commission shall give each qualified applicant notice of the time and place of examination.</text> </level> <level label="d"> <text>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.</text> </level> <level label="e"> <level label="1"> <text>Except as otherwise provided in this subsection, the Commission shall determine the scope and the passing score for examinations given under this subtitle.</text> </level> <level label="2"> <text>The form of an examination shall be written.</text> </level> <level label="3"> <text>An examination shall test knowledge of:</text> <level label="i"> <text>technical terms commonly used in real estate appraising and economic concepts applicable to real estate;</text> </level> <level label="ii"> <text>real estate appraisal theory and practice and real estate appraisal process;</text> </level> <level label="iii"> <text>standards for the development and communication of real estate appraisals;</text> </level> <level label="iv"> <text>standards of conduct that the Commission adopts under § 16-208 of this title;</text> </level> <level label="v"> <text>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;</text> </level> <level label="vi"> <text>basic real estate law; and</text> </level> <level label="vii"> <text>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.</text> </level> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-506.1" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5" subtitle_name="Certification of Real Estate Appraisers"> <level label="a"> <text>The Commission may use a testing service to administer the examinations given under this subtitle.</text> </level> <level label="b"> <text>If the Commission uses a testing service, the testing service, subject to the requirements set by the Commission, may:</text> <level label="1"> <text>set the time and place of examinations;</text> </level> <level label="2"> <text>give qualified applicants notice of the time and place of examinations; and</text> </level> <level label="3"> <text>furnish any other information that the Commission may require the testing service to provide.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-507" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5" subtitle_name="Certification of Real Estate Appraisers"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>The Commission may grant a waiver under this section only if the applicant:</text> <level label="1"> <text>pays to the Commission the application fee set by the Commission under § 16–505 of this subtitle; and</text> </level> <level label="2"> <text>provides adequate evidence that the applicant:</text> <level label="i"> <text>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;</text> </level> <level label="ii"> <text>holds a valid certificate issued by that state; and</text> </level> <level label="iii"> <text>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.</text> </level> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-508" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5" subtitle_name="Certification of Real Estate Appraisers"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>The Commission shall issue an appropriate certification document and pocket card to each applicant who has been granted certification under this section.</text> </level> <level label="c"> <level label="1"> <text>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.</text> </level> <level label="2"> <text>On each certification document or pocket card that the Commission issues, the Commission shall include:</text> <level label="i"> <text>an expiration date; and</text> </level> <level label="ii"> <text>a certification number.</text> </level> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-509" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5" subtitle_name="Certification of Real Estate Appraisers"> <text>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.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-510" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5" subtitle_name="Certification of Real Estate Appraisers"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>The Commission need not give notice to the holder of the expiration date of the certificate.</text> </level> <level label="c"> <text>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:</text> <level label="1"> <text>otherwise is entitled to hold a certificate;</text> </level> <level label="2"> <text>pays to the Commission a renewal fee set by the Commission; and</text> </level> <level label="3"> <text>submits to the Commission:</text> <level label="i"> <text>a renewal application on the form that the Commission provides; and</text> </level> <level label="ii"> <text>adequate evidence of compliance with the continuing education requirements set under this subtitle for certificate renewal.</text> </level> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-511" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5" subtitle_name="Certification of Real Estate Appraisers"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>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:</text> <level label="1"> <text>has completed an educational program that the Commission determines to be equal to that which the Commission approves; or</text> </level> <level label="2"> <text>in an educational program that the Commission approves and that is about real property appraisal theory and practice:</text> <level label="i"> <text>has participated as a teacher, preparer of instructional materials, or in another similar capacity; but</text> </level> <level label="ii"> <text>has not participated as a student.</text> </level> </level> </level> <level label="c"> <text>The continuing education courses shall be conducted by:</text> <level label="1"> <text>an accredited university, college, or community or junior college;</text> </level> <level label="2"> <text>an approved appraisal society, institute, or association; or</text> </level> <level label="3"> <text>another school that the Commission approves.</text> </level> </level> <level label="d"> <text>If feasible, continuing education courses shall be offered at reasonable intervals in each county and in each major geographic area of the larger counties.</text> </level> <level label="e"> <text>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.</text> </level> <level label="f"> <text>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.</text> </level> <level label="g"> <level label="1"> <text>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:</text> <level label="i"> <text>the real estate appraiser is otherwise entitled to have it renewed;</text> </level> <level label="ii"> <text>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</text> </level> <level label="iii"> <text>pays the renewal fee to the Commission.</text> </level> </level> <level label="2"> <text>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.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-512" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5" subtitle_name="Certification of Real Estate Appraisers"> <level label="a"> <text>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:</text> <level label="1"> <text>applies to the Commission for reinstatement within 3 years after the certificate expires;</text> </level> <level label="2"> <text>meets the requirements of § 16–511 of this subtitle; and</text> </level> <level label="3"> <text>in addition to the renewal fee required under § 16–511 of this subtitle, pays to the Commission a reinstatement fee set by the Commission.</text> </level> </level> <level label="b"> <level label="1"> <text>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:</text> <level label="i"> <text>require the individual to reapply for a certificate under § 16–505 of this subtitle; or</text> </level> <level label="ii"> <text>subject to paragraph (2) of this subsection, reinstate the certificate.</text> </level> </level> <level label="2"> <text>The Commission may reinstate a certificate under paragraph (1)(ii) of this subsection only if the individual:</text> <level label="i"> <text>meets the renewal requirements of § 16–511 of this subtitle;</text> </level> <level label="ii"> <text>if required by the Commission, states the reasons why reinstatement should be granted; and</text> </level> <level label="iii"> <text>in addition to the renewal fee required under § 16–511 of this subtitle, pays to the Commission a reinstatement fee set by the Commission.</text> </level> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-513" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5" subtitle_name="Certification of Real Estate Appraisers"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>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”.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5A-01" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5A" subtitle_name="Real Estate Appraiser Trainees"> <level label="a"> <text>To qualify for a real estate appraiser trainee license, an applicant shall meet the requirements set by the Commission.</text> </level> <level label="b"> <text>An applicant for a real estate appraiser trainee license shall:</text> <level label="1"> <text>submit an application to the Commission on the form that the Commission requires;</text> </level> <level label="2"> <text>be of good character and reputation;</text> </level> <level label="3"> <text>be at least 18 years old;</text> </level> <level label="4"> <text>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</text> </level> <level label="5"> <text>pay to the Commission an application fee set by the Commission.</text> </level> </level> <level label="c"> <level label="1"> <text>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.</text> </level> <level label="2"> <text>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.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5A-02" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5A" subtitle_name="Real Estate Appraiser Trainees"> <text>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.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5A-03" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5A" subtitle_name="Real Estate Appraiser Trainees"> <level label="a"> <text>A supervising appraiser shall:</text> <level label="1"> <text>review, sign, and certify that the real estate trainee’s appraisal report complies with the uniform standards of professional appraisal practice;</text> </level> <level label="2"> <text>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;</text> </level> <level label="3"> <text>determine that the real estate appraiser trainee meets the competency requirements of the uniform standards of professional appraisal practice;</text> </level> <level label="4"> <text>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;</text> </level> <level label="5"> <text>ensure that the tasks assigned a real estate appraiser trainee will, over time, provide the full range of experience required by the Commission;</text> </level> <level label="6"> <text>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</text> </level> <level label="7"> <text>keep copies of appraisal reports prepared by the real estate appraiser trainee for the later of:</text> <level label="i"> <text>5 years; or</text> </level> <level label="ii"> <text>5 years after final disposition of any judicial proceeding in which testimony was given.</text> </level> </level> </level> <level label="b"> <text>A real estate appraiser trainee shall:</text> <level label="1"> <text>keep separate experience logs for each supervising appraiser;</text> </level> <level label="2"> <text>sign appraisal reports that the real estate appraiser trainee prepares; and</text> </level> <level label="3"> <text>upon request, provide experience logs to the Commission.</text> </level> </level> <level label="c"> <text>A real estate appraiser trainee may have more than one supervising appraiser.</text> </level> <level label="d"> <text>A real estate appraiser trainee may obtain copies of appraisal reports which were prepared by that trainee from the supervising appraiser.</text> </level> <level label="e"> <text>An appraiser trainee is subject to the uniform standards of professional appraisal practice.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5A-04" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5A" subtitle_name="Real Estate Appraiser Trainees"> <level label="a"> <text>Unless a real estate appraiser trainee license is renewed under this section, the license expires 3 years after the effective date of the license.</text> </level> <level label="b"> <level label="1"> <text>Before a real estate appraiser trainee license expires, the licensee periodically may renew the license for an additional 3–year term if the licensee:</text> <level label="i"> <text>is otherwise entitled to be licensed; and</text> </level> <level label="ii"> <text>submits to the Commission:</text> <level label="1"> <text>a renewal application on the form that the Commission requires; and</text> </level> <level label="2"> <text>adequate evidence that the licensee meets the minimum continuing education requirements established under the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.</text> </level> </level> </level> <level label="2"> <text>At least 1 month before a real estate appraiser trainee license expires, the Commission shall mail or electronically transmit to the licensee:</text> <level label="i"> <text>a renewal application form; and</text> </level> <level label="ii"> <text>a notice that states:</text> <level label="1"> <text>the date on which the current license expires; and</text> </level> <level label="2"> <text>the amount of the renewal fee.</text> </level> </level> </level> <level label="3"> <text>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.</text> </level> <level label="4"> <text>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.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5A-05" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5A" subtitle_name="Real Estate Appraiser Trainees"> <text>The Commission shall reinstate the license of a real estate appraiser trainee who fails to renew the license if the real estate appraiser trainee:</text> <level label="1"> <text>applies to the Commission for reinstatement within 3 years after the license expires;</text> </level> <level label="2"> <text>provides adequate evidence of compliance with the continuing education requirements under § 16–5A–04 of this subtitle for license renewal;</text> </level> <level label="3"> <text>if required by the Commission, states the reasons why reinstatement should be granted; and</text> </level> <level label="4"> <text>pays to the Commission a reinstatement fee set by the Commission.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-01" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <level label="a"> <text>In this subtitle the following words have the meanings indicated.</text> </level> <level label="b"> <text>“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.</text> </level> <level label="c"> <level label="1"> <text>“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.</text> </level> <level label="2"> <text>“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.</text> </level> </level> <level label="d"> <text>“Appraiser” means a licensed real estate appraiser or a certified real estate appraiser.</text> </level> <level label="e"> <text>“Appraiser panel” means a network of licensed or certified appraisers who are independent contractors to the appraisal management company.</text> </level> <level label="f"> <text>“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.</text> </level> <level label="g"> <text>“Controlling person” means:</text> <level label="1"> <text>an owner, officer, or director of an appraisal management company;</text> </level> <level label="2"> <text>an individual employed, appointed, or authorized by an appraisal management company that has the authority to enter into:</text> <level label="i"> <text>a contractual relationship with other persons for the performance of appraisal management services; and</text> </level> <level label="ii"> <text>agreements with appraisers for the performance of appraisals; or</text> </level> </level> <level label="3"> <text>an individual who possesses the power to direct or cause the direction of the management or policies of an appraisal management company.</text> </level> </level> <level label="h"> <text>“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:</text> <level label="1"> <text>administer an appraisal panel;</text> </level> <level label="2"> <text>recruit, retain, or select appraisers;</text> </level> <level label="3"> <text>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;</text> </level> <level label="4"> <text>contract with appraisers to perform appraisal assignments;</text> </level> <level label="5"> <text>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;</text> </level> <level label="6"> <text>manage the process of having an appraisal performed, including the following administrative duties:</text> <level label="i"> <text>receiving appraisal orders and reports;</text> </level> <level label="ii"> <text>submitting completed appraisal reports to creditors and underwriters;</text> </level> <level label="iii"> <text>collecting fees from creditors and underwriters for services provided; and</text> </level> <level label="iv"> <text>reimbursing appraisers for services performed;</text> </level> </level> <level label="7"> <text>track and determine the status of orders for appraisals;</text> </level> <level label="8"> <text>conduct quality control of a completed appraisal prior to the delivery of the appraisal to the person that ordered the appraisal; or</text> </level> <level label="9"> <text>provide a completed appraisal performed by an appraiser to a client.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-02" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <text>This subtitle does not apply to:</text> <level label="1"> <text>a person that exclusively employs appraisers on an employer–employee basis for the performance of appraisals; or</text> </level> <level label="2"> <text>an entity that is a subsidiary owned and controlled by a financial institution and regulated by a federal financial institution regulatory agency.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-03" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <level label="a"> <text>A person shall register with the Commission before the person:</text> <level label="1"> <text>engages or attempts to engage in business as an appraisal management company;</text> </level> <level label="2"> <text>provides or attempts to provide appraisal management services; or</text> </level> <level label="3"> <text>advertises or represents the person to be an appraisal management company.</text> </level> </level> <level label="b"> <text>The registration required under subsection (a) of this section shall include:</text> <level label="1"> <text>the name of the person seeking registration;</text> </level> <level label="2"> <text>the business address of the person seeking registration;</text> </level> <level label="3"> <text>the phone contact information of the person seeking registration;</text> </level> <level label="4"> <text>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;</text> </level> <level label="5"> <text>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;</text> </level> <level label="6"> <text>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;</text> </level> <level label="7"> <text>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;</text> </level> <level label="8"> <text>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;</text> </level> <level label="9"> <text>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;</text> </level> <level label="10"> <text>an irrevocable Uniform Consent to Service of Process in accordance with § 16–5B–04(c) of this subtitle; and</text> </level> <level label="11"> <text>any other information that the Commission reasonably requires to implement this subtitle.</text> </level> </level> <level label="c"> <text>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.</text> </level> <level label="d"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-04" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <level label="a"> <text>An applicant for registration as an appraisal management company shall submit to the Commission an application on a form required by the Commission.</text> </level> <level label="b"> <text>A registration issued under this subtitle is valid for 1 year.</text> </level> <level label="c"> <text>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.</text> </level> <level label="d"> <text>The Commission may set by regulation reasonable fees for registering appraisal management companies under this subtitle.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-05" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <level label="a"> <text>A person applying for registration as an appraisal management company may not be owned in whole or in part, directly or indirectly, by:</text> <level label="1"> <text>a person who has had a license or certificate to act as an appraiser refused, denied, canceled, revoked, or surrendered in any state; or</text> </level> <level label="2"> <text>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.</text> </level> </level> <level label="b"> <text>The owner of an appraisal management company shall:</text> <level label="1"> <text>be of good character and reputation, as determined by the Commission; and</text> </level> <level label="2"> <text>submit to a background investigation, as determined by the Commission.</text> </level> </level> <level label="c"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-06" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>The controlling person designated under subsection (a) of this section shall:</text> <level label="1"> <text>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;</text> </level> <level label="2"> <text>be of good character and reputation, as determined by the Commission; and</text> </level> <level label="3"> <text>submit to a background investigation, as determined by the Commission.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-07" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <text>An appraisal management company may not:</text> <level label="1"> <text>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;</text> </level> <level label="2"> <text>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</text> </level> <level label="3"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-08" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>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.</text> </level> <level label="c"> <text>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.</text> </level> <level label="d"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-09" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <level label="a"> <text>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:</text> <level label="1"> <text>each service request that it receives; and</text> </level> <level label="2"> <text>each appraiser that performs the appraisal for the appraisal management company.</text> </level> </level> <level label="b"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-10" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <level label="a"> <text>An appraisal management company may not:</text> <level label="1"> <text>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</text> </level> <level label="2"> <text>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.</text> </level> </level> <level label="b"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-11" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <level label="a"> <level label="1"> <text>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.</text> </level> <level label="2"> <level label="i"> <text>An appraisal management company shall pay an appraiser reasonable and customary fees consistent with the presumptions of compliance defined under federal law.</text> </level> <level label="ii"> <text>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.</text> </level> </level> </level> <level label="b"> <text>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:</text> <level label="1"> <text>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;</text> </level> <level label="2"> <text>mischaracterizing, or suborning any mischaracterization of, the appraised value of a property in conjunction with a consumer credit transaction;</text> </level> <level label="3"> <text>seeking to influence an appraiser or otherwise encouraging a targeted value in order to facilitate the making or pricing of a consumer credit transaction;</text> </level> <level label="4"> <text>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;</text> </level> <level label="5"> <text>withholding or threatening to withhold future business from an appraiser;</text> </level> <level label="6"> <text>demoting or terminating or threatening to demote or terminate an appraiser;</text> </level> <level label="7"> <text>expressly or impliedly promising future business, promotions, or increased compensation for an appraiser;</text> </level> <level label="8"> <text>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;</text> </level> <level label="9"> <text>conditioning a request for an appraisal or the payment of an appraisal fee or salary or bonus on:</text> <level label="i"> <text>an opinion, a conclusion, or a valuation to be reached; or</text> </level> <level label="ii"> <text>a preliminary estimate or opinion requested from an appraiser;</text> </level> </level> <level label="10"> <text>requesting that an appraiser provide:</text> <level label="i"> <text>an estimated, predetermined, or desired valuation in an appraisal report; or</text> </level> <level label="ii"> <text>estimated values or comparable sales at any time before the appraiser’s completion of an appraisal;</text> </level> </level> <level label="11"> <text>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;</text> </level> <level label="12"> <text>providing to an appraiser, or a person related to the appraiser, stock or other financial or nonfinancial benefits;</text> </level> <level label="13"> <text>allowing the removal of an appraiser from an appraiser panel without prior written notice to the appraiser;</text> </level> <level label="14"> <text>obtaining, using, or paying for a second or subsequent appraisal, or ordering an automated valuation model, in connection with a mortgage financing transaction unless:</text> <level label="i"> <text>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;</text> </level> <level label="ii"> <text>the subsequent appraisal or automated valuation model is done under a bona fide prefunding or postfunding appraisal review or quality control process;</text> </level> <level label="iii"> <text>a second appraisal is required under State or federal law; or</text> </level> <level label="iv"> <text>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</text> </level> </level> <level label="15"> <text>any other act impairing or attempting to impair an appraiser’s independence or impartiality.</text> </level> </level> <level label="c"> <text>Nothing in subsection (a) or (b) of this section may be construed to prohibit an appraisal management company from asking an appraiser to:</text> <level label="1"> <text>consider additional appropriate property information, including the consideration of additional comparable properties to make or support an appraisal;</text> </level> <level label="2"> <text>provide further detail, substantiation, or explanation for an appraiser’s value conclusion; or</text> </level> <level label="3"> <text>correct errors in an appraisal report.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-12" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <text>An appraisal management company shall inform the Commission when the appraisal management company has a reasonable basis to believe that:</text> <level label="1"> <text>an appraiser has:</text> <level label="i"> <text>failed to comply with the Uniform Standards of Professional Appraisal Practice;</text> </level> <level label="ii"> <text>violated applicable laws; or</text> </level> <level label="iii"> <text>engaged in unethical or unprofessional conduct; and</text> </level> </level> <level label="2"> <text>the appraiser’s conduct under item (1) of this section is likely to affect the value assigned to the consumer’s principal dwelling.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-13" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <text>An appraisal management company commits unprofessional conduct if the appraisal management company:</text> <level label="1"> <text>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;</text> </level> <level label="2"> <text>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;</text> </level> <level label="3"> <text>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;</text> </level> <level label="4"> <text>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;</text> </level> <level label="5"> <text>requires the appraiser to do anything that does not comply with:</text> <level label="i"> <text>the Uniform Standards of Professional Appraisal Practice; or</text> </level> <level label="ii"> <text>any assignment conditions and certifications required by the client; or</text> </level> </level> <level label="6"> <text>makes any portion of the appraiser’s fee or the appraisal management company’s fee contingent on a favorable outcome, including:</text> <level label="i"> <text>a loan closing; or</text> </level> <level label="ii"> <text>a specific dollar amount being achieved by the appraiser in the appraisal report.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-14" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <level label="a"> <text>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.</text> </level> <level label="b"> <level label="1"> <text>The Commission may bring a disciplinary action under § 16–701.2 of this title based on a violation of subsection (a) of this section.</text> </level> <level label="2"> <text>The Commission may not recommend criminal sanctions under § 16–706 of this title based solely on subsection (a) of this section.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-15" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <level label="a"> <text>An appraisal management company may not change a completed appraisal report submitted by an appraiser by:</text> <level label="1"> <text>permanently removing the appraiser’s signature or seal; or</text> </level> <level label="2"> <text>adding information to, or removing information from, the appraisal report with an intent to change the valuation conclusion.</text> </level> </level> <level label="b"> <level label="1"> <text>An appraisal management company may not require an appraiser to provide the appraisal management company with the appraiser’s digital signature or seal.</text> </level> <level label="2"> <text>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.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-16" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <level label="a"> <text>The Commission shall issue a unique registration number to each appraisal management company that is registered in this State.</text> </level> <level label="b"> <text>The Commission shall publish annually a list of appraisal management companies.</text> </level> <level label="c"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-17" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <level label="a"> <text>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:</text> <level label="1"> <text>notifying the appraiser in writing of the reasons why the appraiser is being removed from the appraiser panel of the appraisal management company;</text> </level> <level label="2"> <text>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</text> </level> <level label="3"> <text>providing an opportunity for the appraiser to respond.</text> </level> </level> <level label="b"> <level label="1"> <text>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.</text> </level> <level label="2"> <text>The Commission’s review under paragraph (1) of this subsection is limited to determining whether:</text> <level label="i"> <text>the appraisal management company has complied with subsection (a) of this section; and</text> </level> <level label="ii"> <text>the appraiser has committed a violation of:</text> <level label="1"> <text>State law; or</text> </level> <level label="2"> <text>the Uniform Standards of Professional Appraisal Practice.</text> </level> </level> </level> </level> <level label="c"> <level label="1"> <text>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.</text> </level> <level label="2"> <text>The time specified under paragraph (1) of this subsection may be extended for good cause by the Commission on written notice to the parties.</text> </level> </level> <level label="d"> <text>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.</text> </level> <level label="e"> <text>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:</text> <level label="1"> <text>reduce the number of real estate appraisal assignments the company gives to an appraiser; or</text> </level> <level label="2"> <text>penalize the appraiser in any other manner.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-18" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <text>The Commission may adopt regulations necessary to implement, administer, and enforce this subtitle.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-5B-19" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="5B" subtitle_name="Real Estate Appraisal Management Companies"> <level label="a"> <level label="1"> <text>In this section the following words have the meanings indicated.</text> </level> <level label="2"> <text>“AMC fee” means the appraisal management company annual federal registry fee.</text> </level> <level label="3"> <text>“Appraisal Subcommittee” means the Appraisal Subcommittee of the Federal Financial Institutions Examinations Council.</text> </level> <level label="4"> <text>“Fund” means the Appraisal Management Company Annual Federal Registry Fee Fund.</text> </level> </level> <level label="b"> <level label="1"> <text>There is an Appraisal Management Company Annual Federal Registry Fee Fund.</text> </level> <level label="2"> <text>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.</text> </level> <level label="3"> <text>The Director of the Commission shall administer the Fund.</text> </level> <level label="4"> <level label="i"> <text>The Fund is a special, nonlapsing fund that is not subject to § 7–302 of the State Finance and Procurement Article.</text> </level> <level label="ii"> <text>The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.</text> </level> </level> <level label="5"> <text>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.</text> </level> <level label="6"> <text>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.</text> </level> <level label="7"> <level label="i"> <text>The State Treasurer shall invest the money of the Fund in the same manner as other State money may be invested.</text> </level> <level label="ii"> <text>Any interest earnings of the Fund shall be credited to the General Fund of the State.</text> </level> </level> </level> <level label="c"> <level label="1"> <text>Each year, the Commission shall:</text> <level label="i"> <text>collect from each registered appraisal management company the AMC fee and deposit the AMC fee into the Fund; and</text> </level> <level label="ii"> <text>transmit to the Appraisal Subcommittee the AMC fees held in the Fund.</text> </level> </level> <level label="2"> <text>The schedule of AMC fees is as established by the Appraisal Subcommittee.</text> </level> </level> <level label="d"> <text>Each year, the Commission shall send to the Appraisal Subcommittee:</text> <level label="1"> <text>a roster of the appraisal management companies registered with the Commission; and</text> </level> <level label="2"> <text>a report on any fully adjudicated disciplinary actions taken against or any final decisions concerning an appraisal management company.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-601" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="6" subtitle_name="Procedures"> <level label="a"> <text>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.</text> </level> <level label="b"> <level label="1"> <text>A complaint shall:</text> <level label="i"> <text>be in writing; and</text> </level> <level label="ii"> <text>state specifically the facts on which the complaint is based.</text> </level> </level> <level label="2"> <text>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.</text> </level> <level label="3"> <text>A complaint may be accompanied by documentary or other evidence.</text> </level> </level> <level label="c"> <text>The Commission shall investigate each complaint submitted to the Commission if the complaint:</text> <level label="1"> <text>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</text> </level> <level label="2"> <text>meets the requirements of this section.</text> </level> </level> <level label="d"> <level label="1"> <text>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.</text> </level> <level label="2"> <level label="i"> <text>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.</text> </level> <level label="ii"> <text>If the Commission does not find a reasonable basis as provided under paragraph (1) of this subsection, the Commission shall dismiss the complaint.</text> </level> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-602" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="6" subtitle_name="Procedures"> <level label="a"> <text>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:</text> <level label="1"> <text>the Commission; or</text> </level> <level label="2"> <text>the Hearing Board for proceedings under § 16–211 of this title.</text> </level> </level> <level label="b"> <text>The Commission shall give notice and hold the hearing in accordance with Title 10, Subtitle 2 of the State Government Article.</text> </level> <level label="c"> <text>The Commission may administer oaths in connection with any proceeding under this section.</text> </level> <level label="d"> <text>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.</text> </level> <level label="e"> <text>The individual may be represented at the hearing by counsel.</text> </level> <level label="f"> <level label="1"> <text>The Commission may issue subpoenas in connection with any proceeding under this section.</text> </level> <level label="2"> <text>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.</text> </level> </level> <level label="g"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-701" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="7" subtitle_name="Prohibited Acts; Penalties"> <level label="a"> <level label="1"> <text>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:</text> <level label="i"> <text>fraudulently or deceptively obtains or attempts to obtain a license or certificate for the applicant, licensee, certificate holder, or for another;</text> </level> <level label="ii"> <text>fraudulently or deceptively uses a license or certificate;</text> </level> <level label="iii"> <text>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:</text> <level label="1"> <text>to benefit substantially the applicant, licensee, certificate holder, or another person; or</text> </level> <level label="2"> <text>to injure substantially another person;</text> </level> </level> <level label="iv"> <text>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;</text> </level> <level label="v"> <text>under the laws of the United States or of any state, is convicted of:</text> <level label="1"> <text>a felony; or</text> </level> <level label="2"> <text>a misdemeanor that is directly related to the fitness and qualification of the applicant, licensee, or certificate holder to provide real estate appraisal services;</text> </level> </level> <level label="vi"> <text>pays a finder’s fee or a referral fee to a person who lacks a license;</text> </level> <level label="vii"> <text>makes a false or misleading statement in:</text> <level label="1"> <text>the part of a written appraisal report about professional qualifications; or</text> </level> <level label="2"> <text>testimony about professional qualifications;</text> </level> </level> <level label="viii"> <text>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;</text> </level> <level label="ix"> <text>accepts a fee for providing an independent appraisal service in violation of this title;</text> </level> <level label="x"> <text>fails to exercise reasonable diligence to develop, prepare, or communicate an appraisal;</text> </level> <level label="xi"> <text>is negligent or incompetent in developing, preparing, or communicating an appraisal;</text> </level> <level label="xii"> <text>violates any other provision of this title; or</text> </level> <level label="xiii"> <text>violates any regulation adopted under this title.</text> </level> </level> <level label="2"> <text>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:</text> <level label="i"> <text>has had an appraiser license, certificate, or credential revoked in any jurisdiction within the 5–year period immediately preceding the date of application;</text> </level> <level label="ii"> <text>has been convicted of or has entered a plea of guilty or nolo contendere to a felony in a domestic or foreign court:</text> <level label="1"> <text>during the 5–year period immediately preceding the date of application; or</text> </level> <level label="2"> <text>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</text> </level> </level> <level label="iii"> <text>fails to demonstrate good character or general fitness to provide real estate appraisal services in an honest and ethical manner.</text> </level> </level> <level label="3"> <level label="i"> <text>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.</text> </level> <level label="ii"> <text>To determine the amount of the penalty imposed, the Commission shall consider:</text> <level label="1"> <text>the seriousness of the violation;</text> </level> <level label="2"> <text>the harm caused by the violation;</text> </level> <level label="3"> <text>the good faith of the licensee; and</text> </level> <level label="4"> <text>any history of previous violations by the licensee.</text> </level> </level> </level> <level label="4"> <text>The Commission shall pay any penalty collected under this subsection into the General Fund of the State.</text> </level> </level> <level label="b"> <text>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:</text> <level label="1"> <text>the nature of the crime;</text> </level> <level label="2"> <text>the relationship of the crime to the activities authorized by the license or certificate;</text> </level> <level label="3"> <text>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;</text> </level> <level label="4"> <text>the length of time since the conviction; and</text> </level> <level label="5"> <text>the behavior and activities of the applicant, licensee, or certificate holder before and after the conviction.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-701.1" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="7" subtitle_name="Prohibited Acts; Penalties"> <level label="a"> <text>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:</text> <level label="1"> <text>fraudulently or deceptively obtains or attempts to obtain a license for the applicant or licensee or for another;</text> </level> <level label="2"> <text>fraudulently or deceptively uses a license;</text> </level> <level label="3"> <text>engages in conduct that demonstrates bad faith, incompetency, negligence or untrustworthiness, or that constitutes dishonest, fraudulent, or improper dealings;</text> </level> <level label="4"> <text>under the laws of the United States or of any state, is convicted of:</text> <level label="i"> <text>a felony; or</text> </level> <level label="ii"> <text>a misdemeanor that is directly related to the fitness and qualification of the applicant or licensee to provide home inspection services;</text> </level> </level> <level label="5"> <text>fails to maintain the insurance required under § 16–4A–04 of this title;</text> </level> <level label="6"> <text>violates any provision of this title;</text> </level> <level label="7"> <text>violates any regulation adopted under this title; or</text> </level> <level label="8"> <text>aids, abets, or assists any person in violating any provision of this title or any regulation adopted under this title.</text> </level> </level> <level label="b"> <level label="1"> <text>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.</text> </level> <level label="2"> <text>To determine the amount of the penalty imposed, the Commission shall consider:</text> <level label="i"> <text>the seriousness of the violation;</text> </level> <level label="ii"> <text>the harm caused by the violation;</text> </level> <level label="iii"> <text>the good faith of the licensee; and</text> </level> <level label="iv"> <text>any history of previous violations by the licensee.</text> </level> </level> <level label="3"> <text>The Commission shall pay any penalty collected under this subsection into the General Fund of the State.</text> </level> </level> <level label="c"> <text>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:</text> <level label="1"> <text>the nature of the crime;</text> </level> <level label="2"> <text>the relationship of the crime to the activities authorized by the license;</text> </level> <level label="3"> <text>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;</text> </level> <level label="4"> <text>the length of time since the conviction; and</text> </level> <level label="5"> <text>the behavior and activities of the applicant or licensee before and after the conviction.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-701.2" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="7" subtitle_name="Prohibited Acts; Penalties"> <level label="a"> <text>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:</text> <level label="1"> <text>fraudulently or deceptively obtains or attempts to obtain registration for the applicant or registrant or for another;</text> </level> <level label="2"> <text>fraudulently or deceptively uses a registration;</text> </level> <level label="3"> <text>under the laws of the United States or any state is convicted of:</text> <level label="i"> <text>a felony; or</text> </level> <level label="ii"> <text>a misdemeanor that is directly related to the fitness and qualifications of the registrant to provide appraisal management services;</text> </level> </level> <level label="4"> <text>violates or attempts to violate any provision of this title;</text> </level> <level label="5"> <text>violates or attempts to violate any regulation adopted under this title; or</text> </level> <level label="6"> <text>violates § 14–127 of the Real Property Article.</text> </level> </level> <level label="b"> <level label="1"> <text>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.</text> </level> <level label="2"> <text>To determine the amount of the penalty imposed, the Commission shall consider:</text> <level label="i"> <text>the seriousness of the violation;</text> </level> <level label="ii"> <text>the harm caused by the violation;</text> </level> <level label="iii"> <text>the good faith of the registrant; and</text> </level> <level label="iv"> <text>any history of previous violations by the registrant.</text> </level> </level> <level label="3"> <text>The Commission shall pay any penalty collected under this subsection into the General Fund of the State.</text> </level> </level> <level label="c"> <text>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:</text> <level label="1"> <text>the nature of the crime;</text> </level> <level label="2"> <text>the relationship of the crime to the activities authorized by the registration;</text> </level> <level label="3"> <text>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;</text> </level> <level label="4"> <text>the length of time since the conviction; and</text> </level> <level label="5"> <text>the behavior and activities of the applicant or registrant before and after the conviction.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-702" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="7" subtitle_name="Prohibited Acts; Penalties"> <text>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.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-703" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="7" subtitle_name="Prohibited Acts; Penalties"> <text>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.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-703.1" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="7" subtitle_name="Prohibited Acts; Penalties"> <text>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.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-703.2" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="7" subtitle_name="Prohibited Acts; Penalties"> <level label="a"> <text>This section applies only in Baltimore City.</text> </level> <level label="b"> <text>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:</text> <level label="1"> <text>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</text> </level> <level label="2"> <text>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.</text> </level> </level> <level label="c"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-704" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="7" subtitle_name="Prohibited Acts; Penalties"> <text>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.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-705" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="7" subtitle_name="Prohibited Acts; Penalties"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>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.</text> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-705.1" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="7" subtitle_name="Prohibited Acts; Penalties"> <text>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.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-706" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="7" subtitle_name="Prohibited Acts; Penalties"> <level label="a"> <text>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.</text> </level> <level label="b"> <level label="1"> <text>The Commission may impose on a person who violates any provision of this title a penalty not exceeding $5,000 for each violation.</text> </level> <level label="2"> <text>In setting the amount of the penalty, the Commission shall consider:</text> <level label="i"> <text>the seriousness of the violation;</text> </level> <level label="ii"> <text>the harm caused by the violation;</text> </level> <level label="iii"> <text>the good faith of the violator;</text> </level> <level label="iv"> <text>any history of previous violations by the violator; and</text> </level> <level label="v"> <text>any other relevant factors.</text> </level> </level> <level label="3"> <text>The Commission shall pay any penalty collected under this subsection into the General Fund of the State.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-707" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="7" subtitle_name="Prohibited Acts; Penalties"> <level label="a"> <text>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.</text> </level> <level label="b"> <text>In setting the amount of a civil penalty, the Commission shall consider:</text> <level label="1"> <text>the seriousness of the violation;</text> </level> <level label="2"> <text>the good faith of the violator;</text> </level> <level label="3"> <text>any previous violations;</text> </level> <level label="4"> <text>the harmful effect of the violation on the complainant, the public, and the business of home inspections or real estate appraisals;</text> </level> <level label="5"> <text>the assets of the violator; and</text> </level> <level label="6"> <text>any other relevant factors.</text> </level> </level> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-801" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="8" subtitle_name="Short Title; Termination of Title"> <text>This title may be cited as the “Maryland Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors Act”.</text> </section> <section article="gbo" article_name="Business Occupations and Professions" number="16-802" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="8" subtitle_name="Short Title; Termination of Title"> <text>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.</text> </section>