§ 37:3415.18 — Adjudication of disputes between an appraisal management company and an

Louisiana § 37:3415.18

• Jurisdiction: Louisiana
• Title 37: Professions and Occupations

Text

§3415.18. Adjudication of disputes between an appraisal management company and an
appraiser
A. An appraisal management company shall not remove an appraiser from its
appraiser panel, or otherwise refuse to assign requests for real estate appraisal services to an
independent appraiser without doing all of the following:
(1) Notifying the appraiser in writing of the reasons why the appraiser is being
removed from the appraiser panel of the appraisal management company. If the appraiser is
being removed from the panel for illegal conduct, violation of the Uniform Standards of
Professional Appraisal Practice, or a violation of state licensing standards, the nature of the
alleged conduct or violation shall be identified.
(2) Providing an opportunity for the appraiser to respond to the notification of the
appraisal management company.
B. An appraiser that is removed from the appraiser panel of an appraisal management
company for alleged illegal conduct, violation of the Uniform Standards of Professional
Appraisal Practice, or violation of state licensing standards, may file a complaint with the
board for a review of the decision of the appraisal management company, except that in no
case shall the board make any determination regarding the nature of the business relationship
between the appraiser and the appraisal management company which is unrelated to the
actions specified in Subsection A of this Section.
C. If an appraiser files a complaint against an appraisal management company
pursuant to Subsection B of this Section, the board shall adjudicate the complaint.
D. If, after opportunity for hearing and review, the board determines that an appraiser
did not commit a violation of law, a violation of the Uniform Standards of Professional
Appraisal Practice, or a violation of state licensing standards, the board shall order that an
appraiser be reinstated to the appraiser panel of the appraisal management company that was
the subject of the complaint without prejudice.
E. Following the adjudication of a complaint to the board by an appraiser against an
appraisal management company, an appraisal management company may not refuse to make
assignments for real estate appraisal services to an appraiser, or reduce the number of
assignments, or otherwise penalize the appraiser, if the board has found that the appraisal
management company acted improperly in removing the appraiser from the appraiser panel.

Legislative History

Acts 2009, No. 502, §1, eff. Jan. 1, 2010; Acts 2022, No. 415, §1, eff. June 15, 2022.