Massachusetts § 192 Contingent real estate appraisal assignments; contingent specialized services fees

Massachusetts Statutes

§ 192 — Contingent real estate appraisal assignments; contingent specialized services fees

Massachusetts § 192

Part IADMINISTRATION OF THE GOVERNMENT

Title XVIPUBLIC HEALTH

Ch. 112REGISTRATION OF CERTAIN PROFESSIONS AND OCCUPATIONS

This text of Massachusetts § 192 (Contingent real estate appraisal assignments; contingent specialized services fees) is published on Counsel Stack Legal Research, covering Massachusetts primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mass. Gen. Laws ch. 112, § 192 (2026).

Text

Section 192.

A.A state-certified general real estate appraiser, state-certified residential real estate appraiser or state-licensed real estate appraiser shall not accept a fee for an appraisal assignment that is contingent upon the appraiser reporting a predetermined estimate, analysis or opinion or is contingent upon the opinion, conclusion or valuation reached, or upon the consequences resulting from the appraisal assignment.B. A state-certified or state-licensed real estate appraiser who enters into an agreement to perform specialized services may be paid a fixed fee or a fee that is contingent on the results achieved by the specialized services.C. If a state-certified general real estate appraiser, state-certified residential real estate appraiser or state-licensed real estate apprai

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Section 192. A. A state-certified general real estate appraiser, state-certified residential real estate appraiser or state-licensed real estate appraiser shall not accept a fee for an appraisal assignment that is contingent upon the appraiser reporting a predetermined estimate, analysis or opinion or is contingent upon the opinion, conclusion or valuation reached, or upon the consequences resulting from the appraisal assignment.B. A state-certified or state-licensed real estate appraiser who enters into an agreement to perform specialized services may be paid a fixed fee or a fee that is contingent on the results achieved by the specialized services.C. If a state-certified general real estate appraiser, state-certified residential real estate appraiser or state-licensed real estate appraiser enters into an agreement to perform specialized services for a contingent fee, this fact shall be clearly stated in each written report of an appraisal. In each written report, this fact shall be clearly stated in a prominent location in such report and also in each letter of transmittal and in the certification statement made by the appraiser in such report.