<?xml version='1.0' encoding='utf-8'?>
<chapter num="05" heading="Code of Ethics" title_num="09" subtitle_num="19">
  <regulation prefix="Regulation" num=".01" heading="Uniform Standards of Professional Appraisal Practice.">
    <text>In compliance with Business Occupations and Professions Article, §16-208(b), Annotated Code of Maryland, the Commission adopts the most recent version of the Uniform Standards of Professional Appraisal Practice (The Appraisal Foundation), including Preamble, Ethics Rule, Competency Rule, Scope of Work Rule, Jurisdictional Exception, Supplemental Standards, Definitions and Standards 1, 2, 3, and 4 with all related Standard Rules and Statements on Appraisal Standards, as it may be amended, modified, or updated from time to time.</text>
  </regulation>
  <regulation prefix="Regulation" num=".02" heading="Compliance with State Law.">
    <text>While performing an appraisal, licensed and certified appraisers shall abide by each provision of the Maryland Real Estate Appraisers Act, Business Occupations and Professions Article, §16-101 et seq., Annotated Code of Maryland, including each provision of §16-701.</text>
  </regulation>
  <regulation prefix="Regulation" num=".03" heading="Responsibilities of Licensees and Certificate Holders.">
    <paragraph num="A.">
      <text>A licensee or certificate holder shall respond to the Commission in writing within 30 days of receipt of a written communication from the Commission to the licensee or certificate holder.</text>
    </paragraph>
    <paragraph num="B.">
      <text>The Commission shall send written communications by certified and first class mail to the last address furnished to the Commission by the licensee or certificate holder.</text>
    </paragraph>
  </regulation>
  <annotations>
    <annotation type="Authority">Business Occupations and Professions Article, §§16-208, 16-216, 16-220, 16-302(d) and (g), and 16-503(b) and (f), Annotated Code of Maryland</annotation>
    <annotation type="History" subtype="Administrative History">Effective date: September 30, 1991 (18:19 Md. R. 2099)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01 repealed and new Regulations .01—.03 adopted effective August 30, 1993 (20:17 Md. R. 1345)</annotation>
    <annotation type="History" subtype="Administrative History">Chapter revised as an emergency provision effective February 1, 1996 (23:4 Md. R. 269); revised permanently effective July 1, 1996 (23:13 Md. R. 943)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01B amended as an emergency provision effective May 15, 1997 (24:11 Md. R. 791); emergency status expired November 14, 1997 (Emergency provisions are temporary and not printed in COMAR)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01B amended as an emergency provision effective February 12, 1998 (25:5 Md. R. 366); emergency status expired July 11, 1998; amended permanently effective August 24, 1998 (25:17 Md. R. 1360)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01B amended as an emergency provision effective March 31, 1999 (26:8 Md. R. 613); emergency status expired September 28, 1999</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01B amended effective November 1, 1999 (26:22 Md. R. 1691)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01B amended as an emergency provision effective February 25, 2000 (27:7 Md. R. 703); amended permanently effective August 21, 2000 (27:16 Md. R. 1523)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01B amended as an emergency provision effective February 20, 2001 (28:6 Md. R. 619); amended permanently effective June 25, 2001 (28:12 Md. R. 1106)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01B amended as an emergency provision effective January 31, 2002 (29:4 Md. R. 411); emergency status expired July 29, 2002; adopted permanently effective August 19, 2002 (29:16 Md. R. 1288)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01B amended as an emergency provision effective March 20, 2003 (30:8 Md. R. 538); emergency status extended at 30:25 Md. R. 1843; emergency status expired January 20, 2004; amended permanently effective March 1, 2004 (31:4 Md. R. 314)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01B amended effective January 6, 2005 (31:26 Md. R. 1861); August 1, 2005 (32:15 Md. R. 1320); September 10, 2007 (34:18 Md. R. 1579); October 6, 2008 (35:20 Md. R. 1774); November 15, 2010 (37:23 Md. R. 1610); October 29, 2012 (39:21 Md. R. 1378)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01B amended as an emergency provision effective January 1, 2014 (41:3 Md. R. 199); amended permanently effective May 12, 2014 (41:9 Md. R. 520)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01B amended as an emergency provision effective January 1, 2016 (42:26 Md. R. 1593); amended permanently effective May 23, 2016 (43:10 Md. R. 585)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01B amended as an emergency provision effective January 1, 2018 (45:5 Md. R. 284); amended permanently effective March 12, 2018 (45:5 Md. R. 285)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .03 adopted effective March 18, 2002 (29:5 Md. R. 502)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01 repealed and new Regulation .01 adopted effective July 12, 2021 (48:14 Md. R. 538)</annotation>
  </annotations>
</chapter>