Minnesota § 82C.12 ADHERENCE TO STANDARDS

Minnesota Statutes

§ 82C.12 — ADHERENCE TO STANDARDS

Minnesota § 82C.12

PartREAL ESTATE SALES REGULATIONS

Ch. 82CAPPRAISAL MANAGEMENT COMPANIES

This text of Minnesota § 82C.12 (ADHERENCE TO STANDARDS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 82C.12 (2026).

Text

An appraisal management company must have a system in place to review the work of all employed and independent appraisers that are performing real estate appraisal assignments for the appraisal management company on a periodic basis to verify that the real estate appraisal services are being conducted in accordance with USPAP and chapter 82B. An appraisal management company is required to make referrals directly to state appraiser regulatory authorities when a state licensed or certified appraiser violates USPAP, applicable state law, or engages in other unethical or unprofessional conduct.

Free access — add to your briefcase to read the full text and ask questions with AI

An appraisal management company must have a system in place to review the work of all employed and independent appraisers that are performing real estate appraisal assignments for the appraisal management company on a periodic basis to verify that the real estate appraisal services are being conducted in accordance with USPAP and chapter 82B. An appraisal management company is required to make referrals directly to state appraiser regulatory authorities when a state licensed or certified appraiser violates USPAP, applicable state law, or engages in other unethical or unprofessional conduct.