# Business Occupations and Professions (GBO)

## Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors

### Subtitle 4. Miscellaneous Provisions for Real Estate Appraisers

#### Section 16-401

(a) Subject to the provisions of subsection (b) of this section, a licensed real estate appraiser shall keep, for 5 years from the date of delivery to the client, the original or a copy of:

  (1) each contract the licensee enters into for the provision of real estate appraisal services;

  (2) each appraisal report the licensee prepares or signs; and

  (3) all supporting data that the licensee assembles or formulates to prepare an appraisal report.

(b) If, within the 5-year period for the retention of records, a licensed real estate appraiser is given notice that an appraisal or appraisal report is involved in litigation, a new 5-year period shall start on the date of the final disposition of the litigation.

(c) On request, a licensed real estate appraiser shall make any record required to be kept under this section available to the Commission to inspect or copy.

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Md. Code Ann., Bus. Occ. & Prof. (as displayed at mgaleg.maryland.gov, October 16, 2026)