# Business Occupations and Professions (GBO)

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

### Subtitle 5B. Real Estate Appraisal Management Companies

#### Section 16-5B-09

(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.

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