Montana § 37-54-416 Retention Of Records

Montana Statutes

§ 37-54-416 — Retention Of Records

Montana § 37-54-416

Title 37PROFESSIONS AND OCCUPATIONS

Ch. 54REAL ESTATE APPRAISERS

Part 4Regulation of Practice

This text of Montana § 37-54-416 (Retention Of Records) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 37-54-416 (2026).

Text

37-54-416 . Retention of records.

(1)A licensed or certified real estate appraiser shall retain for 5 years from the date of submission of an appraisal report to a client:

(a)an original or true copy of any written contract engaging the person's services as an appraiser;

(b)an appraisal report prepared or signed by the licensed or certified real estate appraiser; and

(c)all supporting data assembled and formulated by the licensed or certified real estate appraiser in preparing the appraisal report.

(2)If a licensed or certified real estate appraiser is notified within this 5-year period that the appraisal report is involved in litigation, the appraiser shall retain the appraisal report for 5 years from the final date of disposition of the litigation.

(3)The licensed or certified real

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37-54-416 . Retention of records. (1) A licensed or certified real estate appraiser shall retain for 5 years from the date of submission of an appraisal report to a client:
(a) an original or true copy of any written contract engaging the person's services as an appraiser;
(b) an appraisal report prepared or signed by the licensed or certified real estate appraiser; and
(c) all supporting data assembled and formulated by the licensed or certified real estate appraiser in preparing the appraisal report.
(2) If a licensed or certified real estate appraiser is notified within this 5-year period that the appraisal report is involved in litigation, the appraiser shall retain the appraisal report for 5 years from the final date of disposition of the litigation.
(3) The licensed or certified real estate appraiser shall make available to the board at reasonable times, for inspection and copying, any appraisal report the appraiser is required to maintain under the provisions of this section.