§ 16–5B-09
Statutes in effect as of October 1, 2026.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-09 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-09LinkCopy Citation
(a)
A person applying for registration as an appraisal management company shall certify to the Commission on an annual basis that it will maintain a detailed record of:
(1)
each service request that it receives; and
(2)
each appraiser that performs the appraisal for the appraisal management company.
(b)
An appraisal management company shall retain the records required under subsection (a) of this section for 5 years after an appraisal is completed, or 2 years after final disposition of a judicial proceeding related to the assignment, whichever period expires later.