Indiana Statutes

§ 25-34.1-11-12 — Appraisal reviews

Indiana § 25-34.1-11-12
JurisdictionIndiana
Title 25PROFESSIONS AND OCCUPATIONS
Art. 34.1REAL ESTATE BROKERS AND
Ch. 11Appraisal Management Companies

This text of Indiana § 25-34.1-11-12 (Appraisal reviews) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 25-34.1-11-12 (2026).

Text

(a)As used in this section, "appraisal review" means the USPAP Standard 3 process of developing and communicating an opinion about the quality of an independent real estate appraiser's work that is performed as part of an appraisal assignment made by an appraisal management company. However, the term does not include:
(1)an examination of an appraisal solely for grammatical errors, typographical errors, or similar errors; or
(2)a quality control examination for completeness.
(b)An individual who performs an appraisal review must hold a license or certificate under IC 25-34.1-3-8 or a license as a real estate broker under IC 25-34.1.

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Legislative History

As added by P.L.77-2010, SEC.2.

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Bluebook (online)
Indiana § 25-34.1-11-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/25-34.1-11-12.