North Dakota § 43-23.3-04 Permit required - Exemptions

North Dakota Statutes

§ 43-23.3-04 — Permit required - Exemptions

North Dakota § 43-23.3-04

Title 43Occupations and Professions

Ch. 43-23.3Real Estate Appraisers

This text of North Dakota § 43-23.3-04 (Permit required - Exemptions) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 43-23.3-04 (2026).

Text

1.Except as provided in this section, a person may not directly or indirectly engage in, advertise, conduct the business of, or act in any capacity as an apprentice, licensed, or certified appraiser without first obtaining a permit as provided in this chapter.

2.An appraiser that is apprenticed, licensed, or certified in another state may not engage in, advertise, conduct the business of, or act in any capacity as an appraiser in this state without first obtaining a temporary permit under section 43-23.3-11 or a permit under section 43-23.3-04.1.

3.This chapter does not apply to:

a.A licensed real estate broker or salesperson who, in the ordinary course of business, gives an opinion to a potential seller or third party as to the recommended listing price of real estate or an opinion to

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1. Except as provided in this section, a person may not directly or indirectly engage in,
advertise, conduct the business of, or act in any capacity as an apprentice, licensed,
or certified appraiser without first obtaining a permit as provided in this chapter.
2. An appraiser that is apprenticed, licensed, or certified in another state may not engage
in, advertise, conduct the business of, or act in any capacity as an appraiser in this
state without first obtaining a temporary permit under section 43-23.3-11 or a permit
under section 43-23.3-04.1.
3. This chapter does not apply to:
a. A licensed real estate broker or salesperson who, in the ordinary course of
business, gives an opinion to a potential seller or third party as to the
recommended listing price of real estate or an opinion to a potential purchaser or
third party as to the recommended purchase price of real estate. However, the
opinion as to the listing price or the purchase price may not be referred to as an
appraisal.
b. A person who, in the ordinary course of business, gives an opinion of the value of
real estate to that person's employer.
c. A person employed by the Bank of North Dakota when providing evaluations or
reviews of appraisals for federally insured depository institutions under federal
financial institution regulatory agency appraisal exemptions.
d. A person, who is not an apprentice, licensed, or certified appraiser, who prepares
or provides an evaluation.